956 invested $160 billion to build a position (to the elders' disaster_' plus more)
After lunch, Chen Hui returned to his office and opened the daily chart of EUR/USD, which has fallen to 1.3700 for three consecutive days!
Last week, it also fell here once, but it was supported, and then the euro/dollar was pulled up, and now it is falling again, this area has strong support, there are a lot of buys, and it is also a position for a lot of big money to sweep and open positions!
Thinking of this, Chen Hui smiled, now he is going to start from this area and slowly eat up all these purchases!
In the weekly chart of EUR/USD, it is currently falling at the 10 moving average, where there is strong support, and the trend on the weekly chart is still bullish, until the European Central Bank hints at the implementation of negative interest rates, it completely turns down!
Therefore, when the ECB hinted at the implementation of a negative interest rate policy, as much as possible to open a short position on EUR/USD at a high level!
EUR/USD This time he intends to open a short position of more than 15 million lots! This time the operation period is very long, 1 and a half to 2 years!!
Then he opened the daily chart of EUR/GBP, which is currently at 0.8280! It has been three consecutive days, and it has fallen below the 5 EMA, 10 EMA, 20 EMA, and fell to the 40 EMA.
Obviously, the market sentiment has been bullish all this time!
Chen Hui is naturally bearish, because he is here to specialize in shorting, and now the euro/pound does not want to rise strongly like the euro/dollar for a period of time, and the general direction of the euro/pound has turned downward, and this process is also happening gradually!
And in the weekly chart of GBP/EUR, the 20 moving average, the 40 moving average are going down, although the 5 moving average and the 10 moving average are going up, but the downward trend is slowly forming!
This time, Chen intends to open a short position of 10 million contracts of EUR/GBP, and this operation period is also very long, about a year and a half!
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Then Chen Hui opened the daily chart of EUR/CAD, which is currently at 1.5160 and has been falling for seven consecutive trading days, and the K-line has fallen below the 40 moving average, and the current trend chart is very unclear!
In the weekly chart, the euro/CAD is still in the bull market pullback, and now the K-line is at the 10 moving average, with super strong support, there will be a lot of buying, very time to open a short position here, and then eat these sells!
Thinking of this, Chen Hui smiled slightly, this time on the euro/Canadian dollar, he is also ready to establish a short position of 10 million hands!
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Then he opened the daily chart of EUR/CHF, which is currently at 1.2180!
Chen Hui doesn't care how the euro/Swiss franc fluctuates, because in the future, the Swiss National Bank and the Swiss Central Bank's friends will lose miserably! Countless financial institutions and retail investors will blow up their positions when the black swan comes!
At that time, the Swiss National Bank couldn't bear it at all and announced that it would abandon the lower limit of the 1.20 exchange rate against the euro against the Swiss franc, and the global market was shaken!
EUR/CHF plummeted by almost 30% on the day!
And the Swiss franc currency has skyrocketed against all sides!
A super-large black swan flew out, and countless financial institutions and investors died on the same day!
All the guys who are bullish on EUR/CHF have lost a lot of money, and many financial institutions have gone bankrupt the next day!
The Swiss National Bank alone has lost more than $80 billion, and with so many friends of the Swiss Central Bank, it is really a loss of I don't know how much money.
The SNB is not only losing itself, but also everyone.
Everyone sat in the bank, and in the end, these large and small dealers couldn't bear it because the big dealers couldn't bear it, and all of them lost into dogs!
This time, Chen Hui's opponent is the Swiss National Bank, and the time to open a position this time is very slow, and it is super long, about 7 to 8 months to open a position!
And when the time comes, the Swiss franc currency exchange will skyrocket across the board, and all Chen Hui will be long other Swiss franc currency pairs!
This time, on EUR/CHF, at least 15 million short positions will be opened!
At present, Chen Hui's hedge fund has as much as $158.6 billion in idle funds! He is now going to invest all of it in the euro currency exchange!
Chen Hui looked at all the euro currencies and decided to short EUR/USD, EUR/GBP, EUR/CAD, EUR/CHF!
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Previously, Chen Hui spent $8.6 billion to buy a 20 percent stake in Singapore Telecom Group, $400 million to build the Singapore Tourism Group, and another $2.6 billion to buy shares in three Singapore power companies, for a total of $11.6 billion, all of which were paid from Chen Hui's HSBC bank deposit account.
Today, Chen Hui has $50 billion in private trading accounts at HSBC, $59.9 billion in private deposit accounts at HSBC, $51 billion in trading accounts at U.S. banks, and $20 billion in trading accounts at Standard Chartered.
In order to better allocate the short-selling funds, Chen Hui immediately transferred $1.4 billion from his HSBC bank deposit account to his hedge fund, so Chen Hui still had $58.5 billion left in his HSBC bank deposit account, and the idle funds in the hedge fund were as high as $160 billion!
After all this was done, Chen Hui put on a special black mask and took the lead in contacting the trading room where Bitar was!
Bitar looked at the black masked man who appeared on the screen and said respectfully, "Caesar!"
Chen Hui said: "Bittar, this time you are responsible for opening a position to short EUR/GBP, EUR/CAD!"
"EUR/GBP and EUR/CAD both have at least 10 million short positions, totaling more than 20 million lots!"
"This time I will give you $50 billion in funds, heavy position operation, so this time the position should be slow!"
"You have to open a position along the resistance line!
Bitar said respectfully, "Yes!"
The two talked about the process of building a position in detail, and then ended the video.
Subsequently, Chen Hui connected to Adam's trading room, and after connecting, Chen Hui said: "Adam, this time you are responsible for shorting EUR/USD and establishing at least 15 million short positions!"
"This time you'll be given $55 billion!"
"You can slow down the opening of the position, and report to me every day!"
Adam respectfully said, "Yes!"
The two discussed the detailed process of opening positions on EUR/USD.
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Immediately, Chen Hui contacted the trading room where Jiro Yasuda was located.
Yasuda Jiro said respectfully, "Caesar, you have appeared!"
Chen Hui nodded and said, "Yasuda, this time you are responsible for doing EUR/CHF!"
"Establish at least 15 million short positions, I will give you $50 billion in operating funds, and report to me every day!"
Yasuda Jiro's pupils shrank, and he took a cold breath, 15 million hands!!
$50 billion in funding!!
"Yes, Caesar, thank you for your trust!"
After all, the counterparty is the SNB, so the two discussed the process of opening a position in EUR/CHF for a long time.
When the video ended, Chen Hui breathed a sigh of relief!
Finally, the explanation is completed, this time 160 billion US dollars short the euro currency pair!