One week later, Feng Yu estimated that SGD had fallen by about the same amount. SGD is not Thai Baht, and it will not fall so badly. Feng Yu decisively settled his Ringgit and made more than 200 million.
This time, Soros did not react in time, and his profits are lower than Feng Yu again. Of course, this small amount of profits does not affect Feng Yu.
When Feng Yu settled his Ringgit, he noticed Soros had also settled his Ringgit. Soros knows the exact timing of Feng Yu's settlement, and Feng Yu is sure that Soros's men are in his team of brokers.
Feng Yu also instructed He Zhaoji to keep an eye on those brokers from New York. One of them must have tipped off Soros.
He Zhaoji knew about this and was furious!
Feng Yu had treated everyone so well, and he is the one making the decisions. The funds are all from Feng Yu, and the commissions and bonuses are high.
How can someone betray Feng Yu?!
If He Zhaoji knew who betrayed Feng Yu and tipped off Soros, he will not let them off easily.
Philippine Peso's fall had reached Feng Yu's expectations, and this time, Soros had settled his Ringgit first.
Feng Yu raised his brows. Soros's profits had not reached its peak, and he had settled his Ringgit. Which market is he going to enter? Is it Indonesian Rupiah or another country?
Very soon, Feng Yu knew the answer. Soros had started to attack Taiwan.
Huh? Soros did not contact Feng Yu and went to attack Taiwan himself? This is not normal.
The more funds you have, the easier it is to suppress them. Furthermore, Feng Yu can just follow Soros's lead.
Feng Yu rubbed his chin and thought carefully. What's wrong?
Wait. Taiwan's foreign exchange system is not so easy to suppress. After all, Taiwan has a lot of foreign reserves and gold. Their prices might fall, but it should be about the same as Singapore's. If Taiwan is ruthless, they can ensure that SGD will not fall.
If Feng Yu followed Soros's lead, he will be stuck in the Taiwan market, and Soros will be able to reap the profits from Indonesia and other markets.
Damn! This is a trap!
Soros was an old fox. Every step he took could be a trap. Actually, Feng Yu did not intend to make a move in the Taiwan market. Although Soros wants to suppress Taiwan's economy, the profits are too little, and there is a high risk of failure. Why take risks and make less money when you can easily make more money?
Feng Yu's original plan was to let Soros suppress Taiwan, and then he will ignore him or pretend to please Soros to attack Hong Kong. This way, he can give Soros a head-on blow in the Hong Kong market!
Since Soros had thrown out the bait, then Feng Yu would take it.
"Old He, short a 5 billion USD order. Use 5 times leverage." Feng Yu made the decision.
"Boss, TWD is the same as Xin New Dollar. Also, Taiwan has a lot of foreign reserves. Although it was hit this time, it will not be easy to suppress it. Once Taiwan adjusts its strategy, we might suffer losses. "He Zhaoji said worriedly.
Furthermore, with five times leverage, they would need to invest one billion USD for a five billion USD deal. If they invest this amount into Indonesia Rupiah, they will make more profits.
Five times leverage was also the lowest leverage that the boss had made during this period of time. Why did the boss suddenly become so conservative?
"I know. I am looking forward to Taiwan adjusting their strategy." Feng Yu smiled. "Don't forget, Quantum Fund is the one who made the first move. Even if they suffer losses, they will suffer more than us."
He Zhaoji realized that this is another trap!
The last time, Feng Yu had set a trap for Soros in the SGD market. Feng Yu had used up a lot of Soros's funds, and Feng Yu's profits are higher than Soros's. This time, Feng Yu is going to use the same trick again.
He Zhaoji immediately arranged his men to carry out the plan. But this time, Feng Yu fell for it. Soros did not continue to short TWD and invested all his funds into Indonesia Rupiah.
He Zhaoji looked at Feng Yu's gloomy face in his office and did not know what to say.
Not only TWD did not fall, but it rose slightly. Luckily, it is five times leverage. If it is 15 times leverage, all their positions will be liquidated!
Feng Yu did not expect Soros to be so cunning. This time, he was tricked by Soros.
"Old He, let's settle that TWD contract."
"Boss, if we settle it now, we will suffer some losses. Actually, it is not normal for TWD to rise, and it will not increase by a lot. We will not close our positions. "
He Zhaoji wants Feng Yu to wait. The Taiwanese Government must be doing this on purpose to stop them from shorting TWD. Also, they are using five times leverage, and TWD will not rise by more than 20%. There is no need to worry about their positions being liquidated.
"It's fine. It's fine if we make some losses, and we will earn it back from other markets. Now, withdraw all our funds and continue to invest in Indonesia Rupiah. We will recover our losses very quickly. "
Since they can make money in the short term, why must they invest in the long term? Although Feng Yu felt what He Zhaoji said is right. TWD will return to normal and might even fall, and he is not worried about his positions being liquidated.
But if they invest in Indonesia Rupiah, they can make money faster. Furthermore, Feng Yu does not believe that Soros will give up attacking TWD. When TWD rises, he can start to short TWD again and recover his losses. He can even use higher leverage to make more profits.
This time, Feng Yu knew he must not underestimate Soros. Although Feng Yu thinks he knows how Soros operates, he does not know Soros as a person.
People, on the other hand, were the biggest variable in investment and could not be analyzed by simple data analysis.
… …
"Brother Feng, we had settled our Pesos and Ringgit, and we had made some profits, right?" Fu Guangzheng asked with a smile.
"Of course. I promise you will be satisfied. We will also settle our Indonesia Rupiah in another two days, and then we will continue. "
"Huh? This time, we are not done yet? " Fu Guangzheng thought after Feng Yu settled the Pesos and Ringgit, he will settle the Indonesian Rupiah, and their investment will be over. "Which country are we going to attack? South Korea?"
"We will surely attack South Korea, but it might take at least one month. I will continue to invest in Thai Baht."
"You are still going to invest in Thai Baht? Thai Baht had fallen so much, but it is slowly recovering!"
"That's right. It is because we did not continue to suppress Thai Baht. If we continue to suppress Thai Baht, it will continue to fall. If we continue to suppress Thai Baht, it will continue to fall.
Feng Yu's plan is to make another round in these few countries' Forex markets to reap more profits. Now, these Southeast Asian countries' currencies are all falling, and if Feng Yu uses Soros's name, many people will follow him. It will be easy for him to suppress Thai Baht again.
This is like harvesting chives. Once the chives grow, you will harvest them again!
… …
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