448. Dying Struggle!
At this moment, Watanabe's face was overjoyed when he saw that the USD/JPY had been supported, but after a few seconds, listening to the uneasy words of the traders, Watanabe's face suddenly sank again, and his face turned blue and white.
He hung his head and walked back and forth a few steps, hesitating, confused, still unable to make a decision!
The cold sweat on his back was pouring out, and the clothes inside were soaked.
"Watanabe, our USD/JPY is about to fall again, and now at this position, more and more bears are coming!!" another trader shouted nervously as he watched the 5-minute candlestick of USD/JPY turn into a negative candle again.
Just now they bought hundreds of thousands of lots into it, but it only supported USD/JPY for less than ten minutes!
"Watanabe hurry up and make a decision! Now is the most critical moment! Do we continue to increase our positions?" said another trader, nervous.
This time the regulation is to open a long position of 5 million lots, but at the moment they have reached the limit, unless they break this regulation and continue to increase the position, but then the risk is undoubtedly greater. But if they do not continue to increase their positions, then once USD/JPY falls below the 106.000 level, it will begin to collapse, and if they want to close their positions with these 5 million lots of USD/JPY, there will be no bulls to take them, which will accelerate the collapse of USD/JPY.
"Watanabe, let's make a decision as soon as possible! Time is running out for us now!" said another trader worriedly
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At this time, Watanabe finally made a decision, he couldn't help but clench his fists fiercely, and said with a distorted expression: "Everyone increase their positions as much as possible!!Pull USD/JPY back!!"
"We fought !!!!back!"
"It's better to die late than early!"
Watanabe shouted frantically, he can't control so much at the moment, if he doesn't resist, there is only a dead end, a crazy counterattack, and there may be a glimmer of hope for life.
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"Okay!!Fight back!"
"!!"
"We fought back fiercely, maybe we hope to turn defeat into victory!"
"Counterattack!!"
Traders are starting to open large positions, frantically sweeping in the area around 106.000! USD/JPY is frantically oscillatingยทยทยทยทยท
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At this time, on the other side of the ocean, Citibank headquarters, Jimmy was also frantically ordering his subordinates to close their positions and close their long-term long positions...
He was out of his office at the moment, yelling frantically in the trading room, while his assistant waited cautiously
"Hurry up and close my position!"
"FUCK!
"You idiot, do you know what you look like right now? like a turtle, a stupid turtle! do it for me quickly!" Jimmy scolded at a placer.
"BOSS, I'M ALREADY FAST!"
"BOSS, USD/JPY is collapsing!"
The traders are frantically closing positionsยทยทยทยทยทยทยท
However, USD/JPY did not collapse for a long time, and finally began to recover
"Can it still rise under a strong selling attack?"
Jimmy was surprised to see that the USD/JPY was supported again, and began to rise, and immediately felt relieved, and immediately said to everyone: "Idiots, stop closing the position for the time being, and then wait a while!"
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"Yes, Boss!"
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At this moment, Merrill Lynch, Peter also began to frantically short USD/JPY, this time he used the account operation granted to him by Merrill Lynch, his private account had already shorted 100,000 USD/JPY positions at a high place, and now he has made a floating profit of dozens of points, with a profit of tens of millions of dollars.
He is also very relieved that his private account is a sure win!
He now began to use Merrill Lynch's trading account to smash the market, but he soon found out that the USD/JPY was actually in the dying struggle, and it could still fight back, a flash of surprise flashed on his face, his hand stopped in mid-air, and he did not continue to short!
"Let's wait a while! Wait for USD/JPY to rush up somewhat, and then I'll smash the market at a high level! I want to see if those dead bulls can turn the sky up! And that guy is probably also waiting for an opportunity to smash the market at a high price, I must get ahead of him!!"
Immediately Peter stopped moving, and his eyes were like a wolf, staring at the plate, ready to strike at any moment.
He is a trader in charge of the foreign exchange market within Merrill Lynch, and what he does best is to strike quickly and get out of the market quickly.
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At this moment, Goldman Sachs Bank, Jesse said to everyone: "Hey, my guys, stop closing positions for the time being, wait a while, the market has now changed a new way, we are now letting the bears in the market kill the falls, consume a wave first, and then we continue to close positions at a high level!"
Jesse looked at the account with a million long-term long positions still unclosed, nervous and looking forward to closing these long positions at the highest possible position.
They currently have $4 billion in profits floating in their accounts. Previously, they held long positions of more than 2 million contracts on USD/JPY, with an average opening point around the 102.000 level. For some time, they have been looking for opportunities at high levels to slowly close their positions, and have closed their long positions on USD/JPY by 1 million lots, leaving $5 billion in their pockets.
"Yes, head!" the crowd stopped closing the position.
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At this moment, the Dongying government pension investment fund, Yamamoto looked at the trend of USD/JPY, and suddenly stopped closing the position, at this moment he still holds a total of 1.5 million long positions in USD/JPY, with an average opening point of 103.000 positions, and the account is still floating with a profit of 4.5 billion US dollars, and he has not closed many positions recently, but closed 500,000 long positions, and has put $1.5 billion in his pocket!
"I can wait for the USD/JPY to rise to a high level and close the position! Now those big banks are on the verge of fighting back after taking over at a high level, I don't know how much money they have been trapped in it?" Yamamoto paused, and then said to himself: "That guy must have taken advantage of this opportunity recently to establish a huge short position! I really don't want to watch the USD/JPY collapse like this!"
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In the study room of the Hong Kong Mid-Levels Villa, Chen Hui watched the USD/JPY being supported again, and then began to rise again, and his face suddenly sank!