Jesse understands perfectly well that it is impossible for USD/JPY to rush above 107.000. They currently hold long positions of $1.5 million/JPY, which were opened in batches, with an average opening point at 102.000, a total of more than 400 points of profit, and now they are floating more than $6 billion.

Recently, they have only closed 500,000 short positions, but at this moment Jesse feels a palpitation, because USD/JPY has reached a big peak, and the bull market in the second half of 2013 has completely ended, and there may be a big pullback, causing USD/JPY to plummet.

He deeply felt the current situation of the entire market, and the number of long positions in the market is also slowly decreasing, indicating that a large number of long-term longs, like them, choose to close their positions slowly.

Thinking of this time, Jesse couldn't help but think: "I wonder if there is a big guy who took profits early and closed his position, and then shorted USD/JPY on the backhand?"

"Hiss!!Is it this big guy who made the forbidden area near 107.000, it's really ruthless! Actually at the top of 107.000, eat so much goods! Once we close our positions on a large scale, USD/JPY may collapse, and now there may not be so many bulls in the market to support USD/JPY!"

The more Jesse thinks about it, the more he feels the urgency, and although USD/JPY is around 106.000 these days, there is a strong support in the future, but Jesse feels that it is already at the end of its strength and could collapse at any time.

At this moment, Yamamoto of Dongying Pension Investment Fund is looking intently at the trend chart of USD/JPY, with joy on his face, he has closed a lot of long positions in recent days, a total of 500,000 hands, and hundreds of millions of dollars of profits have been pocketed!

Now he still holds a long position of 2 million contracts on USD/JPY, and at the moment he is still floating in profit of $6 billion.

The average position of these two million lots is 103.000 and a total of 300 pips are earned.

"Recently, the big banks in Dongying should be long USD/JPY, thank them so much, otherwise I wouldn't be able to sell so many goods so easily!"

Yamamoto deliberately asked people to release the gossip to know to the big banks in Dongying, just to see if these guys have come out to take over in a high position, but I didn't expect it to really come!

"This time, the USD/JPY has completely peaked, and I have closed all my positions in the past few days, so let's run away early while it is still at a high level!"

···· At this moment, in the trading department of Citibank headquarters, Jimmy said to his assistant: "Don't close the position yet, we will close the position later, I will rest for a while!"

With that, Jimmy brought a pillow, put it on his boss chair, and began to sleep.

He hasn't had much rest these days, and he has just returned from out of town.

"Yes, BOSS!" the assistant respectfully withdrew.

········

At this moment, in an ordinary trading room in a building somewhere in Toei Tokyo, more than a dozen traders gathered here, and under the supervision of Watanabe, they began to buy USD/JPY continuously.

Watanabe walked back and forth in the trading room, and in recent days they have opened a long position of 1.5 million contracts on USD/JPY, but USD/JPY has still not been able to break through the 107.000 level.

Watanabe couldn't help but feel very depressed, and said loudly in annoyance: "Guys, are we going to do a big job today! Pull USD/JPY up to 107.000 again, and let those long-term bears blow up all their positions when the time comes!"

Most of the traders ignored Watanabe and looked at the board in silence, without the slightest appearance of Watanabe, only a few of the traders turned their heads and shook their heads at Watanabe, looking at Watanabe in confusion.

"Watanabe, now around 107.000, is a no-go zone, we always buy USD/JPY at a very critical position to make it rise, but every time we touch the 107.000 level, our orders are swept away. Then USD/JPY turned around and went down, and many times our efforts were in vain!" a trader reminded Watanabe, frowning from time to time.

Recently, they have indeed tried very hard, but they still do not let USD/JPY break through the 107.000 level, and they will not be able to buy at a high level, and when the time comes, these short-term bulls in the market will flock to close their positions below the 107.000 level, causing USD/JPY to fall, preventing them from continuing to pull USD/JPY higher.

"Watanabe, you're too narrow, even if we can pull above the 107.000 level, then we will face a lot of ultra-short-term bulls backhanded, or some bears start to enter the market, suppressing USD/JPY, the closer we get to the 107.000 level, the more more sellers will come in!

"Watanabe, are you sure you want to do this? At that time, we may encounter very strong selling orders, we are equivalent to all chasing at a high level, our purpose is not to use our funds to quickly pull up USD/JPY, the faster it pulls up, the faster it falls, I have pulled it up a few times recently, and it quickly pulls up USD/JPY, but USD/JPY quickly falls back to its original position!" said Watanabe, another trading reminder, his brow furrowed.

"Watanabe, we should slowly consume the funds of those long-term shorts, let them use up their funds, we are advancing step by step, and then let them stop the loss, or blow up the position! Another trader reminded Watanabe, shook his head, and continued to stare at the market.

"Watanabe, I can't eat hot tofu in a hurry, a bowl of hot soup, do you dare to drink it in one gulp? We have to take our time, drink slowly, and enjoy the taste!" said another trader with a disdainful smile at Watanabe.

"Watanabe, you have to make it clear, you are only responsible for supervising us, not commanding us!"

As soon as the trader's words came out, all the traders turned their heads to look at Watanabe, and their eyes were mocking, disdainful, contemptuous, contemptful, and indifferent!

This Watanabe, who always likes to interfere with their operations and affect their mood, at this moment they all feel that they have met a big guy in the market, and they are always against them, and they are defeated several times.

Their whole team has been frustrated one after another, and they are on fire, and they have nowhere to vent!

Yasuda Jiro stretched his arms, turned his head, and looked at Watanabe meaningfully, looking at this Watanabe like looking at a fool.