Chapter 901 The decisive moment (11)
The major positions of major institutions on Wall Street, as well as the Bank of Japan's institutions' reimbursement, and the Japanese yen exchange rate long institutions led by the Bentayga Capital Group fell sharply.
This has led to a one-sided trend on the US-Japan exchange rate market in an instant.
90.900,90.700,90.500…
With strong rebound and killing power, the US and Japanese exchange rates fell by more than 500 basis points in a few minutes.
Stimulated by market sentiment, global retail investors and institutional investors followed the market on a large scale, speculating and long.
In an instant, the market turned into this shape, and a great fear quickly arose from the heart, and lightning flashed back to stop losses.
Retail investors and investors who insist on being bearish on the US and Japanese exchange rates and long on the yen.
At this moment, it is another performance.
They saw that the US-Japan exchange rate completely broke through the support position of the 91.000 range with an extremely sharp trend, and quickly determined that the market had made a real directional choice, and they quickly increased their positions below 91.000, further suppressing the US-Japan exchange rate and seeking more profits in the market.
"Damn, there's no resistance."
"I didn't expect that the 91.000 defense line, which had been stalemate for almost ten hours, suddenly, was so easy that it was broken through by the short institutions of the US and Japan exchange rate."
"There are many long institutions in the US and Japanese exchange rate of Wall Street that previously maintained the market, and they have indeed lost their trace."
"It hasn't appeared for so long, or... when the US and Japanese exchange rates have completely changed to short and the market advantage is about to be completely lost, they still dare not increase their positions on a large scale to prevent the market from continuing to decline. This is enough to show that something big must have happened in the market, and it also means that the Japanese yen exchange rate will be strongly supported due to sudden situations."
"No matter what, this is a fucking... it fell too fast and too ruthless."
"Hey, should I do this? In the morning, before the Bank of Japan institutions made a monetary easing policy, I believed in Mr. Su's choice, shorted the US-Japan exchange rate and looked long on the yen. Unexpectedly, the 'super qe' monetary policy was introduced, and the fluctuations in more than 1,000 market basis points directly forced me to stop the loss."
"Later, due to positive news, the US-Japan exchange rate was quickly long at 91.000."
"I thought there would be no problem with this choice. At least I could make up for the losses I lost in the morning, but I didn't expect... I didn't expect..."
"I really don't understand, what is the market going to make a fuss?"
"The yen's up and down trend is really killing all the shorts and many people, which is simply terrifying."
"Market trading is the most resistant to swaying. In the current U.S. and Japanese exchange rate trading market, because world-class heavyweight investment institutions are playing with each other, their fluctuations will definitely be far beyond the usual ones. 1,000 points and 2,000 points are all normal. In this extreme market situation, if the idea is not firm, it will definitely be harvested."
"If you don't participate in this extremely volatile market, you can avoid it completely, or... just stick to one direction, widen the stop loss range, and reduce the holding volume."
"They... the position 90.5000 was also killed."
"The US-Japan exchange rate trading market has completely fallen to one side. It's really incredible. I didn't expect that the main bulls on the market would be defeated so quickly."
"The more you fall, the stronger the short power of the US-Japan exchange rate."
"After all, once the stop loss space falls below the stalemate stage, then the infinite stop loss replenishment orders will trample on each other and continue to suppress the exchange rate price downward."
"The offline yen trading market, the actual trading floating exchange rate of its financial institutions, is also falling wildly at this moment."
"What the hell is going on?"
"The US-Japan exchange rate market for more than ten minutes is so weird."
"That's right, without any warning, jump directly from the 91.500 support position. Any support, the main mechanism in the early stage, is useless."
"The bulls on the market have already taken the advantage, but the result... suddenly reversed."
"This is so magical and too illogical."
The trading trend of the US and Japanese exchange rates has come here, and it can be basically confirmed that the market has turned long and short. After all,... it is impossible to lure short to this point, which will cause the emotional collapse of the entire US and Japanese exchange rate bulls.
However… over time, to the present.
In the market, most speculators and investors still don’t understand what causes all this happening now.
"The 90.400 position was also killed. In more than ten minutes, it reversed and fell, approaching 1,000 basis points. It's so terrifying. On the market, those who are long above 91.000 are finished, and then go down... a large number of short-term stop loss trading will surge out on a large scale."
"According to the short-sucking mode, I bought three consecutive orders and were forced to stop losses."
"Depending on the situation, today's US-Japan exchange rate market is definitely the most tragic slaughterhouse in the entire foreign exchange market."
"Yes, when the yen exchange rate fell rapidly offline and the sentiment of selling the yen was unprecedentedly high, how many people went crazy long above the 91.000 price due to the stimulation of this sentiment."
"Now, the US-Japan exchange rate has fallen by more than 600 market basis points from the 91.000 mark."
"It has completely reached the range of short-term orders and stop loss."
"The large-scale recoup of the stop loss market, coupled with the rapid decline in the US and Japanese exchange rate, has caused a surge in short sentiment, and the influx of short funds following the trend."
"Once the US-Japan exchange rate cannot recover its decline in a short period of time, it will completely fall below the 90 price."
"There are currently all long holders of the US and Japanese exchange rate in the entire market, and they will trample on each other, cutting their positions and exploding their positions."
"In other words, the long U.S. and Japan exchange rate is completely over."
"No, no... Among the long-term bulls in the US and Japan exchange rate, the largest main institution is the capital group of Wall Street."
"'Bentayga Capital' Group has invested at least US$20 billion in margin orders in its positions held in the U.S. and Japan exchange rate."
"Realistically speaking, the main institutions of Wall Street who can suppress the Bentayga Capital Group will inevitably not invest in the amount of $20 billion in margin."
"Such a big position..."
"Once you fall into a comprehensive stop loss and a liquidation situation is extremely terrifying and will have an extremely serious impact on various capital groups."
"I don't think they make sense, and there is no reason to give up like this, letting their opponents take over the market and keep selling down."
"Losing the key long-short game range from 91 to 90, the entire market sentiment quickly changed completely towards the short direction of the US-Japan exchange rate."
"Once this trend is formed, I want to save it vigorously afterwards, make up for it, and pull back the market disadvantage."
"No matter how much money you have, you can't do it."
"After all, even the wealthy capital group on Wall Street cannot bear the short selling pressure of the entire market, and their positions are already so large."
"Even if there is so much money to take over and resolve the violent short-selling sentiment in the market."
"That is also constantly expanding position risks, expanding your own position risks, and putting yourself in a more passive situation."
“Sell short…”
"Since the US-Japan exchange rate bulls have abandoned the most important range of 91.500 to 90.5000, it proves that the market has really turned and the bulls have no room for a turnaround."
"I found it, and found the main institutions of the US and Japanese exchange rate bulls on Wall Street abandoned the market, and the reason for the sudden change in the market."
"Rizuho Group, Mitsui Consortium, Mitsui Consortium, Rissonna Holdings Group... Just now, its Market Investment Department and Fund Reserves Administration have begun to trade offline markets on a large scale, invest US dollars, buy back yen, and conduct a huge number of market operations."
"I heard that this is an order issued by the Bank of Japan Financial Institutions Bureau overnight."
"No way? Isn't this going back on my word? Didn't the Bank of Japan institutions make extremely loose monetary adjustments through monetary policy meetings during the day? Why did... now... give up the original plan and repurchase the yen circulating in the market and start to tighten liquidity?"
"The real news cannot be fake. Many Japanese financial institutions have issued repurchase announcements internally."
"I heard it is a temporary repurchase, with the purpose of stabilizing the nearly collapsed yen exchange rate market. The long-term and overall monetary easing policy will not change anything."
"Haha, is the Bank of Japan's reaction lagging behind?"
"The current U.S. and Japan exchange rate market is falling, and the yen is rising continuously. At this time... Isn't this kind of market operation adding fuel to the fire?"
"Can the market operations of the central bank and financial institutions not lag behind?"
"I heard that the Bank of Japan institutions were not prepared to interfere in the market, otherwise they should have taken action almost an hour ago when the offline yen exchange rate fell the most. Later... it was the World Bank and the International Monetary Fund, two joint institutions that maintained the stability of the global financial market, strongly demanded that they had to issue this kind of operation strategy of repurchasing the Japanese yen and stabilizing the yen exchange rate."
"As a result, the trading market responded in advance before the repurchase strategy was officially implemented."
"So...it seems now that the strategy of these two joint institutions and the Bank of Japan seems so stupid as the yen exchange rate has risen sharply and the US and Japan exchange rate has fallen wildly, and it is almost like the bulls are trampling on each other.
"Hey, the repurchase of yen at this time is completely to protect the Bentayga Capital Group, which has already gained a lot of advantages in the trading market, and related institutions!"
"I always feel that the Bank of Japan institutions have been plotted and used."
"Oh my God, the market trend of the US-Japan exchange rate has been further accelerated after the Bank of Japan, the World Bank, and the International Monetary Fund, the two joint institutions, officially participated in the market operations, repurchasing the yen and releasing the US dollar.
"It's time to reach the 90.200 position, depending on the situation... the 90 level may not be able to be kept!"
"All the rise in the US-Japan exchange rate has been completely wiped out since the entire Bank of Japan's 'super qe' monetary easing policy was announced."
"This trend is really short-term bulls and bears, and they are all killed."
"A large number of US and Japanese bulls have stopped losing and started to try their best to cover the price. The market is moving towards another extreme. I really didn't expect... Under the stupid operation of the Bank of Japan, the World Bank, and the International Monetary Fund, the bulls on the US and Japan exchange rate markets have instantly reached a desperate situation."
"Hey... it would be great to let the market run freely, so I have to interfere."
"Is this good now? The market is moving towards another extreme. The Bank of Japan's so-called stable market exchange rate turned into the Japanese yen exchange rate in an instant, a manifestation of panic appreciation."
As the US-Japan exchange rate trading market is moving towards the other extreme.
Investors from both bulls and bears on the market, in the heated discussion, faced with the yen exchange rate that was completely out of control and was caught in a panic appreciation, both the Bank of Japan institutions and the World Bank that proposed market repurchase operations, and the International Monetary Fund, were shocked at this moment.
The trend of the US-Japan floating exchange rate has completely exceeded their expectations.
They do not want the yen to depreciate significantly, which will damage market stability. At the same time... they do not want the yen to appreciate rapidly, causing chaos in the exchange rate market and causing serious damage to the entire Japanese economy.
"Give up, give up the plan to buy back the yen."
Seeing that the US-Japan exchange rate fell rapidly, the market was moving towards another extreme, the core trading room of the Bank of Japan Financial Institutions Bureau, Nagashi Ishihara did not wait for the instructions of Yama Akira. The sweat on his forehead emerged layer by layer and said anxiously: "Notify all financial institutions to give up the repurchase plan. At the same time... at the exchange rate of 90 yuan, put out a bottom-up order and keep the exchange rate of 90 yuan. You can't fall or fall again... The market's one-sided sentiment must be suppressed."
"What we need is stability, not exchange rate surge or plummet."
"Quick, hurry..." Nagato Ishihara roared at the assistant and trading manager in the trading room, "Hold on, keep on, the sentiment of not letting the sell-off spread again."
While Nagatoshi Ishihara roared...
The two joint institutions, the World Bank and the International Monetary Fund, which had just implemented market repurchase operations, also felt that something was wrong with the market, quickly gave up and withdrew the repurchase operation instructions.
However, at this moment, the core trading room of the Bentayga Capital Group.
After seeing that the US-Japan exchange rate had quickly approached the 90 yuan mark, the Bank of Japan and two world-wide joint institutions failed to stabilize the market, but instead backfired, causing the US-Japan exchange rate bulls to collapse across the board, their eyes instantly showed an extremely excited look, and they said anxiously: "Sell the fall, sell the fall... Take a ball and kill the 90 yuan mark, don't let all opponents trade, and seize any opportunity to organize defense line blocking."
"Quickly breaking through the 90 yuan mark, the bullish sentiment in the entire US-Japan exchange rate market will completely collapse."
"At that time, stop loss and liquidation will be jointly stamped out. Even if the Bank of Japan, the World Bank, and the International Monetary Fund jointly take action to stabilize the market, it will be too late to take the tide of selling and liquidation!
Chapter completed!