61. Kill more at night
Chen Hui was lying on the bed at the moment, took out his mobile phone, looked at the USD/JPY chart boringly, and began to rise a little, but the rise was very weak, it rose by 100 points yesterday, it was too fierce, and it couldn't rise for a long time today. Chen Hui knows that it may have risen to the highest point of the month yesterday, after all, the real start of the rally market began in November.
Today is only October 17th, there is still half a month to go, at this moment the USD/JPY market trend is at 98.825 here, not breaking through yesterday's highest position, still rising and falling, anyway, the momentum is insufficient.
Chen Hui thought that maybe it was a good opportunity to short, and immediately Chen Hui chosen, pending order trading, put in the area of yesterday's highest point of 99.000, and carried out pending order trading, Chen Hui was in this area, directly hung 5000 hands of US dollars/ The short order of the yen is divided into 5 times, one is a 1000 hand short order, the pending order position is 99.000 1000 hand short order, 99.010 is 1000 hand short order, 99.020 is still a 1,000 hand short order, 99.030 1000 hand short order, 99.040 1000 hand short order.
An hour later, when USD/JPY suddenly rose and rushed to the level of 99.000, Chen Hui's first short order of 1,000 lots was traded.......
Although shortly after, the USD/JPY market began to fall, oscillating back and forth, at the 98.875 level......
After another two hours, USD/JPY began to rise above the 99.000 position, but in a minute, Chen Hui's pending order transaction was another 2,000 hands of USD/JPY short orders, looking at the rally a little fierce, Chen Hui canceled all the remaining pending USD/JPY short orders, and at this moment Chen Hui held a short position of 3,000 USD/JPY.
Chen Hui has an average floating loss of 2 points, a loss of 60,000 US dollars, and the net value of the account has changed from 5 million US dollars to 4.94 million US dollars now.
USD/JPY after breaking through to 99.000, yesterday's highest area, began to go up completely, sometimes suddenly there will be a lot of selling, Chen Hui knows that there should be a lot of long positions, in this position, even more Chen Hui last night, choose to close his long positions at 99.000.
1 hour later, Chen Hui felt that the timing was good, and directly increased his position and shorted 1000 hands of USD/JPY, which was already more than 6 o'clock at the moment, and USD/JPY was still at 99.010.
Chen Hui knew that this might be the last quiet before the storm came.
At this moment, Chen Hui holds a short position of 4,000 lots of USD/JPY, up and down and down for $40,000. Chen Hui's account equity has been hovering around $5 million.
After Chen Hui finished eating, he cheekily went to Wu Hai to take it down and throw it away, and continued to focus on the market without heart and lungs, keeping an eye on the trend of USD/JPY, Chen Hui felt that there might be a massacre of more killings tonight, and it was quiet for too long, which was the rhythm before the big storm.
At more than seven o'clock in the evening, the USD/JPY began to move, first began to rush up 5 points, reaching 99.050, so that Chen Hui lost more than 100,000 US dollars, but when he reached the 99.050 position, a huge selling order suddenly emerged, and the rise of the USD/JPY was immediately beaten back to the original shape to the 99.010 position.
In order to concentrate on watching the market, Chen Hui sent a message to the two women, Chen Hui is not going to throw away IPHONE5 mobile phone from upstairs tonight, such a bad excuse, just use it once.
At nearly 8 o'clock, the US dollar / Japanese yen began to fall slightly, Chen Hui was not in a hurry, when more than 8 o'clock, the US dollar / Japanese yen trend began to fall, the 15-minute K-line chart, a large black candle appeared, the average of the 5-minute chart directly began to short the form of short arrangement, Chen Hui knew that the opportunity was coming so he immediately increased his position to short 1000 hands of US dollar / yen, at this moment Chen Hui's average opening position is 99.000 at this position, Chen Hui holds a total of 5000 hands of US dollar / The short position of the Japanese yen, up or down one point, is $50,000.
After 10 minutes, USD/JPY began to fall further, falling directly to the 98.752 position, and Chen Hui suddenly had an average profit of 25 points, 25 points is 1.25 million US dollars, and the account equity went from 500 to 6.25 million US dollars.
Seeing that at half past 8 o'clock, there will be an important economic release in the United States, Chen Hui set a stop loss at the position of 98.990 for the sake of safety, and locked this order without losing money.
At 8:30 p.m., the USD/JPY position was at 98.700, and Chen Hui's net worth rose by another $250,000, up $650 from $6.25 million, and then at 8:30 p.m., the United States released economic data, the ISM manufacturing PMI for September.
Previous value: 54.8 Expected: 54.5, announced value 50.1, it's just too bad to be in the bad, bad economic data, big bearish dollar, dollar/ The yen plummeted, falling 10 points in one second, and then fell 20 points in the next 1 minute, and fell 30 points in this minute, from the position of 98.700 to the position of 98.400, almost a thousand miles, in this minute, 30 points means 1.5 million US dollars, Chen Hui's net worth soared further, from 6.5 million US dollars to 800 US dollars, and then to 8 million US dollars.
Chen Hui is very excited at the moment, it rose sharply yesterday, it fell sharply today, and tonight it shows that there is still a fall, and it will fall even more violently. USD/JPY has fallen so sharply, scared of yesterday's bulls, choose to close their positions, sell their long positions, suddenly there are a large number of long liquidation orders, staged a situation of more killing, just now the US economic data is too bad, to a certain extent caused a certain panic of the bulls in the market, Chen Hui was still a bull yesterday, today became a bear. Join the slaughter of today's bulls........
After the immediate pullback rose for a while, Chen Hui chose to continue to increase his position in USD/JPY, and at the average position of 98.400, he added a total of 5,000 contracts of USD/JPY, which were divided into 5 times, each time adding 1,000 contracts of USD/JPY.
Chen Hui felt that he had to take a risk, since he was right, why not make it bigger and short 5,000 more hands?
The follow-up situation in the market undoubtedly verified Chen Hui's judgment, and staged a massacre of many killings, and countless long-selling people began to close their positions, and there were fewer and fewer buying orders in the market, and almost all of them were selling.
More and more support levels are being broken, and the bulls are defeated.
(When a short position is closed, it means buying long.) When the long position is closed, it means selling short)
The market trading volume is very huge, Chen Hui's 5,000 hands of USD/JPY short orders, these short orders smashed down, almost no waves. It has little effect on the market.