170. Stay in the green mountains, not afraid of no firewood (two watches, ask for support)
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By 9 o'clock, USD/JPY had already appeared two 15-minute white candlesticks. In particular, between 8:45 and 9 a.m., the 15-minute white candlestick is almost bare and does not carry any tail.
At this moment, USD/JPY has risen to the level of 100.800, and because of this positive data, USD/JPY has risen by 40 points in half an hour.
Chen Hui's account net value increased by $1 billion again, from $12 billion to $13 billion.
USD/JPY broke through one new high after another, but at the moment the USD/JPY rally was still not suppressed.
The moving average of the 1-hour chart of USD/JPY has already shown a bullish alignment......
Chen Hui looked at the plate with satisfaction, watching his net worth rise step by step, he was very happy, and his heart was sweeter than eating peaches.
At this moment, at the Citi headquarters on the other side of the ocean, Jimmy is lying on the boss's chair, elegantly sipping a glass of red wine, his face is irrepressible joy, the US dollar/yen has not been able to rush up for many days recently, and it has been able to fluctuate in the range of 50 points for four days. Now it has finally been fulfilled, and USD/JPY has broken through new highs one after another.
Jimmy flicked his fingers a few times with his back to the outside.
Suddenly, the assistant rushed over and asked cautiously, "BOSS, do you have any orders?"
"How was the opening of the warehouse in the past two days?" said Jimmy, taking a sip of red wine
"BOSS, in recent days we have increased our positions by a total of 300,000 lots, and the average position is at 100.200. The assistant said happily
"Fuck!!, didn't I say that I wanted to increase my position by 500,000 hands?
โฆโฆโฆโฆ..โ BOSS, didn't you say that you will increase your position by up to 300,000 lots in the past few days!
'Oh, yes, I did?'" asked Jimmy, pretending to be puzzled
"BOSS, you really said that you said to be conservative until the Fed minutes!" the assistant replied
'Oh!!!Shit! Jimmy sighed in repent and slammed his fists on his desk.
Seeing that Jimmy didn't speak, the assistant asked carefully: "BOSS, now we still have to increase the position and continue to advance?"
"Then what the hell are you waiting for, didn't I just say that I would increase my position to 500,000 hands! Now hurry up and order to go down and increase my position by 200,000 hands again!" Jimmy said loudly
"Yes, BOSS!" the assistant hurried out of Jimmy's office and ordered the traders outside to increase their positions.
After another half hour, USD/JPY rose another 10 pips to the 100.900 zone, continuing to make new highs.
After another 20 minutes, USD/JPY again rose to new highs, breaking through to the level of 101.000, but soon returned to the level of 100.900 and did not gain a foothold at 101.000, so it began to oscillate.
At this moment, at the headquarters of Bridgewater Fund, Dario sat in the boss's chair, smiled slightly, and said to the assistant beside him: "Our Dongying friends may be uncomfortable this time, and they will only become more and more uncomfortable in the future!"
When the assistant heard the mention of Dongying's friend, he couldn't stop the mockery on his face.
The assistant said in a contemptuous tone: "These Dongying people are so stupid that they can't see the situation clearly!"
"Tom, I remember you still drive a Toei car, so don't underestimate their stubbornness, they are known for their physical stubbornness!" Dario smiled faintly.
"Yes, sir," said the assistant respectfully.
At 10:30 o'clock, USD/JPY broke through to the level of 101.000 again, began to gain a foothold, and once again reached new highs.
At this moment, Chen Hui's account net value has increased by one billion dollars again, from $13 billion to $14 billion.
Chen Hui watched the growth of the net value of the account of more than 100 million US dollars, and his heart blossomed, and he looked at the USD/JPY chart with a smile.
But at 11 o'clock, the smile on Chen Hui's face froze.
The US Philadelphia Fed manufacturing index for November was released
The previous value was 14.7
Predicted value 15
Published value 6.5
This is based on a series of indices from the Philadelphia Manufacturers Survey, including the New Orders Index, the Shipment Index, and the Employment Index. In terms of inflation, the price payment index, the price acquisition index. As a leading indicator of the health of the economy, business reacts quickly to changes in market conditions, and changes in manufacturing confidence are early signals of future economic activity such as spending, employment and investment.
Much lower than expected, bad economic data, USD/JPY suddenly fell sharply, falling 20 points in less than 15 minutes, from the 101.000 to the 100.800 zone.
Immediately, Chen Hui's net account value shrank by $1 billion. From $14 billion to $13 billion. And it's still falling, and the decline is obvious.
At the moment, Toei, the headquarters of the Bank of Mitsubishi in Tokyo, and the Yamada team are not happy at all, no matter how many points USD/JPY has fallen.
Today, USD/JPY has skyrocketed from 100.000 to today's maximum of 101.000, an increase of up to 100 pips, and their account has lost up to $5 billion today. With the original floating loss, the total floating loss is as high as $11 billion.
At this moment, no one is happy, everyone is depressed, including Yamada.
"Yamada-kun, we may be really wrong! USD/JPY is now hitting new highs!" one trader said directly, suggesting that Yamada was completely wrong. If it weren't for Yamada's insistence, they wouldn't have ended up like this at this moment.
"Yamada-kun, at the moment USD/JPY is only temporarily correcting down, what should we do?" said another trader at a loss
"Yamada-kun, we have a total loss of $10 billion in our account at the moment, and our fund has lost 30%! Whether to stop the loss, please ask Yamada-kun to instruct!" another trader reminded, at this moment he hoped that Yamada would be more sensible, admit defeat, and stop loss.
"Yamada-kun 'stay in the green mountains, not afraid of no firewood', this is a very old saying of Xia Guo, it's not too late for us to stop the loss at this moment, we can also start over again in the future!" said another trader, who has completely given up being bearish on USD/JPY at the moment.
"What are you !!!! panicking about!" Yamada-kun scolded,
The old saying of his subordinates just now made him feel uncomfortable psychologically, and he began to be more extreme.
"Keep holding!!" Yamada continued to growl. Apparently Yamada has been completely stimulated, and today the USD/JPY has skyrocketed by so many points, and now his subordinates are questioning him and denying him.
After all, this team does not belong to him personally, everyone is a part of this place, and he doesn't want to watch Yamada go all the way to the dark and make mistakes all the way to the end.
"Yamada-kun, do we want to explain it to the customers?" asked another trader carefully
"Yes, Yamada-kun, we have lost more than 30% at the moment, how can we explain to our customers this quarter!" reminded another trader.
When Yamada heard this, his heart was even more lost, and now that his subordinates were worried that the customer might be held responsible, Yamada couldn't help but feel a strong anger in his heart. The face is getting more and more ugly.
"I'll write a statement to all my customers tomorrow! I'll take all the responsibilities alone!" Yamada said in a deep voice, at the moment he was completely out of his mind, either wrong to the end, until the position was completely blown up, or he turned defeat into victory.
Yamada was a soldier in his youth, and after retiring from the army, he pursued a career as a trader.