These days, there is a reason why Abel is not in a hurry to leave Singapore, which he doesn't like very much.

On the day he left Hong Kong Island, his talent warned of something in advance.

Someone, a very powerful person or force, was eyeing him.

This made Abel change his itinerary.

He originally wanted to arrive in Singapore directly.

But because of this early warning, he specially went to Thailand to stay for two days.

While staying in Thailand, David in New York received orders from Abel.

David then led a group of Smith Capital's earliest operator elites to leave New York and arrived in Singapore ahead of Abel.

Abel asked them to temporarily build a financial safe house here in Singapore.

That's why these people in front of me and David are here.

Since the beginning of last month.

Abel asked Smith Capital to slowly establish Japanese yen position contracts and spot gold futures contracts in the foreign exchange market.

It started when Abel arrived in Singapore a few days ago.

Under his order, traders officially began to open positions and short USD/JPY.

Stand in front of a big screen showing the market.

Abel sees that USD/JPY has reached 125.380.

Talent told Abel that this position is currently a very good opportunity to short USD/JPY in the short term.

The USD/JPY bull market in the second half of 2001 has ended, and is now at its highest position.

In terms of fundamentals, the direction of USD/JPY is significant.

The possibility that the Neon Central Bank and the Neon Government will continue to depreciate the yen and thereby boost the country's exports is very slim.

Moreover, the boosting effect of local currency depreciation on export-oriented economies is relative and unsustainable.

On the one hand, while neon companies enjoy the commodity price competitiveness brought about by the depreciation of the local currency, they also need to bear the burden of increasingly expensive imported raw materials and energy.

Therefore, excessive depreciation of the local currency will bring about an increasingly narrowing space for export companies to add value in the industrial chain.

The US dollar/yen is still in the long moving average arrangement at this moment, and the daily K-line of the US dollar/yen has already appeared 5 small positive lines in a row. These are all small positive lines, and they all have long tails.

, the upward trend began to gradually become smaller.

To put it bluntly, the current support for the rise of USD/JPY is getting smaller and smaller.

USD/JPY is expected to plummet in the future, so now is a good time to open a short position.

"The problem is...the character who is targeting me this time is very unusual!"

Abel thought to himself.

Already informed by his talent, Abel knew who his opponent was.

At this moment, he felt like the Shilipo Sword God who had just left the Novice Village and met one of the ultimate villains in the game.

I know I am very strong, but because I am facing one of the strongest ultimate villains.

While I feel that I am sure to defeat the opponent, it is difficult to avoid feeling uneasy in my heart.

Fortunately, continuous victories have allowed Abel to build a strong psychological defense.

A newborn calf is not afraid of tigers, let alone the Shilipo Sword God who just emerged from Novice Village!

Suppressing the trace of uneasiness in my heart, more expectations appeared later.

It is the expectation of colliding and confronting one of the most powerful financial forces in the world.

"call--"

Abel let out a breath and continued to activate his talent.

Now USD/JPY is starting to top, at least the top in the first half of 2002.

The entire K-line pattern is also brewing into a big evening star pattern.

The evening star pattern appears in an upward trend and is composed of three K lines. The first is a positive line, the second is a cross line, and the third is a negative line. The third K line entity goes deep into the first K line entity.

.

This is also the perfect opportunity to open a position and sell short.

Since this time, Smith Capital has established 200,000 short positions.

Especially in the past few days, every time I open a position, I am testing the highest position of USD/JPY.

Because of those people he was dealing with, Abel only asked traders to short one or two thousand lots at a time.

Only when he appears in person and personally directs the transactions will the number of transactions become larger and larger.

Currently, on Abel's side, the average position for opening a position is 125.300, which makes Abel still in a state of floating losses.

With a short position of 200,000 US dollars/yen, a one-point fluctuation is equivalent to US$2 million, and Abel's current floating loss is about US$40 million.

This 40 million US dollars was just a drop of money to Abel, and he didn't care about it at all.

What's more, floating losses are the same as floating profits. As long as the position is not closed, it is just a floating cloud.

Abel knows that if you open a position now, you can't open too many positions too quickly. If you short hundreds of thousands of USD/JPY short orders at one time, the market may not be able to digest it, and it will easily cause USD/JPY to plummet.

Abel didn't want to do this, so he slowly sold short at a high level and tried to get as many goods as possible in the highest area.

At the same time, you must also be wary of the other party’s operations.

If you are betting against these people, you cannot expect that the trend of USD/JPY will be honest.

If there was really a problem with the gambling, he believed that those people would dare to resort to tricks.

This is why as soon as he arrived in Singapore, he found someone to bring over Ellis Parker Butler, Benjamin de Seural, and even the local leader Li.

Both Benjamin and Ellis have strong backgrounds in the Texas conglomerate and are considered their own.

Chief Li is a local snake.

By contacting these three people, Abel wanted to avoid some kind of desperate situation that his opponents might have while in Singapore.

In fact, if possible, what Abel wants most now is to return to the United States.

It's just that the betting has begun, and the journey back to the United States has begun to become dangerous.

That's why Abel stopped running around and chose to stay in Singapore temporarily.

It is now 6:30 pm on April 1st.

Abel saw that the current USD/JPY had once again reached 125.400, and he immediately ordered the operators to short 10,000 USD/JPY lots.

This approach immediately pushed USD/JPY down 5 points before it was supported, and then USD/JPY began to fluctuate.

After 5 minutes, it rushed up again, and Abel chose to short 10,000 lots again, suppressing it again.

It went back and forth like this many times, and the USD/JPY could no longer reach the 125.400 position.

At the moment, it is oscillating above the 125.300 position, but the support at the 125.400 position is still very strong.

Seeing this situation and the opponent's next operation, which was gifted with early warning, Abel sneered:

"Since you haven't tested and found out which is the highest point, then let me create one. 125.400, this is the position I have set for you. The ultimate villain, Shilipo Sword God is not afraid of anyone!"

Just now, Abel shorted a total of 60,000 USD/JPY short orders at 125.400.

Smith Capital currently holds a total of 260,000 USD/JPY short positions.

At eight o'clock, when the U.S. dollar/yen fell, Abel seized the opportunity and shorted 5,000 U.S. dollars/yen lots again.

Suddenly USD/JPY fell two points again, and then was supported again at 125.350.

Abel immediately continued to increase his short position by 5,000 lots, and USD/JPY was unable to hold on to the 125.350 position.

After more than ten minutes, USD/JPY slipped many points and reached 125.300.

Abel smiled and continued to increase his short position on USD/JPY.

…

…

At the same time, different time zones.

When night falls in Singapore.

It's daytime over in New York.

Inside the unique office of JPMorgan Chase Bank's trading department in Manhattan.

A younger and more energetic John Cleese was present.

The head of the Morgen family watched USD/JPY fall again.

It has now fallen to 125.300.
To be continued...