87.The American Plate of Fighting (1)
On Monday, before it was time to go to work this morning, Yamada and a few traders got up early to come to the headquarters of the investment department, and suddenly there was a lot of news about the bullish dollar on the weekend, and Yamada had a bad feeling all weekend. Eat badly, absent-minded.
Last Friday night, Yamada they were at the 97.300 line, and then suppressed the USD/JPY, smashing the market, but the effect was not great, and the USD/JPY has been holding above 97.220.
Yamada felt that he was being targeted, and over the weekend there was so much news about the dollar, and many investors would blindly follow the trend, causing USD/JPY to rise, and the form began to work against them.
If he is one-on-one, he is not afraid of some Yankees' investment banks, but these Yankees are too despicable and disgusting this time.
I didn't expect to have been scanning my own goods, and the news that so many bullish dollars were released over the weekend came out, and this morning on Monday morning jumped directly by 30 points, which completely affected the investment sentiment in the market.
More and more investors in the global market will join the camp of the bulls, and the form is starting to be very unfavorable for them, although Yamada still has hundreds of millions of dollars in profits, but this is only a temporary paper profit, once they all close their positions, it is to make USD/JPY skyrocket, and there are no shorts to take their orders. That would undoubtedly make a pitiful profit, and he was not reconciled.
Yamada walked back and forth for an hour........ and finally said to several traders in Shensheng: "Now that USD/JPY is in a state of correction and has begun to fall, it means that there are still a lot of bears." “
"We started to continue to suppress USD/JPY in Europe and the Americas, trying to smash it back to the 97.000 level,"
"Yes, Yamada-kun," said several traders.
There are also many financial institutions in the world at the moment, and funds are like Yamada.
Some investors are bearish and some are bullish.
Chen Hui is a slippery head, neither long nor bearish!
But this time, Chen Hui will definitely go long, because the expected effect of the Fed's end of monetary easing will become stronger and stronger. The U.S. dollar rose against all the world's currencies in November and December.
At 12 noon, the USD/JPY rose again, and the rise was very fast, very fierce, reaching above 97.650, and Chen Hui's account equity returned to more than 70 million US dollars again.
Chen Hui looked at the net worth of 70 million US dollars, and went to lunch satisfied, Zhou Xuefen's dishes were very delicious at noon, so that Chen Hui couldn't help but eat with a swollen stomach.
But in Tokyo, at the headquarters of Bank of Mitsubishi, Yamada and a few traders, they couldn't even eat lunch at noon, for fear of going to lunch, and the USD/JPY continued to rush upward, and then more investors joined the bulls today, so their situation was even worse.
When it came to the European session, the USD/JPY began to fluctuate, pulling back to the 97.550 line, which has been fluctuating in a range of more than 10 points, the trading volume is not large, and the entire European market is almost calm.
Chen's account equity fluctuates between $65 million and $70 million.
After Chen Hui and Zhou Xuefen had a sumptuous dinner in the evening, Chen Hui returned to the study again to watch the trend of USD/JPY tonight.......
Yamada and a few traders are eating and trading, and the computer table is full of lunch boxes....
"Yamada-kun, today's European plate has been suppressed by us,"
"There are not a lot of bulls in the market right now, and we can continue to play it in the evening. “
"Yamada-kun, I feel like some Yankee investment banks are already eyeing us. Shall we close some of our positions first?"
Several traders said
"Continue the crackdown tonight, bring USD/JPY back to 97.000 again, and don't question me!" Yamada said in a deep voice to the trader who questioned him.
.............. Citibank headquarters at this moment, Jimmy said to his assistant: "Tell them to hold the 97.400 line tonight, and try to attract more wait-and-see people in the market to join our long side." “
At the headquarters of Bridgewater Fund, Dario said to his assistant: "Tonight, let's wait and see, at midnight it will start above the 97.300 position, and we will start to sweep the goods in an all-round way, and tomorrow it will fall, we will continue to sweep the goods, try to attract shorts to enter the market, and we will all eat their orders." The Fed will definitely end monetary easing in December, and this time, we will build all the floors below 97.600"
At 8 p.m., USD/JPY began to fluctuate on a small scale, and the trading volume gradually increased. But after falling by 10 points, Chen Hui immediately lost $5 million in profits, and his net worth became $6,000 million.
But at half past 8 o'clock, when the U.S. economic data came out, which was good for the dollar, the USD/JPY immediately appeared a 15-minute long white candle, and within 4 minutes, it rushed all the way up, up 25 points, almost breaking through to 97.700, and Chen Hui's account net value also began to soar to nearly 75 million US dollars.
But it didn't take long for USD/JPY to start being suppressed, and from the 97.700 position, in 3 minutes, it instantly fell by 10 points, falling to around the 97.600 position, and Chen Hui's net worth decreased by 5 million US dollars again. The account equity is hovering around $70 million.
Soon after two minutes, USD/JPY rushed up again, but only 5 points higher, reaching 97.650, and then it was knocked down again, and in 2 minutes it returned to the same position at 97.600.
The rally is fierce, the decline is also fierce, and this 15-minute K-line chart has a big tail upward.
At the moment, the trading volume is very large, and orders of thousands and tens of thousands of hands are constantly emerging in the market. There are both bulls and bears.
After 3 minutes, USD/JPY rose again and returned to around 97.700 again. Then it began to stop, at the 97.690 level, the bulls had already shown a decline, and after another 8 minutes, the dollar was still hovering around 97.700, and there were many short orders above, as much as they wanted. The bulls don't look like they're going to be able to support it.
At this time, at the headquarters of Mitsubishi in Tokyo, Yamada saw the opportunity and said loudly: "Give me 50,000 short hands, now!
Several traders immediately threw out a short list of 50,000 hands of USD/JPY, and sure enough, 50,000 hands, they ate the long list of USD/JPY in the market, and USD/JPY began to plummet.
Yamada's 5-hand short order is very timely, many bulls in the market began to disperse, USD/JPY began to decline all the way, and Chen Hui's net worth also shrank all the way, but Chen Hui was not worried at all, Chen Hui knew that if it didn't rise tonight, it would rise the night after tomorrow, anyway, his bottom position was at 97.020, which was very safe.
USD/JPY plunged 30 pips from a high of 97.700, as Yamada's 50,000-lot short order, together with hundreds of thousands of other short orders in the market, pushed USD/JPY down 30 pips in 4 minutes. Almost crushed the bulls. A large black line appeared, dragging a long tail.