Start with a Cat and Mouse Game

Chapter 137: A sneak attack also has a certain streng

   After arriving in Switzerland, Li Changheng did not go to UBS, but went to the stock market, booked a private room, and planned to operate it himself.

   Fortunately, there is still time. First enter the market with US$10,000 to familiarize yourself with the operation.

   And he knows the trend, he only needs to be familiar with how to buy quickly and how to quickly sell the foreign exchange futures contract in his hand.

  There is a big problem in speculating on futures. Someone must take over the futures contract in your hand.

   And the market has enough funds to join this game, otherwise he uses ten times leverage to operate 22 million U.S. dollars, and the funds will be enlarged to 220 million U.S. dollars in an instant.

   There is no investment institution in the market that can swallow such a large contract in one go.

   But he would not use ten times leverage stupidly. This is not a stock market crash after all. He knows the definite time point, and the ghost knows the difference between this world and reality.

   It was just that someone was eyeing him and combined with several institutions to raise the pound in a short period of time.

   Li Changheng, who doesn't have much money to make a deposit, may be forcibly liquidated within ten minutes. Even if he doesn't lose, he will suffer a huge loss.

  Think about Soros spent 12 billion U.S. dollars in Thailand, plus countless organizations that followed suit, and the final profit was only 4 billion. You know that financial wars are not that simple.

   Fortunately, although I don’t know the specific exchange rate fluctuations, it is foreseeable that once the pound falls, the Bank of England will definitely stand up and buy the pound sterling as appropriate to stabilize the exchange rate.

   And Li Changheng's plan is very simple.

   When the news of the 5 foreign affairs personnel's accident came out, the soldiers stayed there, because the fighting at this time must be fierce, and the exchange rate will fluctuate quickly.

   Entering at this time, it is completely a gamble on luck.

  Only when the two sides are fighting fiercely, when the Reserve Bank scandal suddenly breaks out, can the Bank of England be caught off guard.

   When the rights department intervenes in the investigation and the Bank of England cannot protect itself, it is the best time for a sneak attack.

   However, the speed of shorting and selling contracts is fast.

   When the Bank of England had an accident, Downing Street would keep its eyes on the bank while maintaining its exchange rate 100%, avoiding the formation of linkage benefits, causing market panic, and severely damaging the economy of England.

   Three days later, the news that English foreign affairs personnel lost contact in the north of Saigon appeared in front of people all over the world as they wished.

  Even, Li Changheng suspected that when he knew this from Andrew and Bell, many institutions and the United States must have known it sooner or later, and were secretly preparing.

   As soon as the London stock market opened on Monday, the exchange rate of the British pound against the US dollar and the West German mark fluctuated.

   Even a puzzling rookie like Li Changheng can see from the large number of traded contracts that some people have long been prepared to short the British pound, and the Bank of England has also made a defensive plan these days.

   At 8 am London time on Thursday, after three days of competition, and the fighting between the Americans and Vietnamese men has become fierce, even the English foreign personnel in Saigon had to withdraw from Saigon.

   The London Morning News reports and many newspapers have emphasized that the possibility of recovering the 5 foreign affairs personnel is basically zero.

   The time was ripe, and Li Changheng thought for half an hour before walking out of the exchange room.

   drove to the airport, and took another two hours to fly from Zurich to Milan.

   sent a parcel by express air express to several London media. At the same time, it also sent more than a dozen copies of the same information to media in France, Italy, and Spain.

  Moreover, in order to prevent the Bank of England from having a strong relationship, he also called and threatened several police officers at the White Hart Lane Police Station in the north of London, who had received black money from the inspector.

  Even, the pictures of the dozen or so members of parliament and senior officials who were taken indecently were all taken by him.

   As soon as things went wrong on Friday and Saturday, I would send these photographs developed with negatives to these dozen or so people.

   Really speaking, these photos actually have to be sent out sooner or later.

   It was not only because of revenge against the bankers of the Bank of England, that Downing Street once again proposed the decision to revert to the Bank of England.

   Another point is that he previously neglected that members of the House of Commons all have terms of office.

   has been holding it in his hand. After a few years, these photos may become waste paper.

   The scandals of some retired old English men or dormant politicians who are once again engaged in ordinary work have revealed the significance of the scandal besides shaming and ruining the future of his family?

   After returning to Zurich at 2:30 in the afternoon, he began to short the British pound with a triple leverage of hundreds of thousands and hundreds of thousands.

   Due to the intervention of the Bank of England and the incident with only 5 foreign affairs personnel, it is bet that England can withstand the pressure, but there are still many people and organizations that do not send troops.

   In just two hours, Li Changheng established a three-day short-term futures contract with three times leverage for delivery next Monday, which cost 10 million U.S. dollars.

   Triple leverage is a contract worth 30 million U.S. dollars, but he cursed out of his dislike.

   meditated silently for a while, thinking with some worry in his heart, "The speed of the transaction is so fast, so many people and institutions are optimistic about England?"

   The bulls are so strong that he can only forcefully suppress the impulse in his heart, leaving 12 million US dollars as a deposit.

  The reason for the Thursday transaction is to wait for tomorrow’s newspaper to report on the bank of England’s scandal about the theft of old banknotes and to set aside two days of market closure for fermentation.

   This not only has enough time to spread more widely, but also allows Downing Street time to intervene in the bank investigation.

   As long as the media digs up news that there are a lot of old banknotes in the sewers, things are beyond the control of the Bank of England.

   Not only will the confidence of the market fall, but the Bank of England cannot protect itself. It is difficult for the funds to enter the market and short-sell on Monday to kill.

   Those who have eaten the 30 million US dollar contract in Li Changheng's hand, without the support of the bank and the English official who made the decision so quickly, absolutely can't hold the exchange rate.

   Before the market closes on Monday afternoon, the futures contract in his hand can be delivered. How much money UU can make from reading www.uukanshu.com depends on the determination of those short positions after receiving the news.

   There are still bullish long funds, how much money and confidence there is, try to hold the exchange rate as much as possible, and wait for the English official to stand up and participate in the war.

   As for the remaining 12 million US dollars, it is used to prevent the exchange rate from being pulled up by the Bank of England and long funds before the market closes on Thursday and Friday morning, as a margin to prevent liquidation.

   The simplest explanation is that if the exchange rate of British pound to U.S. dollar is 1:4, as long as it exceeds this price and reaches 1:4.1, the pound is more valuable.

   A short contract will lose money, and Li Changheng will have to pay this part of the loss to the trading agency.

   After he lost his 12 million deposit, the securities dealer who did not want to lose money would force him to sell a part of the contract to keep other contracts in a state of not losing money.

   Moreover, on the contract delivery date, even before that, the exchange rate vibrates violently, and the exchange has the right to liquidate and sell his contract in advance on the grounds of extremely risky.

   To avoid the exchange rate fluctuations on the delivery day, the exchange cannot predict whether you will lose out, resulting in insufficient money to pay the longs.

   And he has been establishing contracts with hundreds of thousands, hundreds of thousands.

   On the one hand, the amount of money is small and it is easy to find an organization that engages in the contract. Second, the use of contracts at different times prevents the exchange from completely liquidating his positions.

   Before the market closed on Thursday morning, Li Changheng watched his 12 million security deposit suddenly become 9 million.

   Because the exchange rate fell suddenly, it returned to 12 million, and even made some money to 14 million, and then fell again, even at the lowest point, only 4.7 million US dollars were left.

   In the last half an hour, my mood was like a roller coaster.