David Mellon has been working on Wall Street for seven years.

I also worked in a top financial company like Goldman Sachs for three years.

In fact, he himself has good and excellent investment abilities.

It's just that his ability only belongs to the relatively outstanding range among normal people.

It can't be compared with those super geniuses, let alone hanging on the wall.

But this ability was enough for him, after hearing these two data from Abel.

Quickly understand possible changes in the international foreign exchange market.

"So that's it, the black swan has fallen and the yen has fallen! Our short selling has started to make profits!!"

When David understood, his expression became very surprised.

During the two minutes they were talking.

Due to the madness of international giants, the Japanese yen exchange rate has continued to fall.

JPY/USD has fallen to 108.3010.

JPY/EUR also fell rapidly to 98.2180.

Smith Capital's short position in the market resulted in a recent floating loss of US$64 million.

It turned into a floating profit of close to 100 million.

The market obviously didn't end so soon.

Central banks in other countries are trying to save their own Japanese debt.

More or less, I had some reaction.

The slow-responsive Neon Central Bank has not made any move at this time.

If the Neon Central Bank decides to rescue the market, this decline may end here.

But if the Neon Central Bank decides not to care, it will probably continue to fall.

In the middle is the game between the major international financial giants and central banks of various countries.

The complexity and excitement of the game here are definitely enough to write a novel of more than one million words.

But it cannot be said that such wonderful games happen every day.

But it happens once a month, or even more than once.

So there is nothing to write about.

David Mellon was completely excited. He ran into the safe house without drinking any coffee.

safe house,

The eight traders, who had worked hard and worried for a week, were also staring at the market intently.

Compared to the anxious David Mellon, Abel is much more relaxed.

After all, I am a loser.

But he also followed David Mellon and walked in.

After coming in, he immediately said: "Let's start choosing to close the position. First close one-tenth of the order, and first close the contract on Mitsubishi ufj."

This means choosing to put one-tenth of it into your pocket first.

After hearing the boss's orders, the eight traders immediately began operations under the coordination of David.

Soon, two billion US dollars of short-selling and closing contracts appeared in the international foreign exchange market.

at the same time,

In the Empire State Building not far from the Woolworth Building.

In the safe house of Merrill Lynch Foreign Exchange Investment Company, a subsidiary of Merrill Lynch that is mainly responsible for foreign exchange investment.

The trader raised his head and shouted to his immediate boss, George Sen: "Boss! There is a 2 billion liquidation contract, and the Japanese yen exchange rate has risen by one point!"

George Sen is a Japanese-American, but blood cannot limit capitalists.

In other words, capitalists have no bloodline.

Therefore, George Sen has no pressure at all to profit from shorting the Japanese yen.

"At this time, the whole audience is celebrating. Everyone is shorting, how come there is such a large amount of short positions to be closed? Is this a test from the Neon Central Bank?"

"Check which bank and company it is."

The trader operated quickly and immediately shouted: "It's a contract from Mitsubishi ufj Financial Group!"

"Mitsubishi ufj?"

"It should be a middleman, who is behind it?"

George Sen couldn't help talking to himself.

Then he made his own judgment, "Smash it, spend 500 million U.S. dollars for hedging. If the yen exchange rate is lowered a little, it will not be enough for our expectations!"

"clear!"

The subordinates immediately shouted loudly and then began to operate.

There are many capital consortium operators who made the same judgment as George Sen. The result was not long after Smith Capital paid out the 2 billion contract.

The exchange rate of the Japanese yen fell again.

This caused Abel to close his 2 billion contract position and cash out his profit of 20 million US dollars.

For the remaining contracts, the floating profit did not decrease but increased.

From just over US$80 million, it became a floating profit of US$230 million.

And the floating profit is still rising rapidly.

Because the Japanese yen exchange rate continues to fall.

This result left David Mellon stunned.

David originally thought that as someone started to close short positions.

The exchange rate of the Japanese yen should rise slightly.

Unexpectedly, it has dropped now.

He couldn't help turning his head to look at Abel, who was smiling at this time.

David actually wanted to ask "how could this happen" at this time.

He didn't ask.

Because it would appear that he, a top student at Wharton School, is very uneducated.

In fact, if he asked, Abel wouldn't know how to explain it.

Because I just chose to close one-tenth of the order, and I chose the contract of Mitsubishi ufj Financial Group.

This choice was not based on his financial ability.

It was his fault that made him operate like this...

Fortunately, David didn't ask, and Abel didn't need to rack his brains to answer.

He just continued to issue orders one after another, directing David and the traders to sell, buy, and close positions one after another.

that's all,

An hour and a half later.

There are no more Japanese Yen/Euro and Japanese Yen/USD foreign exchange contracts in Smith Capital’s account.

However, the numbers in Smith Capital’s margin accounts at several intermediaries.

But it has grown from US$1 billion at the beginning to US$2.954 billion.

Floating profits become real profits.

After a week of planning, there was a temporary loss of US$64 million.

But now, in two hours, the profit from the Japanese yen exchange rate is US$1.954 billion.

Even if commissions and interest paid to middlemen are deducted, there will still be a profit of at least 1.95 billion.

The pleasure brought by this kind of achievement is far beyond what can be compared with buying stocks when they fall.

He shook his head and warned himself not to go up.

Although the dick is awesome.

But if you get into trouble, some big players can just unplug the network cable.

It even lets you play with physics and disappear.

Now everyone is cutting neon and yen together, which is certainly a fun time.
To be continued...