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Chapter 771 Decisive Battle of Crude Oil Futures (3)

With the continued fermentation of these market negatives and the further spread of panic in the entire market, the main short sellers have gained more and more follow-ups in wti crude oil futures.

The main long institutions of various departments are facing increasing short selling pressure.

"The market trend is rapidly changing towards shorts!" Goldman Sachs Group, Investment Division, MC hedge fund manager Poll Brad, watched the continuous surge in trading volume, but the price continued to decline, and said with emotion, "The main short-selling institutions led by Chinese capital have actually launched a comprehensive battle between longs and shorts on the market one step ahead of schedule. This time is really admirable."

"Do we need to continue to increase our positions to further curb the overall sell-off of the main shorts?"

The fund trading team, the leader of the team, Elvia, asked hurriedly.

Poll Brad pondered for a moment and said, "The short-selling momentum has been established. A large number of followers have gathered up. He insists on defending the orders and the main short-selling forces. Not only is it wasted funds, it may not be able to defend it. In this case... relying on the support level below, consuming short-selling power and fighting a defensive counterattack is the correct trading idea."

"Mr. Brad said it very well!" While Boll Brad spoke, Kry Stover, President of Goldman Sachs Group's investment division, walked into the trading room with a smile. "At the OPEC meeting in two days, its production cut agreement will exceed market expectations. The main short-selling institutions should know that this future market expectations are not within their control."

"That's why at this moment, I created a lot of negative news, hoping to use market short sentiment and huge following trends to fight us in advance."

"However, they can't wait to fight us in advance, just to show their weakness."

"It is beneficial to us if time is delayed. In this way... temporarily avoid its edge, relying on the support level below, gather more funds and main institutions to defend together. When the main short attack encounters obstacles, the market sentiment slows down slightly, and then a full-scale counterattack is indeed better than the current full-scale block."

"I have just spoken to Chairman Mr. Enoke on the phone."

"Mr. Enoke said he is in Washington and will join several other gentlemen tomorrow to attend an economic seminar chaired by Treasury Secretary Precost."

"There are also important members of the Federal Reserve."

"At the same time, I heard that the Chairman of the Federal Reserve, Mr. Bernanke, will also speak at the economic seminar."

"At that time, there should be many positive releases."

"During this period, both the government and the Fed, both economic and financial aspects, are actively solving problems. Moreover, the Fed's monetary policy has been moving on the road of quantitative easing under the promotion of Bernanke, a dovish person. And...it can be foreseen that during Mr. Bernanke's tenure, quantitative easing policy will be implemented more thoroughly."

"There are risks in the market, but this is only temporary."

"There are countless positive things that can be predicted in the future, especially in terms of policies."

"The government and the Fed are now aware of the market risks and are actively discussing and preparing to provide corresponding correct feedback."

"If quantitative easing policies are fully implemented and implemented."

"Then the dollar depreciates and inflation expectations will rise further, and more full future expectations will appear, and of course... it will also become a substantial change in future economic development."

"Based on the basis of the continued depreciation of the US dollar and further rising inflation expectations."

"Commodity and oil prices have these two basic support. Although demand will sluggish in the short term, it will continue to maintain high levels."

"The main short institutions led by Chinese capital have maliciously provoked the risks of the mortgage derivative trading market."

"I want to create a credit crisis and spread risks in full."

"This kind of malicious short selling is impossible in our United States, and they... should pay the price for their malicious short selling."

"In the current market, short sentiment is pervasive, and many people are worried that the 'sub-loan risk' will spread completely and will turn into a comprehensive financial crisis, but in essence... what we see is not necessarily the truth, when many people are aware of the risk problem."

"It has already shown that this risk has almost reached the end."

"Showing that the market is about to usher in an opportunity for a reversal."

"Captain Enoch will meet with Treasury Secretary Cost and Chairman Bernanke tomorrow?" Bohr Brad was extremely excited. "This is a great benefit. Within the Fed, the conservative members, as the outbreak of bank crises, are enough to show that their monetary policy has long been no longer effective."

"It is time for the Fed era under the Greens Vatican to become a past."

"Mr. Bernanke really takes the initiative in the Fed, and the monetary easing and quantitative easing policies he has always advocated will definitely be implemented."

"Prei Cost, the Finance Minister from the side cooperates..."

"Then, it is clearly foreseeable to use the continuous easing of currency to further stimulate inflation and pass on risks to solve the current 'sub-prime crisis'."

"So..." Kry Stover continued, "When the market seems to be the most dangerous, the market often turns around, the best opportunity to enter and counterattack."

"We must have a clear understanding of the market and be able to clearly foresee the future from information channels and intelligence."

"We must be greedy in the fear of the market, and we must be brave enough to take heavy positions and plunder the profits of the shorts and the market when the turning point is likely to occur."

"Mr. Stover is right." Poll Brad replied with a smile, "I know how to do it!"

Kry Stover nodded and after giving the order to "rely rely on the lower WTI crude oil futures price to lower the low of $125 to $130 for a defensive counterattack", he quickly expressed his opinions and also said that he had the main institutions of other long positions.

The main institutions of other long departments are becoming increasingly heavy when they realize that the market follows the trend of short selling.

After understanding that the hope of buying at a short position price and holding a tough and hard-working $133 is indeed slim, and after all, they agreed to Kry Stover's opinion, preparing to give up the intention of holding onto an insignificant position, and retreated to the range of $130 to $125 to support the defense line.

"It is also the so-called active retreat and defensive counterattack." When various departments executed their instructions and retreated to the long support range of US$130 to 125, Coven Morris, the manager of Herman Investment Fund, muttered, "715 bond futures, is also the so-called active retreat and defensive counterattack."

"As a result... I lost market initiative once I retreated."

"As soon as you retreat, you completely let the main shorts occupy the market advantage, and use constant surprise means to trigger a liquidity crisis in the mortgage derivative trading market."

"A battle between long and short is like a war between two armies."

"Only by not retreating in an instant and facing each other in a tit-for-tat way can we gather momentum. The more we retreat... the weaker the bulls' momentum, the stronger the bears' momentum."

Lead Capital Investment Officer Gus Forta laughed and said, "The market of wti crude oil futures is different from the original 715 bond futures. As long as you stick to the defensive range and use the foreseeable subsequent market benefits, you can form a defensive counterattack situation."

"Besides arousing emotions from the market news, bears have no other opportunities to break through on the side."

"In contrast, we can dominate the positive developments of both OPEC oil-producing countries and internal economic macro strategies."

“This means…”

"Although the current market sentiment situation is where the bears have the advantage, we still have the initiative in the market situation. When this initiative has not been lost, relying on the defense range of the support level, the most rapid short offensive will be consumed and a part of the profit will be released to the bears."

"Then after using the short attack to be blocked, the profit-taking orders will be resumed and the support defense line will not be broken, and a large number of bulls and trending orders will be poured in again, and there will be subsequent positive waves after wave."

"We can quickly use these factors to get back on the market."

"In the financial trading market, long and short forces have always been one to the other. Although we are the main institutions, we must also think about saving funds and making full use of various factors in the market to continuously consume opponents' strength, obtain the final victory, and plunder the profits and principal in the opponent's hands."

"Execute it, Coven Morris." Gus Forta said in a deep voice, "I promise that this will not become a situation of 715 bond futures, and that the funds invested by Hermann Fund in the market will once again fall into huge losses."

At this moment, 715 Bond Futures, as the liquidity of the entire converting bond trading market was further exhausted, two 10 billion funds invested here collapsed, and under the continuous bombardment of various negative factors... have been completely penetrated by the vast short forces of the long defense of US$78 to 80, triggering the on-site liquidation and stop loss, resulting in the long institutions holding positions being forced to clear the positions and stop losses, and the losses were extremely heavy.

Just because of the 715 bond futures, a step back will lead to all long positions and will be forced to stop losses and exit.

So Coven Morris, facing his ally Goldman Sachs Group, was so disgusted by Kry Stover's tactic of "relying on support positions and defending and counterattacking".

"I hope I won't repeat the consequences of 715 bond futures!" Coven Morris looked at the main account of 715 bond futures that continued to expand, and he had not completely withdrawn from his position. He felt like a big stone was pressed down on his heart. "Joseph Melken, executed Mr. Gus Forta's order, abandoned the strategy of consuming short-selling orders in WTI crude oil futures, and paid a lot of orders in the price range of 125 to 130 US dollars."

Joseph Melken, who led the WTI crude oil futures trading group, nodded and quickly executed the relevant instructions.

The main long institutions in various departments, while crazily cutting positions in 715 bond futures contracts and liquidating stop losses, they gave up fierce competition with the shorts in the price range of WTI crude oil futures $133 to $135, and paid a large amount of orders for the price range of $125 to $130, and then actively retreated.

The main short-selling institutions led by Chinese capital took advantage of market sentiment and huge volume to follow the trend and made an instant breakthrough.

At 2:12 New York time, the price of WTI crude oil was successfully pushed into the $130 mark, successfully expanding the short defense to the $10 range.

at the same time……

In the mortgage-to-converted bond futures trading market, as multiple convertible bond futures collapsed one after another, the 715 bond futures, as the core of the market, are panic and stampede on the market, and the situation of panic is getting worse and worse.

The liquidation market is fully covered by the stop loss market.

Coupled with the intentional guidance of the main short-selling institutions, as well as the rare long-selling takeovers on the market.

After its price was completely broken through $78, it fell sharply and reached the lowest price of $65. The discount rate and future expected yield of bond holdings once reached more than 38%.

"Manager Chen, we should...recover it?"

Seeing the long power of 715 bond futures collapsed, Wu Heng, head of the trading group, hurriedly said: "Our holdings in 715 bond futures, after withdrawing from the $6.5 billion position to make a profit, our floating profit now has expanded to around $6 billion again. It's really... it's so crazy."

After defeating the main bulls' defense line of $78 to $80.

In less than fifteen minutes, Wu Heng watched the overall holding account investing in 715 bond futures, from a holding profit of about 100 million US dollars to 6 billion at a rate of hundreds of millions of dollars per minute. The ultimate shock almost made his mind blank.

Too crazy, indeed too crazy!

The entire market collapsed, and almost all the bulls in the market were killed by them. The extreme huge profits and the tragic situation of the bulls trampling on each other and liquidating them desperately made him truly experience the international financial leverage trading market, the feeling of a heaven of thought and a hell of thought.

If they eventually fail, they will invest more than 8 billion US dollars in the field.

Not to mention that it will all be gone, it will also lose at least 80% under the extreme stampede effect and its own trading leverage effect.

Such profits and losses of billions of dollars or even tens of billions of dollars are related to the entire macroeconomic situation and the long-short battle in the financial situation of major countries.

Wu Heng, who had never experienced the battle in London, was excited and shocked.

Chen Yuhe stared at the 715 bond futures market and saw that after the initial wave of stampede, under the temptation of discount of more than 35%, the exhausted liquidity is slowly recovering.

They have very heavy positions in this bond futures.

Now, the main long institutions have been completely defeated by the huge short forces gathered, and they have indeed reached the time to close positions and stop profits and cover.

Otherwise, wait until the market returns to peace.

With such a heavy position, in a situation where there are basically short profits on the market, it is completely impossible to harvest the longs among the many stop-profit short forces, and at this moment, the floating profit of more than 6 billion US dollars in the account will become completely impossible.

"Taking the situation of trampling and collapse is still continuing, we will quickly and take over these stop losses on a large scale, and achieve the purpose of filling up and closing positions and stopping profits." Chen Yuhe knew that the opportunity to appear was rare, so she issued an order urgently, "Close the position at the top and grab the profits from the collapse of the longs."

“The entire mortgage conversion bond trading market.”

"It was caused by the liquidity caused by the 'sub-loan loan'. In fact, there was no bond, and there was currently a default of untimely redemption."

"The discount rates of these bond futures at this moment have become a bit overreaction."

"When the long forces with extremely serious losses come out, the liquidation will be cleared and the market will begin to repair itself. Then, these bond futures with discount rates seriously exceeding market risk expectations will definitely rebound rapidly and return to a reasonable position in the market again."

“In other words, we are now floating profits on short positions in mortgage conversion bond futures contracts.”

“It’s not really given to us by the market.”

"It is because the main long institutions are trampled on by panic and temporarily gifted us. If we want to retain these profits, we must complete the position recovery before the market has returned to the real valuation, and convert the floating profit of the account into the real capital profit of the investment account."

"Only when you appear, the profits are real, otherwise it will be just a string of floating profit numbers that will be recovered by the market at any time."

Hearing Chen Yuhe's words, Wu Heng and the entire trading group began to take over the orders in the huge liquidation and stop loss trading, completing large-scale position replenishment, and laughed at the big profits of long institutions being forced to stop loss clearance due to the market collapse.
Chapter completed!
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