105. Eve of the Currency Meeting (2)

After 11 o'clock, it rose by 3 points, and soon USD/JPY began to fall again, and after two minutes it fell by 15 points, and suddenly a 5-minute long black candle appeared, and USD/JPY fell to 98.160.

Good guy, it's finally delivered to the door, Chen Hui doesn't know which fund, that investment bank ..... did it. Suddenly came out with that lot of empty lists.

Chen Hui immediately threw out a 50,000-lot short position closing order (short closing means buying) and ate their 50,000-lot short order. But the market continued to fall until it began to stop and fluctuate after falling by 2 points.

At this time, the investment department of Toei Bank of Tokyo-Mitsubishi Bank, Yamada looked at the disk at the moment, just now at the 98.310 position Yamada team shorted 50,000 hands of USD/JPY, which led to a lot of shorts in the market, and suppressed USD/JPY by 15 points in 2 minutes.

"Yamada-kun, USD/JPY has met a lot of resistance at 98.150, and suddenly there is a lot of buying, at this moment, are we going to call it a day a day?" said one trader

"Yamada-kun, we are at the strong support of the 10-day moving average, are we profitable?" said another trader

Yamada was silent for a while, then said, "How much profit do we have on our books now?"

"Yamada-kun, we hold a short position of 300,000 lots, and at the moment we have made a total profit of 25 points, totaling $75 million. Another trader said

Yamada thought about it carefully and said in a deep voice: "Don't rush yet, if it falls below here, the USD/JPY will fall even harder!"

"Yes," said the traders

At this time, the USD/JPY began to fluctuate rapidly at a low level, each time Chen Hui closed 5,000 hands, as long as it was close to 98.150, Chen Hui immediately closed 5,000 hands, and half an hour later, Chen Hui got his wish and closed all his short orders at an average of 98.160.

There is still no rise in USD/JPY, Chen Hui closed 100,000 short orders for USD/JPY, and still failed to let USD/JPY start to rise, indicating that there are many investors who are short USD/JPY at the moment.

Today, Chen Hui closed a short position of 200,000 contracts on USD/JPY, with an average point of 98.170.

Chen Hui is not worried, falling below the 98.150 level, where there is strong support.

At this moment, Chen Hui still holds a long position of 200,000 contracts of USD/JPY. The net account value is still around $400 million.

By 12 p.m., USD/JPY started to rise from its lows, and 15 minutes later it rose by 10 points to the 98.250 level.

After another half hour, USD/JPY rose by another 10 points and reached the 98.350 level.

During this period, when the USD/JPY began to rise all the way, Yamada, the headquarters of Mitsubishi Bank, kept urging his subordinates to close their positions.

"Close the position!!Close the position!!"

When the Yamada team closed the short position, it further contributed to the growth of USD/JPY, which soon broke through the 98.400 level and continued to rise.

Yamada asked with palpitations, "How did we get today?" Yamada was glad that he was running fast this time, and when he saw that the USD/JPY trend was not right, he quickly chose to close the position

"Yamada-kun, today we also made a profit of more than 5 million US dollars. A trader said

Hearing that the original profit of 75 million US dollars became 5 million US dollars in a blink of an eye, Yamada sighed and flashed a trace of regret, why didn't he start closing the position at 98.150 before.

"Got it, that's it for today, and tomorrow morning we will continue to weigh on USD/JPY," Yamada said

……………..

At the moment, USD/JPY is still rising, having broken through to the 98.470 level at this moment, and is still rising, and the bulls in the market have fought back, recovering their losses all the way.....

At this moment, Chen Hui has a profit of 30 points, holding a long position of 200,000 contracts on USD/JPY, which is a book profit of 60 million US dollars.

Chen Hui's account net value is 460 million US dollars, Chen Hui looked at today's account profit of 60 million US dollars, and he was very happy, he waited for so long in vain.

Stretching, Chen Hui walked out of the study and said to Zhou Xuefen in the hall: "Fenfen, let's take a bath!"

"Young master, I just finished washing:" Zhou Xuefen was concentrating on watching TV, she had already taken a shower before.

"Then wash it again," Chen Hui commanded again, and then walked to the bathroom

"Oh oh, I know" Zhou Xuefen said sweetly, stopped watching TV, and followed Chen Hui into the bathroom

No, there was a rhythmic sound in the bathroom...........

After taking a mandarin duck bath, the two returned to the bedroom and continued to fight.........

Zhou Xuefen worked harder than Chen Hui, because Zhou Xuefen wanted to have a child as soon as possible.

The next day, the two woke up early, and after washing, Chen Hui went to the study, and Zhou Xuefen went to the kitchen...

Today USD/JPY opened from 98.490, down 10 pips in Asia, then up 12 pips in Europe, 15 pips in the Americas, and closed at 98.660 USD/JPY.

Chen Hui's profit that day was more than 30 million US dollars, and Chen Hui's net account value reached 490 million US dollars.

That night, Chen Hui had a friendship with Zhou Xuefen, and went to bed early, because tomorrow was a big market, and he had to maintain strong energy.

At 6 o'clock in the morning of the third day, Chen Hui and Zhou Xuefen woke up early, still the same, after washing, Chen Hui went to the study, and Zhou Xuefen went to the kitchen.

Chen Hui sat in the boss's chair, slowly eating the breakfast brought in by Zhou Xuefen, while watching the market trend of USD/JPY, it was half past 6 in the morning, and USD/JPY was slowly rising at the moment, opening from 98.660 to 98.720.

There are still 3 hours left before the results of the Dongying Central Bank's monetary meeting will be released. The closer you get to this moment, the more panicked the market becomes.

In the study, Chen Hui shouted outside: "Fenfen, pour me a cup of coffee and come in, Nestle"

"Oooh oh, right away"

After a while, Zhou Xuefen came in with a cup of coffee, put it on Chen Hui's table, and then quietly withdrew.

Chen Hui picked up the coffee and took a few sips...... Then continue to keep an eye on USD/JPY.

At 7:30 a.m., USD/JPY rose again, gaining 14 points and reaching the 98.860 level, breaking through yesterday's high.

Chen Hui's account equity at the moment is 530 million US dollars.

By 8:30 o'clock, USD/JPY continued to rise, breaking through the 99.000 level and continuing to rise, and by 9 o'clock, USD/JPY had risen to the 99.160 level, and Chen Hui's account equity soared again.

Today, Chen Hui has a profit of 50 points, and a long position of 200,000 contracts on USD/JPY is a profit of 100 million US dollars. At this moment, Chen Hui's account net value is 590 million US dollars.

USD/JPY is still rising, Chen Hui decisively began to lock up positions, short 50,000 lots of USD/JPY each time,

As the time gets closer to 9:30, the more panicked the market becomes, and the volume of transactions begins to expand.

At 9:10, Chen Hui shorted 4 times, each time 40,000 hands of USD/JPY short list, the market trend is in high-speed fluctuations, Chen Hui locked the position, USD/JPY is still rising, when Chen Hui is locked, Chen Hui has more than 10 million US dollars in profits.

At this moment, Chen Hui's account net value exceeded 600 million US dollars.