My absurd experiences in North America over the years

Li Fu was awakened by the sunlight.

Last night, the curtains weren't fully drawn, and a beam of golden light squeezed in through the gap, cutting right across his eyes.

He squinted and lingered on the pillow for a while, then reached out and touched the side where Lucy was gone. He turned over, facing the window, where the sunlight made his eyelids look warm red.

There was a note on the bedside table, written in Lucy's handwriting, a little crooked: "Breakfast is in the restaurant downstairs. I'm going to a meeting at the city hall now."

The sunlight outside the window was lovely, and the oak tree swayed gently in the morning breeze, its tender green leaves almost translucent in the light.

Someone is pruning the branches in the manor's garden.

Li Fu got up and went into the bathroom to wash up.

It seems that none of the Forrest family's owners are at the manor anymore.

There were servants downstairs attending to Li Fu.

This made him feel a little uncomfortable, so he quickly finished his breakfast and left.

Thomas arranged for a driver to take him back.

After this family dinner, there were far fewer obstacles between him and Lucy.

Unfortunately, they all started to get busy with their careers.

Looking back now, that time in Los Angeles was undoubtedly the best.

At that time, they had no responsibilities and plenty of time to squander.

It didn't affect their time together at all.

Summer comes quickly in Nashville.

In the last week of June, the temperature suddenly soared to 35 degrees Celsius, and there were far fewer pedestrians on the street. Even the homeless had to find shady places to hide.

The curtains in Li Fu's office were completely drawn, and the blinds were adjusted to their smallest angle, blocking out the midday sun.

The foreign exchange market did not stop moving after he closed his positions. The euro fell back to around 1.54 against the dollar at the end of May, but rebounded all the way up in mid-June in anticipation of a rate hike by the European Central Bank, and climbed back above 1.58.

On the office computer screen, the candlestick chart resembled a golden snake raising its head and flicking its tongue, constantly setting new highs.

Li Fuhe and his subordinates at the investment company are busy again.

If he remembers correctly, the euro will surge above 1.6 against the dollar again, and then quickly form a double top.

In other words, a price of just over 1.6 is a historical high.

However, he doesn't remember the exact time.

Therefore, we need to monitor the market now.

$50 million was refunded into the foreign exchange account.

JPMorgan Chase offered him rebates as a way of rewarding long-term clients like him, or perhaps to win him over.

On average, one lot (a trading unit for forex margin) can yield a return of six US dollars.

This discount is quite substantial.

The margin required for one transaction is approximately less than $400.

Five percent of fifty million is two million five hundred thousand, which means his position will be at least 6250 lots.

Without considering adding or reducing positions, as long as a transaction is made, $37500 will be returned.

If we also consider the possibility of adding or reducing positions, this amount of money would be considerable for anyone.

Normally, only senior agent-level clients can enjoy such high rebates.

Of course, as a forex platform, JPMorgan Chase has already made a fortune regardless of whether its clients make or lose money.

For example, if Li Fu places an order for 6250 lots of EUR/USD at once, JPMorgan Chase could earn approximately $112500 in spread.

If it were another currency, you could earn even more.

Li Fu's scale is comparable to that of an agent, even though it's not one.

However, he is no longer at the stage where he cares about such "small amounts of money".

The EUR/USD exchange rate has no room to rise above 1.60; once it starts to fall, it's no different from printing money.

Because this time he's going to use the boldest move ever, one that even a financial tycoon like Soros wouldn't dare to make.

Use 80% of your position at once!

Leave yourself only a very small margin of error.

In this situation, even natural fluctuations could cause him to lose all his money, and the $50 million would vanish under high leverage.

To outsiders, this was undoubtedly a high-stakes gamble.

However, for Li Fu, this was an investment that was sure to succeed.

Because he knows where the top is.

On July 15, Nashville experienced a torrential downpour.

Raindrops pounded against the office window, making a pattering sound, like someone was hitting the glass with a slingshot.

Li Fu stood by the window, holding a glass of water, watching the rain stream down the glass, blurring the horizon into a watercolor painting.

The computer screen lit up briefly, displaying a financial news notification: "Euro breaks through 1.60 against the US dollar, hitting a record high of 1.6038."

His heart remained completely unmoved.

He had known this day would come, but he didn't know the exact number or the exact day it would arrive.

This is also the main reason why he only dares to use 80% of his position instead of going all in.

Both of these recent surges to new highs were driven by a combination of expectations of interest rate hikes in the Eurozone and a persistently weak US dollar.

This also signals the end of the two-year bull market on this day.

The rain outside the window was getting heavier and heavier.

The staff below had already completed all the position transactions according to his prior plan.

Now we just need to wait for it to continue falling.

The employees in the public office were not as calm as he was.

Almost everyone held their breath.

Because every fluctuation results in a value of one million eight hundred thousand US dollars.

They were all terrified, fearing that their accounts would be wiped out in an instant.

In fact, they were completely overthinking it.

The euro quickly surged and then retreated, with an extremely long upper shadow appearing on the daily chart, indicating a high probability of forming an M-shaped double top at the daily chart level.

There's only one reason why I didn't say it was absolute.

That is, an unexpected event that is beyond our control.

For example, a financial giant might target him.

No matter how large the foreign exchange market is, it is still a capital market. Apart from the major Eastern powers, there is no country whose exchange rate Wall Street cannot manipulate.

Even for a major Eastern power, the financial war in 2015 was extremely difficult for a period of time, and the liquidity of the US dollar in the world financial market is currently unshakable.

If it weren't for this concern, Li Fuyong would have used not fifty million, but five hundred million.

Fortunately, the purpose of capital is to make money, and it has not offended any big capital players, so the market continues to operate according to its own rules.

Over the next few days, the European and American markets began to gradually decline.

The double top has been formally formed.

The candlestick chart shows that the mainstream trend of international capital is consistent with his.

The other end of the capital market, US stocks, is even more exciting than foreign exchange.

Affected by the subprime mortgage crisis, the stock prices of many banking giants and financial institutions began to plummet.

In August, Lehman Brothers' stock price plummeted to below $10, Merrill Lynch's CDO division recorded over $5 billion in asset impairment losses in a single quarter, and AIG's credit default swap contracts began to incur massive losses...

Panic began to spread across the United States like a plague.

The financial tsunami has already begun to show signs.

The moment that Li Fu and others had been waiting for was finally approaching.

He and his team have developed a detailed plan to buy up quality assets at rock-bottom prices.