461. The plunge that shocked the world!
Chen Hui saw that the USD/JPY was supported again, and his previous short list of 500,000 hands was swept away so quickly, and his face sank! Immediately smashed the short list of $500,000/JPY into it, and immediately smashed the USD/JPY down and smashed it back to its original shape! Back to the 106.000 position!
It's like a stake that has just come out of the wood, and has been hammered under the ground by a big hammer!
"Damn, I don't believe I can't smash you!"
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Watanabe and the others were suddenly shocked, and hurriedly shouted again: "500,000 hands again!!"
"Buy!!500,000 lots!!"
The traders immediately bought 50,000 lots each! A total of 500,000 long orders, smashed into the scan!
ยทยทยท Again held up!
At the moment, they already hold a long position of 14 million contracts of USD/JPY! A fluctuation of one point is $140 million, and the traders are completely numb. Now they don't care about their business, this is not something that can be solved by the level! It is completely a contest and game between super-large funds!
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Chen Hui saw that the USD/JPY was supported again, returned to the 106.050 position, and ate up the 500,000 hands short list he had just made.
At this moment, Chen Hui already holds a short position of 13 million contracts on USD/JPY. One point of fluctuation is $130 million...
In Dongying, in a trading room, the major representatives of Dongying frantically shouted: "Buy, buy! Buy 100,000 lots each!!"
"Hurry up! Buy 100,000 lots each!!"
"Leave it alone!Buy 100,000 lots!!"
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Suddenly they bought a long position of $1 million for USD/JPY again, once again holding USD/JPY up.
But it's already hard to support.
At the moment they already have a long position of 15 million lots of USD/JPY, and the fluctuation of one pip is $150 million.
They watched the USD/JPY pair with desperate expressions.
At this moment there are countless bears pouring into the market, they seem to see a huge prey, and at the key level of 106.000 is the last line of defense for the bulls, and only by breaking through this line of defense, then the feast will come.
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Hong Kong Mid-Levels Villa, ยทยทยทยทยท in the study
"I don't believe I can't smash you!"
Immediately, Chen Hui smashed a short order of 1 million lots of USD/JPYยทยทยทยทยทยทยทยทยทยทยทยท
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At this moment, in Kuala Lumpur, Malaysia, Lin Hanrong and Chen Zhennan are watching the trend of USD/JPY in a daze, USD/JPY is in danger at the moment, and they have no extra funds in their hands!
They each asked the bank to borrow $1 billion, but now they have exhausted everything, and now they each hold 4 million long positions, adding up to a total of 8 million lots, and the available funds in the account have reached the limit.
Lin Hanrong glanced at Chen Zhennan, and said with a dead face: "Let's cut the meat!"
Looking at Chen Zhennan, who looked gloomy, depressed, and desperate, he said again, "Sooner or later, the position will be liquidated, and now you can lose a little bit and run some funds!
"The current situation is so unbearable that we can't delay it any longer, and when the people in the next Dongying can't support it, we estimate that we won't even be able to run out of $1 billion in funds!"
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"Alas!!Then cut the meat, run as much as you can!" Chen Zhennan's whole person was like a hot air balloon deflated.
"Cut the meat and close the position!" Lin Hanrong said loudly
ยทยทยทยทยทยทยทยท Suddenly, a group of traders began to carry out Lin Hanrong's orders and began to sell long positions, and at this moment, Lin Hanrong and Chen Zhennan turned from dead bulls to bears in an instant! A flood of selling orders poured into the market
At this time, the USD/JPY completely collapsedยทยทยทยทยทยทยทยทยท
At the moment, the market is in a bullish vacuum, all the buying orders are eaten up, and the market is flooded with selling orders.
The moment USD/JPY fell below the level of 106.000 to 105.990, it suddenly underwent a shocking change, and it dived 200 points in this second, from 105.990 to 103.990.
In the one-minute chart, this is an extremely long, endless yin candle that pierced the computer screen directly, and nothing could stop him from falling.
ยทยทยทยทยทยท The plunge at this moment shocked the world.
This second of the plunge caused countless bulls to liquidate, and also attracted a lot of short-term bears to close their positions.
USD/JPY continued to slide, and then in the 50-point range of 103.500 to 104.000, it went crazy up and down.
The daily trading volume of USD/JPY has once again set a new record, and at the moment it has reached 1.8 trillion dollars!
ยทยทยทยทยทยท A few minutes later, the news outlets rushed to report on the incidentยทยทยทยทยทยท
"USD/JPY, 200 pips in a second, as low as 103.500" Wall Street Journal
"USD/JPY Surprises Huge Selling! Instantly Falls from 106.000 to 104.000!"
"In USD/JPY, a nuclear warhead has been discovered! A bullish massacre has been staged!" Bloomberg Newsยทยทยทยทยท
"In just a few minutes, USD/JPY plummeted by up to 250 points!!The catastrophe of USD/JPY bulls !!!," FX168 Financial News
"USD/JPY set a new record in a single day! The market sold millions of lots in a matter of minutes!"
"It's no different from an earthquake!" It's the first time I've been in the industry for a long time that I've seen a sudden drop of more than 200 points in a second without anything big happening," an analyst says
"I don't know how many bulls have liquidated their positions tonight!"
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In the mid-level villa, Chen Hui smashed the 1 million hands of short orders at the 105.000 position on average, and he smashed the market at the 106.000 position, which was 100 points lower than the 106.000 position. Because there are no buyers in the market to take these orders from him, hundreds of thousands of them are traded at the 104.500 position.
At this moment, he already holds a short position of 14 million US dollars / yen, and the fluctuation of one point is a profit and loss of 140 million US dollars, in which the average position of his first 13 million hands is at 106.500 positions, and the next 1 million hands of the list are smashed, and the positions are much farther away, at 105.000 positions, which is relatively 150 points lower.
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At this moment, because many short-term bears in the market have closed their positions and many bulls who have liquidated their positions have begun to hedge, USD/JPY has been oscillating violently from 103.500 to 104.000.