582. Floating surplus of $10 billion.
After hearing the instructions of Chairman Mai Pida, everyone immediately began to close their positions and continued to suppress the USD/CAD downward, just hedging against the bulls who bought the bottom. USD/CAD is oscillating at high speed in a narrow range of 5 pips from 1.0930 to 1.0935.
Chen Hui's expression was very excited, he was buying frantically, buying 10,000 lots at a time!
·····
At this moment, Luckfield Asset Management, the chief president's office, Dai Yan smiled and said to himself: "As I expected, the USD/CAD has plummeted! Danny's idiot actually wants to stop the loss so quickly! It's stupid enough, the USD/CAD may fall even more fiercely tomorrow, and tonight is just a prelude!!"
Now that USD/CAD is at 1.0930, their long position of 6 million lots of USD/CAD is still floating by 130 points, totaling $7.8 billion, which is $4.8 billion less than the previous maximum loss of $12.6 billion!!
Just when Dai Yan was complacent, his phone rang, it was Danny calling, after connecting, Dai Yan smiled: "Danny, what's the matter? Are you here to admit to me that you are wrong? In fact, this is completely unnecessary, I didn't pay attention to the previous thing at all!"
Danny said in a deep voice on the phone: "Dai Yan, you are wrong, I am not here to admit my mistake to you, I am here to remind you!"
When Dai Yan heard this, he couldn't help but be happy in his heart, and said with a smile: "Danny, I'm very busy, if I have something to say, I will definitely consider your reminder, just like you have been reminding me in my office before!"
Danny didn't have the heart to talk to Dai Yan, and immediately said: "Dai Yan, we still have a floating loss of $7.8 billion, let's close the position as soon as possible, this may be our last chance!"
Hearing the disdainful laughter on the phone, Danny continued: "Don't think that these economic data can really change the trend of USD/CAD!"
"Danny, I don't know what you're talking about, if nothing else, I'll hang up!" After speaking, Dai Yan hung up the phone.
At this moment, in the foreign exchange department, Danny sat on a stool with a gloomy face, and said nothing, although the USD/CAD fell by 80 points due to Canada's economic data, from 1.1010 to 1.0930, but this is only temporary.
"Danny, God is really pampering us! Hehe, the USD/CAD has fallen so many points!" a trader excitedly pointed to the USD/CAD chart and exclaimed in surprise: "That's 80 points! We've lost $4.8 billion!"
He had prayed before, but he didn't expect that the USD/CAD would really fall, all the way down, and at this moment he was very excited in his heart, just like they fell into the abyss and suddenly grabbed a life-saving rope!
"Danny, why aren't you happy, we finally see hope again!"
"God will bless us!"
··
Danny smiled and said, "Now I really want to close the position quickly!", he sighed inwardly and said secretly: "Dai Yan, after all, he will pay a heavy price for his greed, stupidity, and luck!"
Although USD/CAD fell to the level of 1.0930, Danny is not optimistic!
"Danny, stop kidding!"
"Danny, you must be joking!"
···
In the midst of the excitement, excitement and joy of everyone, the USD/CAD pair suddenly rose, rising 20 points from the 1.0930 level in 10 minutes to the 1.0950 level.
Pulled out a 15-minute long white candlestick, which suddenly made the hearts of all traders hang, the situation is not good!!
Five minutes later, USD/CAD rose another 10 pips, breaking through to the 1.0960 level, and in a moment it gained a foothold at the 1.0960 level.
After another five minutes, USD/CAD began to oscillate at high speed in the 1.0960-1.0975 zone.
Suddenly there was no excitement, no joy, no excitement. They all looked at Danny, who was silent.
Danny looked at everyone and said, "It's hard to stop losses now!"
When everyone heard Danny's words, they were silent, their faces were frightened, and they looked at the USD/CAD chart with desperate eyes.
···
Time passed quickly, and after a few hours, USD/CAD finally gained a foothold at 1.0970.
During this time, USD/CAD, AUD/CAD, GBP/CAD, CHF/CAD, EUR/CAD rose across the board!
At the moment, based in Chicago, USA, Balyasny Asset Management is a hedge fund with $42 billion under management.
In the trading room, the traders nervously watched the trend of USD/CAD, but they did not expect that as soon as they closed some of their short positions in USD/CAD, USD/CAD rose by 40 points!
In New York City, traders stopped shorting Angelo Gordon & Co., a hedge fund with $45 billion under management.
City of Boston, Adage Capital Management, a $60 billion hedge fund under management.
In the trading room, the traders also stopped going long.
In Greenwich City, traders at the Tudor Investment Corporation, a hedge fund with $55 billion under management, stopped going long. 、
At this moment, Xiangjiang, Standard Chartered Building, the chairman's office, and Chen Hui also stopped going long!USD/CAD rose to 1.0975.
Chen Hui nodded, got up, stretched his body, and then walked towards Luo Baowen's desk.
Previously, he added a total of 500,000 lots to his long position on USD/CAD.
He now has a total of 9 million long positions in his account, including 4.5 million lots of USD/CAD, 500,000 lots of AUD/CAD, 1.5 million lots of GBP/CAD, 500,000 lots of CHF/CAD, and 2 million lots of EUR/CAD.
At present, USD/CAD is at 1.0975, and Chen Hui's average position of 4.5 million USD/CAD is at 1.0865, with a total of 110 points of floating profit, totaling more than $4.95 billion!
AUD/CAD is at 0.9660 at the moment, and Chen Hui's current 500,000 AUD/USD long position has an average opening position of 0.9540, with a floating profit of 120 points, totaling $600 million!
CHF/CAD is currently at 1.2050, Chen Hui holds a total of 500,000 contracts of CHF/CAD long position, with an average position at 1.2000, and is currently making a profit of 50 points on his account, with a total floating profit of $250 million!
GBP/CAD is currently at 1.8080, and Chen Hui holds a total of 1.5 million long positions in GBP/CAD, with an average opening point at 1.7840, making a total profit of 240 pips, totaling $3.6 billion!
EUR/CAD is currently at 1.4870, and Chen Hui's long position of 2 million lots of EUR/CAD has an average position at 1.4840, with a total of 30 points of floating profit, totaling $600 million!
At present, Chen Hui has a total floating profit of 10 billion US dollars, and the net account value in HSBC is 23 billion US dollars!