China's 2nd largest real estate developer just defaulted. Debt crossed $600B USD
Note: Lehman was liquidated for $600B, also owned by many international banks
Trade: long USD demand for dollars and CCP may devalue its currency to bail out Evergrande.
Note: Lehman was liquidated for $600B, also owned by many international banks
Trade: long USD demand for dollars and CCP may devalue its currency to bail out Evergrande.
Comment:
Previous order did not trigger. Waiting for the small correction to tire out
Trade active:
Entered with SL at 6.40
Trade closed: stop reached