City: No One Understands Finance Better Than Me
Chapter 57 Clearance Against The Market!
103.00!
Before these small-cap investors could get in, USD/JPY broke its one-day rhythm.
This time, it did not stay at 103.09 smoothly, but jumped to 103.00 all of a sudden, which is only one step away from breaking down the support position of 103.
While some wary investors sensed the difference in this volatility, most investors didn't feel that there was much of a problem.
After seven or eight hours of continuous shaking, it was only about eight or nine points, and their spirits became numb.
102.97!
A long Yinxian appeared on the time-sharing chart again. After nearly ten hours, the main players finally showed their fangs again.
USD/JPY did not start to oscillate at the 103.00 position as most investors thought, but instead slammed down and fell another 3 points, successfully falling below the solid support position of 103.
Until now, these investors have begun to realize that something is not right, but the main players who have swept enough goods at high levels will not give these small capital investors a chance to react.
Harvesting leeks, the main favorite!
And now, many small-cap investors who initially began to bearish USD/JPY because of the good news of global stock markets are a group of fat and many leeks.
102.92!
A big negative line that far exceeded the previous few hours has once again awakened the memory of many investors. They only remembered now that today is obviously good news for the yen, and they are here to short USD/JPY.
How come most of the positions are now on the bulls side, and the profits are still pitiful, and even some people still lose money in their accounts.
And when this big yin line fell, almost everyone's income became negative, and the people who had negative incomes had their hearts beating wildly.
Obviously, in the face of many investors who are stuck in long positions, the main players have no mercy, and they do not hesitate to start again with USD/JPY.
102.86!
And this time is more ruthless than the last time, a full six-point drop made the last handful of people who had no negative returns successfully lost all their profits.
How to do?
Seeing that the main players are getting more and more ruthless, everyone, at least most of the investors, panicked. The money in the account was all hard earned by them, and they suffered heavy losses in such a short period of time.
102.84!
Another negative line appeared on the time-sharing chart. Although it was not as large and imposing as the previous three, it was equally deadly.
In the face of these small-cap investors who don't have easy money, the loss of these two points represents the fourth decline in USD/JPY.
Who knows if there will be a fifth time?
They are all ordinary people who can't stand this kind of loss!
Cut the meat!
Under such circumstances, cutting meat to save lives has become the only solution in the minds of at least 90% of small-cap investors.
First those who lost the most started choosing to liquidate their positions, and then this selling sentiment, like the plague, began to quickly infect the entire USD/JPY plate.
Countless people started scrambling to clear their long positions, and it was their selling that sent USD/JPY falling rapidly from 102.84.
This has also led to more and more people joining the ranks of selling. Some people who were prepared to bite their teeth saw that the entire market was bearish on USD/JPY, and they also took action.
Everyone is afraid that they will sell too late and lose more.
This speed is even faster than the speed of the main force just started.
102.82! 102.81! 102.80! ......
102.74!
In just a few minutes, USD/JPY fell ten points from the position of 102.84, and this was the spontaneous behavior of retail investors without the main players taking action.
Just when the whole market was full of panic, Chu Ge should be lying happily counting money with more than 70,000 short positions in his hand, but his expression became more and more serious.
Clearance!
Once again, Chu Ge made an unexpected choice, the opposite of the market as a whole.
When the short position is in full swing, even when there is still a lot of profit space on the trend chart provided by the system in my mind, choose to clear all positions.
73360 hand short positions are all emptied!
While everyone was selling their long positions, Chu Ge quickly cleared all his short positions almost unremarkably.
After clearing all positions, Chu Ge's average sell position came.
102.70!
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