After lunch, Chen Hui returned to the study again and found that the USD/JPY began to fall, soon falling below the 99.200 level and continuing to fall, 15 minutes later, the USD/JPY fell again by 5 points, reaching the 99.150 level, which is the key support level and is at the 5-day moving average of the daily chart. There is strong support here, and a lot of buying will appear here.

Chen Hui knew that the opportunity to open a position came again, and immediately Chen Hui began to buy, buying a long order of 10,000 lots of USD/JPY at a time, and USD/JPY was supported and began to fluctuate at the position of 99.150 to 99.200.

As long as USD/JPY is close to the 99.150 position, Chen Hui will immediately open a long order of 10,000 USD/JPY.

At 1 o'clock at noon, the European market opened, and at this moment the USD/JPY rose to 99.200, Chen Hui added 500,000 lots of USD/JPY long orders today, plus the 500,000 USD/JPY long orders last night, Chen Hui has increased a total of 1 million USD/JPY long positions in the past two days.

The average position is exactly at 99.200.

Now Chen Hui holds a total of 5 million long positions in USD/JPY, and a floating point is a profit and loss of 50 million US dollars, and Chen Hui's account net value is more than 5.4 billion US dollars at this moment.

After another 15 minutes, USD/JPY rose another 5 pips, reaching the 99.250 level, and Chen Hui finally began to make a profit, 5 pips, which is a profit of 250 million US dollars.

Chen Hui's account equity is $5.65 billion.

After another 15 minutes, USD/JPY rose another 5 pips, breaking through to the 99.300 level. Chen Hui's account net value broke through to 5.9 billion US dollars,

The rally continued unabated, and after another 10 minutes, when USD/JPY broke through the 99.350 level, it immediately met resistance. It began to oscillate at 99.350.

The net value of Chen's account fluctuates between $5.9 billion and $6.2 billion.

By 2:10 p.m., USD/JPY had risen another 5 pips and broken through to 99.400.

The net value of Chen Hui's account exceeded 6.4 billion US dollars.

At this time, Toei, the investment department of the Bank of Tokyo-Mitsubishi, Yamada looked decadent.

This morning, Yamada's team has increased its short position by 500,000 lots, pushing USD/JPY to today's lowest level of 99.150, but it is once again supported at 99.150 as yesterday. The Yamada team consumed 500,000 empty orders in vain. By being eaten up.

At this moment, Yamada's team was filled with an extremely uneasy mood.

"Yamada-kun, are we still going to short our positions?" asked one of the traders.

"Yamada-kun, we have a short position of 3.5 million contracts of USD/JPY at the moment!" said another trader

"Yamada-kun, we are losing nearly $3.9 billion in our account at the moment!" said another trader

'Shut up, add 500,000 lots again today!Short 50,000 lots for me now, and smash USD/JPY!' Yamada said loudly, his face gloomy.

At this moment, Yamada has begun to be a little irrational, lost his rationality, and began to become crazy.

"Yamada-kun, are you thinking about it? The situation on the market today is not very good for us!" a trader reminded Yamada sensibly

'Baga, didn't you hear me clearly!!I'm going to empty 50,000 hands, now!!!,' Yamada reprimanded loudly

Under Yamada's reprimand, the traders began to suppress USD/JPY.

After 15 minutes, USD/JPY began to retreat from 99.400 to 99.300, and then was supported again and began to oscillate in the 99.300-99.400 zone.

At this moment, the trading volume of USD/JPY is expanding, and every time USD/JPY breaks through to the 99.400 level, there is immediately a large number of selling orders to knock USD/JPY down. But it found support again in the 99.300 to 99.350 zone. Then, after a few minutes of slight oscillation, it rushed towards the 99.400 level again.

After about an hour, USD/JPY broke through again to the 99.400 level, then instantly rose by 5 points to the 99.450 level, and then began to oscillate again.

But this time, USD/JPY did not suppress it, but held firmly at 99.400.

Today, the bulls began to counterattack, advancing steadily step by step.

The Yamada team increased its position again and shorted 500,000 contracts of USD/JPY, but it still could not suppress USD/JPY, and USD/JPY has firmly stood at 99.400.

"Yamada-kun, we have increased our short position of 1 million lots of USD/JPY, and now we can't suppress it at all!" said one trader, who was completely shaken at the moment.

"Yamada-kun, it's very unfavorable for us right now! The bulls are advancing step by step, will we give up suppression?" said another trader, who completely gave up the idea of suppression, and the USD/JPY may skyrocket today.

'Yamada-kun, we currently hold a total of 4 million short positions in USD/JPY, and the average position of the 1 million lots added today is at 99.300!" reminded another trader

"Yamada-kun, we have a total loss of $3.9 billion at the moment!

"Baga! Shut up for me!Stop adding to your position today and continue to hold!" said Yamada with a gloomy face.

At this moment, Yamada has completely lost his mind and has begun to make a crazy desperate bet. Don't cry if you don't see the coffin!

When a person is irrational and crazy, it is unfortunate to encounter the goddess of bad luck again!

Fifteen minutes later, Dongying's third-quarter GDP slowed down significantly from the second quarter, which was less than expected.

In the third quarter of July-September this year, consumption slowed and exports retreated, resulting in a sharp decline in GDP at an annual rate of only 1.9%, well below the annual rate of 4.3% in the first quarter and 3.8% in the second quarter. Since 2012, the "sleeping pill three" economics has made the export sector and the Tokyo stock market flourish by suppressing the exchange rate and replenishing liquidity, but since July, the yen exchange rate has stopped falling, overseas market demand, especially emerging market demand, has also declined, and the Nikkei has almost the same trend as the dollar/yen, which has stopped with the exchange rate. Compared with exports and investment, the two slower and slower carriages, perhaps consumption is the only thing that the "sleeping pill three" prime minister can feel relieved about, because the consumption tax rate is expected to be raised from the current 5% to 8% in April next year, and there will be a consumption wave before the increase, so until the end of March next year, Dongyingben's personal consumption does not need to worry too much.

Overall, there has been a sharp slowdown in GDP, with the bad news being that the Q3 GDP report was lower than the Wall Street Journal's forecast: 1.7% y/y, below the 1.9% forecast, and a -0.5% y/y deflator, lower than the previous forecast of -0.3%, indicating that monetary conditions are also moving towards inflation. In terms of GDP, public fixed investment (IPI) was strong at 6.5% q/q, while private inventories and private consumption were flat at 0.4% and 0.1% q/q, respectively, while domestic and overseas demand were up and down at 0.9% and -0.5% q/q, respectively.

The essence of the economics of 'sleeping pill three' is actually to depreciate the yen, drive Dongying trade exports, and then cooperate with some fiscal stimulus, many times it is just a verbal thing, just like taking sleeping pills, to numb itself.

After this big news came out to be bearish for the yen, USD/JPY began to skyrocket, jumping 20 points from the 99.400 level and breaking through to the 99.600 level. Then it pulled back a few pips and oscillated.

At this moment, the bears of the market are swept away, divided into separate markets, or stop loss, or wait and see.

The bulls launched a general attack, and the bears' defense line collapsed almost at the touch of a button.

Five minutes later, it broke through the 99.600 position again. Continue to shake.

After another 10 minutes or so, USD/JPY rose another 10 pips and rushed to yesterday's maximum at 99.700.

A long long white candlestick appears on the USD/JPY 15-minute chart at this moment.

Marks the beginning of the slaughter of the bears today!