According to reports, this story begins at an entirely unscientific moment: Zhou Ziye, a designer who rose from creating counterfeit mobile phones, suddenly time-traveled back to the year 1984.
...Naturally, people thought that once the pound sterling held above two dollars, it would be impossible for it to fall back down in the short term.
The eagle's shamelessness has thoroughly angered the entire Western economic system.
When the price of the Eagle reached two yuan, it fell back down in less than a second.
Immediately, various countries and the Eagle began selling Eagle currencies. Did these countries agree to such a sharp rise?
The mark is rising, the franc is rising, the lira is rising.
Anyway, they went against the eagle, and the US dollar took the opportunity to rise.
In Europe, the eagle was like a rat in the street, hated and hunted by everyone.
They seemed to have a tacit agreement to curb the growth of the eagle pound, launching a coordinated attack.
Xing Baohua smiled. He had staked all his money on the two-yuan price level, fearing it wouldn't be safe, so he set aside some funds, with the margin call price at 2.0005.
Once the price of the Eagle Pound reaches 2.0005, all of Xing Baohua's orders will be triggered, and he will be out of money. He will probably only be left with a few hundred thousand yuan out of the billions of yuan in funds.
This was a high-stakes gamble, and it was like a do-or-die situation, with the leverage set to the maximum.
When asked about the maximum leverage, those old-school aristocrats actually smiled and offered him leverage up to a thousand times, just to quickly acquire all of Xing Baohua's money.
Even with a leverage of 100x, Xing Baohua played with extreme caution, feeling like he was going crazy. He usually only played with 20x leverage, and 20x was already quite profitable, let alone 1000x.
Xing Baohua spent his last $1.8 billion on a price of $2.
Fortunately, Xiaotian set it at 1.9999. At that instant, the market price was 2 yuan. Even a super trader wouldn't be able to complete that action in a second.
This is electronic.
In reality, the traders had already started placing orders for the 2.0000 price level around 1.9995.
Once the market price reaches the target level, the order will be stamped in the presence of a bank, lawyer, and notary, and the contract will become effective.
A thousand times!
It's so exciting to think about. Either you lose all your money in the blink of an eye, or you become rich overnight.
For every 100 points, Xing Baohua will earn 100 million. This is still the same 1.8 billion bet; there are still orders at 1.98, 1.96, 1.92, and up to 1.88.
Although some orders were sold off to raise funds for higher-priced orders, now that the conditions are right, we'll just wait for the profits.
The best way to defeat a thug is to use thuggish methods.
When you try to reason with him, he resorts to thuggish tactics; when you use thuggish tactics, he tries to reason with you. When you encounter this kind of person, don't bother with reasoning, just gang up on him.
Mark suddenly took the lead, and prices surged like crazy.
Many countries are still wondering if the Mark has taken some kind of stimulant, needing to resort to such a self-destructive method to deal with the hawkish pound.
A country's economy growing too fast is not a good thing, especially the currency. We need to consider the various factors at play, particularly the comparison between wages and prices.
Just as other alliances in Europe were wondering what was going on, the wall between East and West Germany collapsed.
After many years, the family was reunited. They no longer need to risk their lives to climb over walls to visit relatives.
The news seemed sudden, but they had been preparing for it for a long time. Although it was called off halfway, they had been secretly preparing for this day.
With the help of the Great Eagle pound and a good interface, it was convenient to combine them into a major power.
East and West Germany became history.
With the Mark's surge supported and its strength formidable, what is there to fear regarding economic instability?
This completely stunned Big Eagle.
The two candlesticks, one above the other, are very prominent on the candlestick chart, with the bearish candlestick continuing its sharp decline westward.
On this day, the pound fell to a record low of 1,230 points.
On average, every 100 points of trading across all of Xing Baohua's positions would yield a profit of $380 million.
It dropped from 1.9999 to around 1.8760.
All trading companies are facing huge losses. Doing foreign trade with Daying is simply impossible. This is outrageous! Of course, Daying is also losing money on its imports.
On that day, Xing Baohua made a profit of 4.5 billion US dollars.
All the money they lost before was made back on this one day, with a profit of over a billion.
All the institutions that watched Xing Baohua place orders were dumbfounded.
Someone who was just a few points away from losing everything actually turned things around and made a profit, even amidst such huge volatility.
This is too unbelievable! Look at the high points he scored, who has that ability? Oh! Wait a minute, he only scored two points in a flash, how did he do that?
Those who understand will always understand, while those who don't will remain confused.
Regardless, Xing Baohua won all 1,200 points in one go, from the highest to the lowest.
Ideally, Xing Baohua hasn't closed his position, so the money hasn't ended up in his pocket. If the pound sterling rebounds tomorrow, Xing Baohua's 1,200-point gain will be reduced.
Based on this rate of decline, the pound should rebound the next day, returning to a reasonable price level.
With such large fluctuations, other trade currencies need time to recover.
But the pound sterling is so unpredictable, trading globally 24/7 without giving any time for a rebound.
The working group in Paris has begun preparing to release the francs.
The franc is unstable, so it's best to get it out sooner rather than later. It's a pity that it didn't work out in West Germany.
After the technical team sold off their shares for profit, Xing Baohua arranged for them to return to China by plane.
Xing Baohua remained in the Great Eagle Empire.
Every morning when I wake up, before even washing up, I check the drop in price levels before getting ready, humming a little tune as I eat breakfast.
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