137. Earn money while lying down, make money while playing, and pretend to be forced to make money
Shortly after the opening of the American session, the originally volatile market began to riot, and 15 minutes later, USD/JPY soared by 20 points again, breaking through the 100.000 level from the 99.800 position, and a long long white candle appeared, without a tail.
Chen Hui was talking to his mother on the phone in the garden of the villa, ignoring how the US dollar / yen would rise in the future, just knowing that it would keep rising, how to rise in the whole process, Chen Hui didn't care, there was no need to increase the position, to take risks. Now that the moving average of the USD/JPY daily chart has formed a perfect bullish alignment, it has started a big rally, and Chen Hui's average position is far from the risk zone early.
Chen Hui knew that the final result was to make a lot of money on his own.
I can finally free up time to do something else, build my own private power or something.
Recently, I have been staying in this villa in order to make money, and I haven't gone out to pretend to be forced for many days.
The future is to make money lying down every day, making money while playing, pretending to be forced to make money, and a woman can still make money when she sleeps!
At this moment, Chen Hui has been talking to his family on the phone, and he didn't know that the US dollar / yen had skyrocketed again just now, up 20 points, and he had a profit of 1 billion US dollars. The account equity soared from $8.4 billion to $9.4 billion.
Toei, the investment department of the Bank of Tokyo, in the trading room, Yamada and his subordinates were shocked again, looking at the USD/JPY chart with dull eyes, and the long white candlestick made them not come back to their senses.
After a while, USD/JPY again oscillated, but again held the level of 100.000.
A very young trader stammered: 'Mountain. Mountain... Yamada-kun, we've lost $6.3 billion in our account now!"
Seeing the loss of more than $6 billion floating in his account, he was terrified. I was extremely uneasy in my heart, although I had just been beaten with chicken blood to stimulate my self-confidence. But a long white candlestick broke his confidence and began to shake his faith.
"Yamada-kun, just now the USD/JPY has skyrocketed by 20 points and broken through the 100.000 position, and is moving towards our pending order disposal!" said another trader, who seemed more indifferent, thinking that it must have been caused by a large short stop loss just now. At 100.200, there will be strong resistance.
"Yamada-kun, shall we cancel the order first?" said a trader who stared closely at the market, and at the moment he was deeply afraid that when the USD/JPY broke through to the 100.200 level, there would be another large-scale short liquidation, so that the USD/JPY would continue to jump. Their 200,000 lots may be hedged against these short orders.
"Yamada-kun, wait for half past eight in the evening, and the U.S. economic data will be released. Another trader reminded that he was worried that the release of US economic data would be a big positive for the dollar, which would be bad.
"Let's remove the 200,000 empty orders first, and then replace them with 50,000 orders!" Yamada said after pondering for a while.
Yamada also felt that his subordinates were very reasonable, first use the pending order 50,000 hands short order to try how to the market first! Yamada is also a little worried, when the USD/JPY breaks through to the 100.200 position, if there is a large-scale short position again, then the USD/JPY will continue to jump. Their 200,000 short orders will hedge against these short orders, and maybe they are hitting the muzzle of the cannon.
"Yes! “
After more than 5 minutes again, USD/JPY continued to rise, breaking through the 100.100 level and advancing towards the 100.200 level, and the people in the Yamada team became more and more nervous.
USD/JPY, after breaking through to the 100.150 level, began to pull back and stopped rising, and Yamada's team breathed a sigh of relief.
At the moment, USD/JPY is oscillating at high speed from 100.100 to 100.150.
In the midst of the tension in the entire trading room, USD/JPY once again broke through the 100.150 level and continued to rush towards the 100.200 level. 、
At 8:29 a.m., it finally broke through to the 100.200 level, and the 50,000 lots of USD/JPY placed by the Yamada team were automatically filled.
The US dollar / yen has appeared in a row with the long white line, at this moment is two consecutive 15-minute long white line, so that the Yamada team is extremely nervous, for fear that by half past 8, the dollar / yen because of the US economic data is good for the dollar, jumped again,
At this moment, Yamada's team was filled with nervousness, worry, uneasiness, and fear..... and these atmospheres permeated the entire trading room.
Yamada did not sit in the boss's chair again, but stood up straight, staring at the market trend of USD/JPY, for fear of missing something!
The minute passed slowly, and the trading room was eerily quiet, with everyone waiting for the US economic data.
By 8:30 a.m., the Philadelphia Fed manufacturing index for October was released, which was very poor and far less than expected.
The Philadelphia Fed Manufacturing Index is one of the regional manufacturing indices released earlier every month, which reflects the manufacturing activity in the central Atlantic Coast region of the United States and can be used to predict the state of the manufacturing industry in the United States, so it has received widespread attention from the market. A reading above zero indicates that the region's manufacturing sector is in a state of expansion, while an index below zero indicates a contraction in manufacturing activity in the region. The sub-indicators include the new orders index, the shipping index, and the employment index. In terms of inflation, the price payment index, the price acquisition index.
This economic data is greatly bearish for the dollar, but the dollar/yen is almost immobile, and there is no sign of falling at all!
The Yamada team was immediately extremely disappointed, looked depressed, and had a big question mark in their minds! Why did the news of the big bearish dollar appear, and the dollar \/yen showed no sign of falling at all, so it had to fall a few points!
After another 15 minutes, another economic data from the United States came out, which was still bearish for the dollar!
U.S. core PCE price index for October YoY
Expected 1.5% Previous 1.4%
The 1.4******CE is the abbreviation of the Personal Consumption Expenditures Deflator (CTPIPCE), which was first introduced by the Bureau of Economic Analysis of the U.S. Department of Commerce and adopted by the Federal Open Market Committee (FOMC), the Federal Reserve's policymaking body, as a major measure of inflation in 2002. In January 2012, the Fed set a 2% annual increase in core PCE as its long-term inflation target, announcing that the Fed also has a clear inflation target. If the core PCE rises by more than 2% y/y, the Fed will tighten monetary policy, which is positive for the dollar.
Suffice it to say, the US core PCE price index is the Federal Reserve's inflation gauge
At this time, USD/JPY began to riot, and in less than 5 minutes, it fell below the 100.100 level, and then continued to fall, falling by a total of 15 points, the decline was very strong, and then it received a small support at the 100.000 level.
After another 10 minutes, USD/JPY fell below the 100.000 level and continued to fall, falling by another 15 points in total, and the 15-minute chart of USD/JPY suddenly appeared a long big insidious, still bare-ass....
In these 15 minutes, USD/JPY fell by 30 pips, from 100.200 to 99.900.