Chapter 480: A Bill
There are many concepts of finance, but in the final analysis, it is the circulation and allocation of resources, and there are resources in hand, which naturally occupies an absolute advantage in the process of financing.
Even if the market has come to the present, the green corner is not sure about the appearance of the positive line, and it is not sure whether there will be a negative line in the future.
But the market has come to the present, Wang Nuo can be sure that there will be a negative line in the future, and what he is not sure about is that the current yang line will appear.
It's very simple, if you know that a big white line will be drawn now, Wang Nuo will not hold a position in front of him, he has a plan of "entering the market from Wellington on the morning of the 1st", but he did not take it.
Now it seems that this is wrong, and the reason is that the market in April, which was good, but the Australian dollar entered the disorderly shock on the data side and did not give a corresponding increase, which led to the emergence of room for manipulation now.
In the early hours of the morning, watching the USD/AUD draw a large black line, coupled with the previous market, a total of more than 40 basis points of decline was directly given, Wang Nuo said MMP.
The exchange rate of 1.1852 means that the AUD/USD has also reached 0.8437, and one hand will lose 4.2 million Australian dollars or more than 3 million dollars, and 10,000 hands will lose money.
And this only takes a blink of an eye, and where the degree of marketization is high, it is so urine, and it is completely murderous without blood.
The most important thing to shout "666" is that after the yang line was given, the market gave a positive answer, and analytical remarks such as "lagging upside" and "expected positive expansion" immediately emerged in endlessly.
Judging from the disk, things are also very simple, the market has digested the data and given its own feedback, which is completely no problem, and it cannot be said that there is a problem for the RBA (the Reserve Bank of Australia to analyze).
As long as the market is open, the right to set prices on financial targets will always be in the hands of market participants, who believe that the Zimbabwean currency is 1 to 1 against the US dollar, then it will be 1 to 1.
The sudden change in the market scared Ye Yaohua and Yuan Rongxin.
The most important thing is that the company holds 10,000 contracts that are sold short.
"If this is really the market's expectation, then the market is wrong, if this is not the market's expectation......" Wang Nuo fell into shock, he felt that he had been educated hard.
Right or wrong, money is king.
Possibility 1: The market really thinks that the data is normal, then the market is wrong, and the financial institutions will first make a wave of spreads, fees and the like, even if they have positions, when the market changes, they will be the first to exit.
Possibility 2: The data is given, similar to "telling a big lie, leading the whole world into the game", spreads, fees are still earned, now kill a wave of shorts, turn the direction and then clean up a handful of longs, or earn.
There are even possibilities such as two, three, four, five, etc., but in any case, as long as the changes in the market are controlled, capital has a way to convert advantages into profits, and this is where the blood is shed.
No, the fairness of the financial market lies in the fact that as long as you are strong enough, you can stick to your own point of view, hold your own position, and wait for the market to give you an answer.
Data doesn't deceive, but people deceive, and as long as there is profit, black can be white, but in the end it's still black.
"But I don't have room to add to my position. Wang Nuo thought about this question again.
If Wang Nuo had 10 billion, 1 billion, even if it was 100 million US dollars, he would dare to smash it in and sell it short, but he had no money.
If the cumulative decline exceeds 1%, Tyrone International will definitely start to liquidate the position, Wang Nuo now has less than 0.7% of the remaining space, he can operate, but the risk is too high.
If the market fluctuates again, and then dozens of basis points come out, Wang Nuo will directly blow up, and the information he has in his hand is not enough for him to determine whether there will be variables in the future.
This is also the reason why Wang Nuo has never dared to give up his identity as an analyst, if he is good enough, the current market trends, he can be deduced by cooperating with the buy-side's research services, how much he is valued, the buyer will know that he is involved in the investment and still maintain cooperation.
"Even if the PMI is not as expected, it may not be 100% out of the negative line, but it is just ......" Wang Nuo seemed to be stunned, looking at the data, there was a trace of impulse in his heart.
It's not fun to win steadily, how can there be a 100% probability in the financial market, do you want to do it last?
Although it is not necessarily a stable win, but the probability is high, first give the positive line, and then the PMI is not as expected, if the Australian dollar can still appreciate, Wang Nuo feels that he is willing to bow his head.
Besides, 10,000 hands have gone in, and it doesn't matter if you have a few thousand hands, anyway, the direction has already been determined.
However, there is no probability of winning in hand, and there is no corresponding book profit.
It's not right, if there is a corresponding book profit, do you still dare to increase your position? What are you kidding, what you are considering is whether to reduce your position.
God-given opportunity, or is there a pit ahead?
"I'm missing a probability. Wang Nuo knew this very well, and then ...... He turned his gaze to the energy figures of the Honest Pen.
The previous shock was too small, and the profit and loss margin was also small, so Wang Nuo couldn't see the proportion of energy consumption at all, and now he has lost more than 3 million US dollars and 20 million yuan, and the energy consumption has appeared.
"Taking the initiative to change will produce consumption, and the variable of reduction is equal to the proportion of choice, which was 320,000 before, and now it is ...... More than 200,000 percent!60%?"
"The proportion of energy consumption of the honest pen is actually a factor, and I can use this factor!" Looking at the number on the cap of the pen that only he could see, Wang Nuo suddenly had a conviction.
Not faith, but faith.
In addition to the variables that have been cut, Wang Nuo has always thought that there is another variable in his hands, that is, the proportion of energy consumed.
If the influencing factor of the variable is large, then the proportion of energy consumption is high, which is a certain thing, so there should not be only one advantage.
"Working overtime tonight. After confirming the answer in his heart, Wang Nuo turned his head and commanded Ye Yaohua and Yuan Rongxin, his eyes flashing with anticipation and excitement.
What is unknown is fascinating, and this is the charm of the financial market.
As long as you don't cut the directional variables, you will never have a 100% probability in your hands, which ...... It's finance.
The next day, on the morning of the 1st, when ordinary people were just getting ready to go to work, the first place to open trading in the international market was called Wellington, a little earlier than Sydney.
Generally speaking, there is not much trading volume in the forex market in the morning, especially after the Wellington market in New Zealand and before the opening of the Sydney market in Australia, the activity is simply miserable.
On this morning, Wang Nuo's purchase order shocked the entire Tyrone International, and even the entire Tyrone.