607. The bulls are triumphant
At this moment, all their heads had gloomy faces, did not speak, and stared at the USD/CAD chart, while their traders were talking.
"How is this possible??"
"That idiot is shorting USD/CAD?"
"That idiot is shorting USD/CAD when USD/CAD is so strong?"
'Is this second force to see the Bank of Canada's interest rate meeting as nothing?'
"Could it be that the Bank of Canada has made a move??"
"FUCK, that idiot has been smashing the plate tonight?"
"Isn't the short guy sick in the brain?"
"It's not sick, that guy is definitely a brain-dead!"
"In this case, you dare to smash the plate?
·······
That's when their leaders started talking!
"Continue to buy small positions!"
"Buy a small position! Don't pull it up just yet, just support USD/CAD!"
"Buy in Ogura!
"Just support the decline in USD/CAD!"
······
Tudor Investment Company, a trading wizard, Jones instructed: "Let's continue to close positions, don't be like those hopelessly stupid dead bulls in the market!" Looking at the puzzled expressions of his subordinates, Jones continued: "From now on, close your positions when you find an opportunity, if USD/CAD rises, we will close more, and if USD/CAD falls, we will close less! Don't be like the guy in the market who smashes the market, we should close the lot as small as possible! If we also smash the market, then the USD/ The Canadian dollar is likely to be smashed and continue to plummet!, and we will lose more than we have to lose!"
Jones naturally saw that someone was in the midst of the USD/CAD rally, selling long positions in USD/CAD at a high level and fled!
And the unscrupulous sell-off, so that the dollar/Canadian dollar fell sharply many times, the dollar/Canadian dollar was suppressed greatly, making people panic, but they were pitted in the long term, the original market USD/CAD dead bears are in the midst of collapse, the dollar/Canadian dollar will undoubtedly rise in the future, so he can't figure out why someone would choose to sell their long positions at this time! But for the sake of conservatism, he also chose to close the position, and now he has made a lot of profits, and it is time to close the position.
"Yes!" everyone immediately continued to close the position cautiously.
····
Fifteen minutes passed, and this is when the US economic data is out again.
U.S. FHFA Home Price Index MoM for November
Previous 0.1%
0.2% forecast
Published value0.7%
Counting changes in the price of homes financed by Fannie Mae and Freddie Mac, the U.S. housing market, which is currently a major drag on the U.S. economic recovery, would be good news for the housing market if home prices rise. Forex investors judge the trend of exchange rates based on this.
This data is very positive for the US dollar. That's when the U.S. dollar index started to strengthen, and so did the USD/CAD pair.
The bulls in the market are also excited.
Australian Future Fund, UBS, Blue Crown Asset Management, Transcend Hedge Fund, Ocean Capital Management, Howard Asset Management, Sloan Robinson Asset Management, Lloyds Banking Group, Maxim Capital Management, their trading room was full of excitement and excitement, and their leaders looked relaxed.
"Buy!"
"It's time to pull up!"
"Buy USD/CAD!"
"Pull USD/CAD up!"
"Increase the number of buy lots!"
"Pull up!!"
"Pull USD/CAD back to where it was!
"Now the guy who smashed the plate before, he knows that he is a fool!"
"That second force, you should know that you are wrong!"
"Tonight's U.S. economic data is all positive for the dollar, only brain-dead will smash the dollar/Canadian dollar!"
"Now that the U.S. dollar is rebounding and starting to strengthen, these people are actually smashing the U.S. dollar/Canadian dollar like this! That guy who smashed the market is not a fool, is he?"
······
Immediately, USD/CAD took advantage of this great opportunity to start a crazy rally!!! USD/CAD began to regain lost ground, all the way up, almost no resistance, it was easy to rise!
Tudor Investment Company, a trading wizard, Jones looked at this scene and ordered: "Stop closing positions!!Stop closing positions!!"
"Let's wait and see!!"
"If USD/CAD rises to a high level, we will continue to close the position!
"Just don't smash the plate!"
Jones said in a row.
···
At this moment, in Xiangjiang, Standard Chartered Building, and the chairman's office, Chen Hui looked at this scene with an excited expression, and the USD/CAD rose sharply from 1.1200 to 1.1235 in 5 minutes, and then continued to rise after 10 minutes.
Another 15 minutes passed, and on the 15-minute chart, USD/CAD pulled out a long white candle, rising sharply from 1.1235 to 1.1290, a full 55 points, and then oscillating at high speed from 1.1290 to 1.1295. A pair of weather that broke through the 1.1300 level again.
Chen Hui was also shocked!
It really announced to the bears of the market that the king has returned!
"Brother is the returning king!"
At this moment, in Chicago, USA, Vallasne Asset Management Company, the lead trader, David watched the USD/CAD rise crazy again, he was very nervous, and said in a deep voice: "Don't close the position, you have to pull up a few long white candles again in closing the USD/CAD position!!"
At the moment, they are still losing 11 digits in their accounts, and many short positions on USD/CAD have not been closed!
New York City, Angelo Gordon Company, head of foreign exchange trading, executive director, Bakett broke out in a cold sweat again, and said: "Stop closing positions!, stop closing positions, don't close a hand! Continue to wait and see, waiting for USD/CAD to be smashed down!"
Previously, they had not closed many positions, and now they still have billions of dollars in their accounts!
······
At this moment, Germany, Hamburg, L'Aquila Capital, the chief trader of Kstian, shouted: "Hemp!, USD/CAD has skyrocketed again, and in the midst of the big rise, any bullish economic data can make it soar!!
"Wait, hold it for me, don't close the position for the time being!
"The USD/CAD has been smashed so many times before, and it will definitely be smashed down this time!"
They still hold a lot of long positions in USD/CAD, and when they closed their positions just now, they were too small, but they didn't expect USD/CAD to skyrocket in a blink of an eye.