102.99!
After the bears came to the 103.00 position, they did not sell at a major support level and accumulate strength to break through the entire support level.
They directly chose to attack. Moreover, the 103.00 support level seemed to be undefended. It was crushed in less than 30 seconds. It was even easier than the 103.50 support level!
What was even more unbelievable was that the bearish main force broke through the entire 103.00 position without much effort. It only took a little more than 10,000 hands to break this whole support level.
The reason for this was a piece of news.
It was precisely because of this news that the entire position of 103.00 was like a piece of paper. Even the main players had given up on defending.
Seeing the whole situation, Chu Ge was a little puzzled. He had thought that the two sides would engage in a tug-of-war around the 103 position.
If you can't make a decision, look at the bullet screen!
Chu Ge opened the bullet screen and saw the barrage of comments from many investors.
"It's over. When the market closed at noon today, the global stock market generally began to plunge! Today, USD/Jpy would be smashed to the ground!”
"What does the global stock market plunge have to do with our foreign exchange?”
"You just started playing Japanese yen, right? A year ago, there was an article by the goldman sachs saying that the yen was the best safe haven.”
"Not to mention the stock market diving, even the oil price and 10-year bond yield of the Lighthouse Country are moving in the opposite direction of the yen. They go up, the yen goes down, they go down, the yen goes up!”
"Brothers, let's cut our meat early and see if we can drink some soup with the bears!”
Seeing the messy bullet screen on the foreign exchange website, Chu Ge quickly filtered out useful information from it.
The global stock market, especially the A-share market, plunged in early trading, which directly became good news for the yen.
Chu Ge finally understood why the USD/Yen had such a big drop today. It turned out that there was good news for the Yen.
102.99!
After the bears broke through 103, they were not in a hurry to break down. It seemed that they knew that once this good news came out, the trend was set.
Therefore, they were accumulating their strength and wanted to complete the task in one go, smashing the USD/Jpy to the point where they could not raise their heads.
After Chu Ge slowly put the last mouthful of rice into his mouth, he hugged his laptop and climbed into bed again. After all, it was almost twelve o'clock. Ge Ming and the other two should be back by now.
She had to move out as soon as possible. Otherwise, she would still feel a little uncomfortable when she was in charge.
After thinking about it, Chu Ge once again focused his attention on the computer in front of him.
102.87!
It moved again!
With the help of the good news of the yen, the bears did not even encounter any decent resistance. Not only did they not encounter resistance, but they also received a lot of help.
Many individual investors who came in to take a share of the pie began to spontaneously help the main short-sellers smash the market.
102.67!
It was another 20 points. In two minutes, the USD/Jpy ratio had dropped by 40 points, and the main players didn't even have to exert much effort.
102.50!
The market didn't stop. Under the mood of the entire market, not only did some of the original long investors turn short, but even some investors who didn't trade USD/Jpy began to flood into this plate.
Under the influence of a large number of short orders from individual investors, in less than ten minutes, the USD/Jpy reached 102.50, the half-round support level.
Everyone felt that this support level would not be of much use. After all, even the 103.00 round number did not last for more than 30 seconds. A half-round number might not even last for five seconds under the power of the entire market.
Then, they were disappointed!
Then, Chu Ge chose to clear the warehouse again!
When it seemed like he was making a huge profit, Chu Ge chose to clear all of his 20960 short positions.
It was not only because he saw the trend chart in his mind and had the ability to predict the future, but also because he realized that from 102.87, the rate of decline of the entire USD/Jpy was slowing down.
The main force had other ideas!
It was for these reasons that Chu Ge chose to clear all his short positions without hesitation.
However, even if Chu Ge cleared all his positions at this moment, he still had an exaggerated profit of more than 100 points.
135 points!
A net profit of 28.296 million USD!
Heavens!
A net profit of more than 20 million USD was earned in just a few hours!
This book comes from:m.funovel.com。