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After the Divorce, I Could Hear the Voice of the Future-Chapter 139 - 138: Beating the Bulls
The sudden appearance of the opposing order created an impression as if someone knew the outcome in advance, which was quite intriguing.
If someone had known the results a few minutes early, they should have kept it under wraps and waited until the moment they were announced to harvest the short sellers massively.
Instead of startling the snake in the bush now.
"Trying to run?"
Lu Liang squinted his eyes; he knew the final outcome and almost instantly guessed the true intention of the opponent.
The person trading against him must actually have known the election results in advance, but those results had taken him by surprise.
Hence the plan to startle the snake in the bush, to shake off some of the less resolute short sellers, mainly to cover their own retreat.
Just like the Big A dealer, there would always be a sudden drop in the market before launching, shaking off the less determined.
But due to the different rules of Forex trading because, whether shorting or going long, in the end, positions must be squared and settled.
If someone got scared, they could also take advantage of the market drop to exit part of their funds, losing as little as possible.
"They buy as much as we dump, let's see how long they can last, hold steady at 1.5100."
Lu Liang's mouth curled into a smile; time was on their side, and there were less than 300 seconds left.
The more the bulls invested, the more they would lose, and this was just the final struggle.
Once they realized this path was futile, they should reverse and go short, trying to salvage some returns.
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Professional speculators shun acts of defiance.
When it's time to back down, one must back down.
Lu Liang thought for a moment, stepped out of the trading room, and picked up his phone to update his status again: "Before dawn, it should be silent."
Once the message was out, the bears suddenly gained momentum.
Countless short-selling speculators quickly realized that the bulls' sudden urgency surely meant they had a secret they couldn't tell.
Speculators from all countries tacitly agreed to defend 1.5100, waiting for the moment the results were confirmed.
After all, nobody wanted to fall before dawn, to be the last of the cannon fodder; they were determined to see the final outcome even if it killed them.
In the financial market, individual investors might not be significant, but they were important too; if they united, even Wall Street institutions had to bow their heads.
Welfare Girl Qingyin also joined at this time, splitting $50,000 into two parts: margin and working capital, half each.
$25,000 with a 200 times leverage turned into $5 million, which was then exchanged for 3.31 million British Pounds, going all-in full position.
A one basis point move would be £219, with a tolerable loss of 55 pips.
Once it exceeded 1.5155, she would be forced out.
Meanwhile, at Wall Street's Blackstone Fund, a curse was heard: "Fuck~"
Followed by,
An anguished roar: "Lu Liang!"
At this very moment, in the nearby JPMorgan Building, Wilson seemed to hear this voice in the darkness.
He was also looking at Lu Liang's Twitter account, his face growing increasingly grim: "Dammit, it's you again."
Although JPMorgan had not participated in going long on the British Pounds, he really didn't want to see Lu Liang win again.
But there was no time left,
In the live broadcast room of Old England's election,
David Cameron walked out of the Parliamentary Chamber.
His stride was buoyant, and the slight upward curl of his lips seemed to announce the result to the world.
He had been re-elected.
David Cameron, with a smile on his face, walked up to the podium and, following tradition, spoke to the public. He talked about how the EU was like a vampire clinging to Old England and expressed his determination about Brexit once more.
He would discuss with his cabinet ministers, aiming to hold a national Brexit referendum within the next six months.
As his words concluded, the GBP/USD exchange rate plummeted 300 points instantaneously, and the bulls were too slow to react, causing them to blow up their accounts.
The bulls' account liquidation further propelled the exchange rate's plunge, with a fall of up to 550 pips within seconds.
The current GBP/USD exchange rate is 1.4550.
Qingyin's eyes widened as she struggled to contain her excitement. She didn't dare to get greedy and immediately flattened her position with one click.
Her millions in chips were like a drop in the ocean compared to the trillions being traded; they simply couldn't make a ripple.
Fifty thousand US dollars transformed into $225,000 in just about three minutes.
"I made it, I made it~"
Overjoyed to the point of tears, Qingyin had not only recouped her losses from shorting Tesla but also made an extra $25,000.
Meanwhile, Lu Liang allocated tasks with calm precision. They held too much capital and had to cover their positions slowly.
After all, with the GBP/USD rate at 1.4550, there was still a 198-point drop to go. There was no need to rush; taking it slow was fine.
But he had underestimated the impact of David Cameron's re-election. Institutions that were long seemed to be seeking revenge, replenishing funds to recover losses.
Their resolve to go long before was matched by their ruthless shorting strategies now.
As the bear army advanced,
The GBP/USD rate dropped further,
Instantly breaking below the 1.4500 point.
"Buy back, take advantage of this drop to cover,"
Lu Liang snapped out of his daze and issued orders in a rush, fearing he'd be too slow and lose out on the profits that were within grasp.
Fortunately, the bears were aggressive, carrying an unstoppable momentum and directly liquidating numerous struggling long positions.
The liquidation of long positions spilled a slew of sell orders, causing the exchange rate to plummet further.
Sun Yutao and Zhang Jing also took advantage of the situation to square their accounts and cash out.
"Count up the profits from this operation and have Little Wen bring the total to me later."
Lu Liang casually took a photo of an account showing a profit of $5.23 million.
They had five such accounts, with total profits exceeding $30 million.
Lu Liang edited the photo and then updated his Twitter status with it, typing, "Made a little profit, how much did you earn?"
Suddenly, he noticed someone in the comment section posting a series of erotic and titillating videos continuously.
A scantily-clad woman was screaming Lu Liang's name and using some indecent language.
With a critical eye, Lu Liang watched all the videos and finally saw the profit screenshot.
This time, the profit was $175,000 US dollars,
With an initial capital of only $50,000 and using 200 times leverage.
"Wow, that's quite a tidy sum,"
Lu Liang marveled, but he didn't reply.
Though he found Little Steamed Bun intriguing, his followers had unknowingly breached the 100,000 mark.
He had to maintain the image of a proper gentleman.
Over five thousand comments filled the section, some showing profit screenshots, others begging for Lu Liang to take them under his wing.
"Once, I had the chance to make it big right in front of me, but I wasted my time on Twitter watching adult content instead of seizing it. I regretted it deeply only after I lost the opportunity. If heaven granted me another chance, I would cherish it for sure."
"What's the use of talking so much? Godfather, take me under your wing. I'm in debt for 1.2 million, all from trading Forex, please help me recover."
"Godfather, I'm a white-stockinged little Lolita. Qingyin is soft and easy to topple, please lead me to fortune."
Before long, Lu Liang's Twitter activity spread to the domestic audience and more people attentive to the buzz started to follow his Twitter account.
After all, this was a true wealth code; at least a hundred people had seized it and then made a fortune.
As time passed, by evening, Lu Liang's Twitter followers had surpassed the one-million mark.
...
First, let's stabilize updates at nine o'clock.
I'll gradually make up for the owed chapters.