America's Road to Wealth
Chapter 447 Lipo Sword God VS Ultimate Boss
Chapter 447 Shilipo Sword God VS Ultimate Boss
There is a country that borders the Strait of Malacca, with an area of only 700 square kilometers, and its urban infrastructure ranks first in the world.
It is called Singapore by many people, formerly known as Xingzhou or Xingdao, also known as the Lion City, in Southeast Asia.
It's 85 miles north of the equator, and although be aware of the winter monsoon season, its tropical climate means it has beach days year-round.
This is despite its proximity to world-class beach destinations such as Thailand and Indonesia.
But Singapore's own beach shores are sometimes overlooked.
16 kilometers away from the city, known as the most beautiful Siloso Beach in Singapore, there are bars and restaurants everywhere.
On weekdays, Siloso Beach is very lively from morning to night, full of people and tourists.
But in the past few days, there were no customers on Siloso Beach, and even the bars and restaurants were closed.
Because the Singapore authorities claimed that there was something wrong with the sand of Siloso Beach and the authorities were going to repair it, it was closed for a few days.
A reopening time is to be determined.
However, at this moment, on Siloso Beach, which was supposed to be closed, in the seaside manor among the coconut groves.
Abel was wearing beach shorts and sunglasses, lying on a deck chair, blowing the sea breeze in the sunset, listening to the rustling of the leaves of the dense coconut forest, looking at the blue sea and the soaring eagles. He felt better.
Today is April Fool's Day.
A few days have passed since he left Hong Kong Island and came to Singapore.
During the few days on Hong Kong Island.Although the Chinese culture on Hong Kong Island is somewhat unauthentic, it is mixed with a lot of impurities after Westernization.
But he still experienced a trace of Chinese elements that are difficult to experience in the United States, even in Chinatown.
This can barely be regarded as comforting a small part of the nostalgia in his soul that is just around the corner.
So after the dinner at No. 26 Garden Road, he left Hong Kong Island the next day.
During the period, I passed through Thailand, stayed in Siam for two days, and then arrived in Singapore.
In Singapore, Abel originally planned to stay for a day or two at most.
Because for him, this tiny place is really not attractive.
It wants nothing, except a Strait of Malacca and a stock market with a decent size.
In other respects, it is difficult to describe the lack of resources.
A place where even fresh water is provided by Malaysia, and even most of the electricity comes from there.
Apart from its very good strategic position, there is really nothing to covet.
Moreover, it is very similar to Hanguo and Neon. There are US military bases stationed there, and the key points are in the hands of the United States.
Usually, in this kind of place, the masters from the United States come, that is, the masters from Singapore...
No, the night Abel arrived in Singapore.
I made a special trip to visit him.
At that time, Abel happened to be hosting two Americans who were working in Singapore.
The two men were named Benjamin de Seural and Ellis Parker Butler.
The one in front is the US ambassador to Singapore.
And Ellis Parker Butler is the current commander-in-chief of the U.S. 7th Fleet and one of the main leaders of Zhangyi Base.
When Boss Li saw these two at Abel's place, he was naturally surprised and took it for granted.
Because the envoy Benjamin de Seural was himself the reappointed American envoy to Slope after the shrubs lived in the white house.
As for Ellis Parker Butler, he's a Texan.
The two would visit Abel who was passing by, and Chief Li thought it was very easy to understand.
That night, everyone had a great time.
But at Abel's place, knowing that Abel was really just passing by, he didn't plan to show up in public, and he was leaving in a few days.
Boss Li couldn't help but heaved a sigh of relief, he didn't just come here to make trouble.
So the authorities chose to open the door to Alberta in all aspects.
So much so that Siloso Beach, a famous tourist attraction in Singapore, is one of the favorite places for foreigners.
All because of someone's arrival, it was temporarily closed for a few days, and the closing time is to be determined.
Whenever someone wants to go, open up.
And to do so, just for someone to experience the pure beauty of Singapore.
And basking in the sun for a while, blowing the sea breeze for a while.
As the sun set, Abel returned to the villa. After washing off, he came to a large room in the manor.
There were dozens of computers in the room, and dozens of blond-haired and blue-eyed Europeans and Americans were sitting in front of each computer and busy.
David Mellon, president of Smith Financial Group and CEO of Smith Capital, who was supposed to preside over the overall situation in New York, was shuttling through the crowd in the room.
Seeing the boss coming in, the other staff turned a blind eye and continued with their work.
David Mellon, who was staring at a monitor, got up and came to Abel.
"Oh, Your Majesty~ You came just in time."
The heir of the New York Mellon family, his eyes are slightly red, his hair is a little messy, but his spirit is very excited.
"As you said, those people... those rotten enemies, they chose to do more!"
David said loudly.
More than a year ago, Abel defeated the alliance of several major investment banks in New York head-on.
David, who participated in the whole process, and the older Smith Capital employees worshiped Abel a little crazy.
Calling Abel their king and engaging in feudal idolatry in the company.
This kind of worship has also been made into the characteristic corporate culture of Smith Capital.
Abel was against it at first, but David and the others were justified.
They said that any of the long-established and powerful investment banks on Wall Street, or financial companies.
Inside, almost all have their own characteristic culture.
For example, on a certain day of the year, everyone collectively goes to call the girls, and the company will reimburse them...
In some cases, the third week and the third day of every month is the company-wide group fitness day...
In some cases, on a certain day of a certain month, all employees will change into women's clothes; on some days, they will bring food to the company to share, etc.
In short, each has its own characteristics.David felt that the existence of Smith Capital itself was entirely based on Abel alone.
That Abel was to Smith Capital the wise king of old.
In ancient Europe, the strength of a country was often determined only by the virtuous king.
Then Smith Capital should respect Abel like a virtuous king.
Coupled with a little bit of flattery, this kind of culture is finally formed.
Now, after Smith Capital merged with other Texas financial companies, it evolved into Smith Financial Group.
David and other Smith factions are trying to expand the corporate culture that originally belonged exclusively to Smith Capital to the culture of the entire financial group.
The Texas faction naturally resisted this.
They admire Abel, but they have never seen Abel's operation.
It's not like Smith Capital, which relied on Abel to start the whole process.
The two sides are currently wrestling.
And Abel...Of course he supported David and the others.
Not to mention that this is his direct descendant.
Just the feeling of being adored can be addictive.
What's more, both Abel himself and the think tanks of the Smith Thinking Group believe that this corporate culture will help strengthen Abel's influence in Smith Financial Group.
If it can spread out, it can even affect the entire Texas consortium.
It can be cool, and can strengthen control and influence, how could Abel not support it.
"Let me see……"
After listening to David's words, Abel walked in front of several big screens.
Half of these large screens display global real-time economic and political news.
The other half shows the quotations of various foreign exchange and futures markets around the world.
These days, there is a reason why Abel is not in a hurry to leave Singapore, which he doesn't think much of.
On the day he left Hong Kong Island, his talent forewarned something in advance.
Someone, a very powerful person or force, has his eyes on him.
This made Abel change his itinerary.
He originally wanted to go directly to Singapore.
But because of this warning, he deliberately went to Thailand to stay for two days.
During his stay in Thailand, David in New York received orders from Abel.
Then David led a group of Smith Capital's earliest operator elites to leave New York and arrived in Singapore one step ahead of Abel.
Abel asked them to temporarily build a financial safe house here in Singapore.
That is the reason why these people in front of me and why David appeared here.
from the beginning of last month.
Abel asked Smith Capital to slowly establish a yen position contract in the foreign exchange market, as well as a spot gold futures contract.
It started when Abel arrived in Singapore a few days ago.
On his orders, traders officially began building positions, shorting USD/JPY.
Standing in front of a big screen showing quotes.
Abe 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 come to an end, and now it is in the highest position area.
In terms of fundamentals, the direction of USD/JPY is remarkable.
It is very unlikely that the Central Bank of Neon and the government of Neon will continue to guide the depreciation of the yen, thereby boosting the country's exports.
Moreover, the boosting effect of the depreciation of the local currency on export-oriented economies is relative and unsustainable.
On the one hand, neon companies need to afford increasingly expensive imported raw materials and energy while enjoying the commodity price competitiveness brought about by the depreciation of the local currency.
Therefore, the excessive depreciation of the domestic currency will bring about a narrowing of the value-added space of export enterprises in the industrial chain.
USD/JPY is still in the long-term arrangement of the moving average at the moment, and the daily K-line of USD/JPY has 5 small positive lines in a row. These are all small positive lines with long tails , the upward trend began to slowly diminish.
In other words, the strength to support the rise of USD/JPY is getting weaker and weaker.
In the future, USD/JPY is expected to have a sharp drop, and now is a good time to open a short position.
"The problem is...the person who is eyeing me this time is very unusual!"
Abel thought to himself.
Already informed by his talent, Abel knew who his opponent was.
At this time, he had the same feeling as the ten-lipo sword god who had just left Novice Village and met one of the ultimate villains in the game.
Knowing that he is very strong, but because he is facing one of the strongest ultimate villains.
While feeling that I have the confidence to defeat the opponent, at the same time it is difficult to avoid the feeling of uneasiness in my heart.
Fortunately, the continuous victories have allowed Abel to build a strong psychological defense.
Newborn calves are not afraid of tigers, let alone the Shilipo Sword God who just came out of Xinshou Village!
Suppressing the trace of apprehension 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 exhaled, and the talent continued to activate.
USD/JPY is now topping out, at least in the first half of 2002.
The entire K-line pattern is also brewing a big evening star pattern.
The evening star pattern appears in an upward trend and is composed of three candlesticks.The first line is the positive line, the second line is the cross line, and the third line is the negative line.The third candlestick's real body goes deep inside the first candlestick's real body.
This is also the perfect opportunity to open a short position.
Since this time, Smith Capital has established 20 short lots.
Especially in the past few days, every time a position is built, it is testing the highest position of USD/JPY.
Because of those people, Abel just let the traders short a thousand or two thousand lots at a time.
Only when he appears in person and directs the transaction in person, will the number of shots increase and increase.
At present, on Abel's side, the average position of opening a position is 125.300, which makes Abel still in a state of floating loss.
Holding a short position of 20 lots of USD/JPY, the fluctuation of one point is 200 million US dollars. At present, Abel's floating loss is about 4000 million US dollars.
The 4000 million US dollars is just a drizzle to Abel, and he doesn't care at all.
What's more, floating losses are the same as floating profits. As long as the position is not closed, it is floating clouds.
Abel knows that if you open a position now, you can’t build too much or too fast. If you sell hundreds of thousands of short positions in USD/JPY at one time, it is estimated that the market will not be able to digest it, and it will easily cause the USD/JPY to plummet.
Abel didn't want to do this, so he slowly sold out at high positions, trying to get as much stock as possible in the highest area.
At the same time, be wary of the opponent's operations.
Betting against these people, you can't expect the trend of USD/JPY to be honest.
If something went wrong with the bet, he believed that those people would dare to resort to tricks.
That's why, as soon as he came to Singapore, he found someone to get Ellis Parker Butler and Benjamin de Seural, and even the local chieftain Lee.
Both Benjamin and Ellis have a strong background in the Texas consortium, and they can be regarded as their own.
Leader Li is a local snake.
The contact with these three people is that Abel wants to avoid some kind of dog jumping situation that the opponent may have during his stay 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 already begun, and the journey back to the United States has begun to become dangerous.
That's why Abel didn't run around and chose to stay in Singapore temporarily.
It was 4:1 p.m. on April 6st.
Abel saw the current USD/JPY and rushed to the 125.400 position again. He immediately ordered the operators to short 1 lots of USD/JPY.
This approach immediately pushed down the USD/JPY by 5 points before it was supported, and then the USD/JPY began to fluctuate.
After 5 minutes, he rushed up again, and Abel chose to short 1 hands again, and suppressed it again.
Just like this back and forth, many times, USD/JPY can no longer rush to 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 strong.
Seeing this situation, and the next operation of the opponent who had a talent warning, Abel sneered and said:
"Since everyone hasn't tested where the highest point is. Then I will make one. 125.400, this is the position I set for you. The ultimate villain, Shilipo Sword God is not afraid of anyone!"
Just now, Abel was at the 125.400 position and shorted 6 lots of USD/JPY.
At present, Smith Capital holds a total of 26 short positions in USD/JPY.
At eight o'clock, when the USD/JPY fell, Abel seized the opportunity and shorted 5 USD/JPY again.
Suddenly USD/JPY fell two points again, and then was supported again at 125.350.
Abel immediately continued to increase the short position by 125.350 lots, and immediately the USD/JPY failed to stand firm at [-].
After more than ten minutes, the USD/JPY slipped many points and reached the 125.300 position.
Abel smiled and continued to short USD/JPY.
……
……
Same time, different time zones.
When night falls in Singapore.
It was daytime in New York.
Inside the unique offices of JPMorgan Chase Bank's trading department in Manhattan.
A younger, more energetic John Cleese was there in person.
The head of the Morgan family watched the dollar/yen fall again.
At the moment it has fallen to the 125.300 position.
After watching him for several hours, he couldn't help saying:
"It's a bit outrageous. Why is the opponent right every time? James, your trade seems to be targeted every time."
Not long ago, Morgan and Rockefeller, who failed in the "showdown", saw that Abel did not cooperate.
The two sides decided to break Smith's undefeated golden status, forcing Abel to negotiate with them and forcing Abel to accept their terms.
After he and David made a joint decision, the operation began.
Of course, the specific tasks of market making and trading, buying and selling, etc., naturally don't need the two of them to do it.
As the core figures of a huge group, what John and David need to do is to make up their minds and make good decisions.
Then contact other allies, persuade or use other methods to get allies to support their decisions.
Wait for everyone to unify their opinions and let their will be issued.
Then the huge consortium machine, the relevant parts will naturally start to operate.
After that, all they need to do is to stare at the market and be ready to counter each other's off-market and intra-market moves at any time.
Or come up with useful off-board moves and inside moves to hit the opponent, thereby increasing your winning rate.
Because it has just started, neither side has yet to make an outside move.
In other words, the real confrontation has only just begun at this time, and it is not yet intense.
David has low energy, John Cleese has good energy.
Today John Chris came to inspect the trading room.
As a result, he saw the marketing department of Morgan Chase. In the confrontation with the opponent, he was almost completely at a disadvantage during the few hours he was there.
Seeing such a question from the top boss.
The head of JP Morgan's trading department and one of the presidents of JP Morgan Chase Bank, James Robinson is sweating profusely at this moment.
James Robinson previously worked for Citibank.
In April 1998, the shocking merger of Citigroup and Travelers Group created a precedent for mixed operations on Wall Street.
In that change, James Robinson and his boss, Jamie Dimon, were shuffled out in a reshuffle of power.
Jamie Dimon then went to First Bank of America as CEO.
James Robinson originally wanted to follow, but was introduced to JP Morgan Chase Bank by the other party.
Because of his excellent investment ability, James Robinson has been promoted several times at JPMorgan Chase and is now the director of the marketing department and the president of the bank.
In the past three years, this top investment banker has earned more than US$20 billion in net profits for the company every year.
At this moment, I don't know how to explain it to John Chris.
Because just now, during the few hours when John Chris watched the battle.
James Robinson makes trading decisions against Smith Capital every time.
Almost all of them were dealt with immediately, and were brought back by the anti-general.
The details here are complex and difficult for non-industry personnel to understand.
To put it simply, the two armies are at war.
James Robinson is the blue army, and the opposite is the green army.
Every time the blue army just made a little movement, they hadn't reaped the results of the battle, and even the bullets hadn't been fired.
As a result, the green army reacted at the speed of light, leaving the blue army blocked without even a chance to pull the trigger.
To put it simply, James Robinson is playing games like WAR3 and Red Alert.
At the beginning of the game, when everyone can't see it.
On the other side, it seemed as if the whole picture had been opened, targeting James Robinson step by step from the beginning.
The key is that John Chris is watching from behind.
The chief trader, James Robinson, was naturally nervous and broke out in a cold sweat when he asked him such a question.
Could it be that there are spies on the opposite side of me?
Otherwise, why is the opponent's prediction so accurate every time?
It's too uncomfortable!James Robinson was a little flustered.
Seeing James Robinson sweating profusely, John Chris frowned.
After thinking for a while, John Chris said: "You continue your work, I'll make a call."
A few minutes later, James Robinson saw John Cleese walking back.
The head of the Morgan family said with excitement and curiosity:
"My intelligence shows that Abel Smith is currently operating the opposite! James, the person who made you feel so uncomfortable just now is the investment god of Wall Street!"
His voice is a little bewitching, but also encouraging James Robinson.
"Whether you can succeed in killing God and become the CEO of JP Morgan Chase. James, it depends on whether you can defeat Smith head-on. This is a rare opportunity, and David and I will support you behind."
(End of this chapter)
There is a country that borders the Strait of Malacca, with an area of only 700 square kilometers, and its urban infrastructure ranks first in the world.
It is called Singapore by many people, formerly known as Xingzhou or Xingdao, also known as the Lion City, in Southeast Asia.
It's 85 miles north of the equator, and although be aware of the winter monsoon season, its tropical climate means it has beach days year-round.
This is despite its proximity to world-class beach destinations such as Thailand and Indonesia.
But Singapore's own beach shores are sometimes overlooked.
16 kilometers away from the city, known as the most beautiful Siloso Beach in Singapore, there are bars and restaurants everywhere.
On weekdays, Siloso Beach is very lively from morning to night, full of people and tourists.
But in the past few days, there were no customers on Siloso Beach, and even the bars and restaurants were closed.
Because the Singapore authorities claimed that there was something wrong with the sand of Siloso Beach and the authorities were going to repair it, it was closed for a few days.
A reopening time is to be determined.
However, at this moment, on Siloso Beach, which was supposed to be closed, in the seaside manor among the coconut groves.
Abel was wearing beach shorts and sunglasses, lying on a deck chair, blowing the sea breeze in the sunset, listening to the rustling of the leaves of the dense coconut forest, looking at the blue sea and the soaring eagles. He felt better.
Today is April Fool's Day.
A few days have passed since he left Hong Kong Island and came to Singapore.
During the few days on Hong Kong Island.Although the Chinese culture on Hong Kong Island is somewhat unauthentic, it is mixed with a lot of impurities after Westernization.
But he still experienced a trace of Chinese elements that are difficult to experience in the United States, even in Chinatown.
This can barely be regarded as comforting a small part of the nostalgia in his soul that is just around the corner.
So after the dinner at No. 26 Garden Road, he left Hong Kong Island the next day.
During the period, I passed through Thailand, stayed in Siam for two days, and then arrived in Singapore.
In Singapore, Abel originally planned to stay for a day or two at most.
Because for him, this tiny place is really not attractive.
It wants nothing, except a Strait of Malacca and a stock market with a decent size.
In other respects, it is difficult to describe the lack of resources.
A place where even fresh water is provided by Malaysia, and even most of the electricity comes from there.
Apart from its very good strategic position, there is really nothing to covet.
Moreover, it is very similar to Hanguo and Neon. There are US military bases stationed there, and the key points are in the hands of the United States.
Usually, in this kind of place, the masters from the United States come, that is, the masters from Singapore...
No, the night Abel arrived in Singapore.
I made a special trip to visit him.
At that time, Abel happened to be hosting two Americans who were working in Singapore.
The two men were named Benjamin de Seural and Ellis Parker Butler.
The one in front is the US ambassador to Singapore.
And Ellis Parker Butler is the current commander-in-chief of the U.S. 7th Fleet and one of the main leaders of Zhangyi Base.
When Boss Li saw these two at Abel's place, he was naturally surprised and took it for granted.
Because the envoy Benjamin de Seural was himself the reappointed American envoy to Slope after the shrubs lived in the white house.
As for Ellis Parker Butler, he's a Texan.
The two would visit Abel who was passing by, and Chief Li thought it was very easy to understand.
That night, everyone had a great time.
But at Abel's place, knowing that Abel was really just passing by, he didn't plan to show up in public, and he was leaving in a few days.
Boss Li couldn't help but heaved a sigh of relief, he didn't just come here to make trouble.
So the authorities chose to open the door to Alberta in all aspects.
So much so that Siloso Beach, a famous tourist attraction in Singapore, is one of the favorite places for foreigners.
All because of someone's arrival, it was temporarily closed for a few days, and the closing time is to be determined.
Whenever someone wants to go, open up.
And to do so, just for someone to experience the pure beauty of Singapore.
And basking in the sun for a while, blowing the sea breeze for a while.
As the sun set, Abel returned to the villa. After washing off, he came to a large room in the manor.
There were dozens of computers in the room, and dozens of blond-haired and blue-eyed Europeans and Americans were sitting in front of each computer and busy.
David Mellon, president of Smith Financial Group and CEO of Smith Capital, who was supposed to preside over the overall situation in New York, was shuttling through the crowd in the room.
Seeing the boss coming in, the other staff turned a blind eye and continued with their work.
David Mellon, who was staring at a monitor, got up and came to Abel.
"Oh, Your Majesty~ You came just in time."
The heir of the New York Mellon family, his eyes are slightly red, his hair is a little messy, but his spirit is very excited.
"As you said, those people... those rotten enemies, they chose to do more!"
David said loudly.
More than a year ago, Abel defeated the alliance of several major investment banks in New York head-on.
David, who participated in the whole process, and the older Smith Capital employees worshiped Abel a little crazy.
Calling Abel their king and engaging in feudal idolatry in the company.
This kind of worship has also been made into the characteristic corporate culture of Smith Capital.
Abel was against it at first, but David and the others were justified.
They said that any of the long-established and powerful investment banks on Wall Street, or financial companies.
Inside, almost all have their own characteristic culture.
For example, on a certain day of the year, everyone collectively goes to call the girls, and the company will reimburse them...
In some cases, the third week and the third day of every month is the company-wide group fitness day...
In some cases, on a certain day of a certain month, all employees will change into women's clothes; on some days, they will bring food to the company to share, etc.
In short, each has its own characteristics.David felt that the existence of Smith Capital itself was entirely based on Abel alone.
That Abel was to Smith Capital the wise king of old.
In ancient Europe, the strength of a country was often determined only by the virtuous king.
Then Smith Capital should respect Abel like a virtuous king.
Coupled with a little bit of flattery, this kind of culture is finally formed.
Now, after Smith Capital merged with other Texas financial companies, it evolved into Smith Financial Group.
David and other Smith factions are trying to expand the corporate culture that originally belonged exclusively to Smith Capital to the culture of the entire financial group.
The Texas faction naturally resisted this.
They admire Abel, but they have never seen Abel's operation.
It's not like Smith Capital, which relied on Abel to start the whole process.
The two sides are currently wrestling.
And Abel...Of course he supported David and the others.
Not to mention that this is his direct descendant.
Just the feeling of being adored can be addictive.
What's more, both Abel himself and the think tanks of the Smith Thinking Group believe that this corporate culture will help strengthen Abel's influence in Smith Financial Group.
If it can spread out, it can even affect the entire Texas consortium.
It can be cool, and can strengthen control and influence, how could Abel not support it.
"Let me see……"
After listening to David's words, Abel walked in front of several big screens.
Half of these large screens display global real-time economic and political news.
The other half shows the quotations of various foreign exchange and futures markets around the world.
These days, there is a reason why Abel is not in a hurry to leave Singapore, which he doesn't think much of.
On the day he left Hong Kong Island, his talent forewarned something in advance.
Someone, a very powerful person or force, has his eyes on him.
This made Abel change his itinerary.
He originally wanted to go directly to Singapore.
But because of this warning, he deliberately went to Thailand to stay for two days.
During his stay in Thailand, David in New York received orders from Abel.
Then David led a group of Smith Capital's earliest operator elites to leave New York and arrived in Singapore one step ahead of Abel.
Abel asked them to temporarily build a financial safe house here in Singapore.
That is the reason why these people in front of me and why David appeared here.
from the beginning of last month.
Abel asked Smith Capital to slowly establish a yen position contract in the foreign exchange market, as well as a spot gold futures contract.
It started when Abel arrived in Singapore a few days ago.
On his orders, traders officially began building positions, shorting USD/JPY.
Standing in front of a big screen showing quotes.
Abe 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 come to an end, and now it is in the highest position area.
In terms of fundamentals, the direction of USD/JPY is remarkable.
It is very unlikely that the Central Bank of Neon and the government of Neon will continue to guide the depreciation of the yen, thereby boosting the country's exports.
Moreover, the boosting effect of the depreciation of the local currency on export-oriented economies is relative and unsustainable.
On the one hand, neon companies need to afford increasingly expensive imported raw materials and energy while enjoying the commodity price competitiveness brought about by the depreciation of the local currency.
Therefore, the excessive depreciation of the domestic currency will bring about a narrowing of the value-added space of export enterprises in the industrial chain.
USD/JPY is still in the long-term arrangement of the moving average at the moment, and the daily K-line of USD/JPY has 5 small positive lines in a row. These are all small positive lines with long tails , the upward trend began to slowly diminish.
In other words, the strength to support the rise of USD/JPY is getting weaker and weaker.
In the future, USD/JPY is expected to have a sharp drop, and now is a good time to open a short position.
"The problem is...the person who is eyeing me this time is very unusual!"
Abel thought to himself.
Already informed by his talent, Abel knew who his opponent was.
At this time, he had the same feeling as the ten-lipo sword god who had just left Novice Village and met one of the ultimate villains in the game.
Knowing that he is very strong, but because he is facing one of the strongest ultimate villains.
While feeling that I have the confidence to defeat the opponent, at the same time it is difficult to avoid the feeling of uneasiness in my heart.
Fortunately, the continuous victories have allowed Abel to build a strong psychological defense.
Newborn calves are not afraid of tigers, let alone the Shilipo Sword God who just came out of Xinshou Village!
Suppressing the trace of apprehension 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 exhaled, and the talent continued to activate.
USD/JPY is now topping out, at least in the first half of 2002.
The entire K-line pattern is also brewing a big evening star pattern.
The evening star pattern appears in an upward trend and is composed of three candlesticks.The first line is the positive line, the second line is the cross line, and the third line is the negative line.The third candlestick's real body goes deep inside the first candlestick's real body.
This is also the perfect opportunity to open a short position.
Since this time, Smith Capital has established 20 short lots.
Especially in the past few days, every time a position is built, it is testing the highest position of USD/JPY.
Because of those people, Abel just let the traders short a thousand or two thousand lots at a time.
Only when he appears in person and directs the transaction in person, will the number of shots increase and increase.
At present, on Abel's side, the average position of opening a position is 125.300, which makes Abel still in a state of floating loss.
Holding a short position of 20 lots of USD/JPY, the fluctuation of one point is 200 million US dollars. At present, Abel's floating loss is about 4000 million US dollars.
The 4000 million US dollars is just a drizzle to Abel, and he doesn't care at all.
What's more, floating losses are the same as floating profits. As long as the position is not closed, it is floating clouds.
Abel knows that if you open a position now, you can’t build too much or too fast. If you sell hundreds of thousands of short positions in USD/JPY at one time, it is estimated that the market will not be able to digest it, and it will easily cause the USD/JPY to plummet.
Abel didn't want to do this, so he slowly sold out at high positions, trying to get as much stock as possible in the highest area.
At the same time, be wary of the opponent's operations.
Betting against these people, you can't expect the trend of USD/JPY to be honest.
If something went wrong with the bet, he believed that those people would dare to resort to tricks.
That's why, as soon as he came to Singapore, he found someone to get Ellis Parker Butler and Benjamin de Seural, and even the local chieftain Lee.
Both Benjamin and Ellis have a strong background in the Texas consortium, and they can be regarded as their own.
Leader Li is a local snake.
The contact with these three people is that Abel wants to avoid some kind of dog jumping situation that the opponent may have during his stay 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 already begun, and the journey back to the United States has begun to become dangerous.
That's why Abel didn't run around and chose to stay in Singapore temporarily.
It was 4:1 p.m. on April 6st.
Abel saw the current USD/JPY and rushed to the 125.400 position again. He immediately ordered the operators to short 1 lots of USD/JPY.
This approach immediately pushed down the USD/JPY by 5 points before it was supported, and then the USD/JPY began to fluctuate.
After 5 minutes, he rushed up again, and Abel chose to short 1 hands again, and suppressed it again.
Just like this back and forth, many times, USD/JPY can no longer rush to 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 strong.
Seeing this situation, and the next operation of the opponent who had a talent warning, Abel sneered and said:
"Since everyone hasn't tested where the highest point is. Then I will make one. 125.400, this is the position I set for you. The ultimate villain, Shilipo Sword God is not afraid of anyone!"
Just now, Abel was at the 125.400 position and shorted 6 lots of USD/JPY.
At present, Smith Capital holds a total of 26 short positions in USD/JPY.
At eight o'clock, when the USD/JPY fell, Abel seized the opportunity and shorted 5 USD/JPY again.
Suddenly USD/JPY fell two points again, and then was supported again at 125.350.
Abel immediately continued to increase the short position by 125.350 lots, and immediately the USD/JPY failed to stand firm at [-].
After more than ten minutes, the USD/JPY slipped many points and reached the 125.300 position.
Abel smiled and continued to short USD/JPY.
……
……
Same time, different time zones.
When night falls in Singapore.
It was daytime in New York.
Inside the unique offices of JPMorgan Chase Bank's trading department in Manhattan.
A younger, more energetic John Cleese was there in person.
The head of the Morgan family watched the dollar/yen fall again.
At the moment it has fallen to the 125.300 position.
After watching him for several hours, he couldn't help saying:
"It's a bit outrageous. Why is the opponent right every time? James, your trade seems to be targeted every time."
Not long ago, Morgan and Rockefeller, who failed in the "showdown", saw that Abel did not cooperate.
The two sides decided to break Smith's undefeated golden status, forcing Abel to negotiate with them and forcing Abel to accept their terms.
After he and David made a joint decision, the operation began.
Of course, the specific tasks of market making and trading, buying and selling, etc., naturally don't need the two of them to do it.
As the core figures of a huge group, what John and David need to do is to make up their minds and make good decisions.
Then contact other allies, persuade or use other methods to get allies to support their decisions.
Wait for everyone to unify their opinions and let their will be issued.
Then the huge consortium machine, the relevant parts will naturally start to operate.
After that, all they need to do is to stare at the market and be ready to counter each other's off-market and intra-market moves at any time.
Or come up with useful off-board moves and inside moves to hit the opponent, thereby increasing your winning rate.
Because it has just started, neither side has yet to make an outside move.
In other words, the real confrontation has only just begun at this time, and it is not yet intense.
David has low energy, John Cleese has good energy.
Today John Chris came to inspect the trading room.
As a result, he saw the marketing department of Morgan Chase. In the confrontation with the opponent, he was almost completely at a disadvantage during the few hours he was there.
Seeing such a question from the top boss.
The head of JP Morgan's trading department and one of the presidents of JP Morgan Chase Bank, James Robinson is sweating profusely at this moment.
James Robinson previously worked for Citibank.
In April 1998, the shocking merger of Citigroup and Travelers Group created a precedent for mixed operations on Wall Street.
In that change, James Robinson and his boss, Jamie Dimon, were shuffled out in a reshuffle of power.
Jamie Dimon then went to First Bank of America as CEO.
James Robinson originally wanted to follow, but was introduced to JP Morgan Chase Bank by the other party.
Because of his excellent investment ability, James Robinson has been promoted several times at JPMorgan Chase and is now the director of the marketing department and the president of the bank.
In the past three years, this top investment banker has earned more than US$20 billion in net profits for the company every year.
At this moment, I don't know how to explain it to John Chris.
Because just now, during the few hours when John Chris watched the battle.
James Robinson makes trading decisions against Smith Capital every time.
Almost all of them were dealt with immediately, and were brought back by the anti-general.
The details here are complex and difficult for non-industry personnel to understand.
To put it simply, the two armies are at war.
James Robinson is the blue army, and the opposite is the green army.
Every time the blue army just made a little movement, they hadn't reaped the results of the battle, and even the bullets hadn't been fired.
As a result, the green army reacted at the speed of light, leaving the blue army blocked without even a chance to pull the trigger.
To put it simply, James Robinson is playing games like WAR3 and Red Alert.
At the beginning of the game, when everyone can't see it.
On the other side, it seemed as if the whole picture had been opened, targeting James Robinson step by step from the beginning.
The key is that John Chris is watching from behind.
The chief trader, James Robinson, was naturally nervous and broke out in a cold sweat when he asked him such a question.
Could it be that there are spies on the opposite side of me?
Otherwise, why is the opponent's prediction so accurate every time?
It's too uncomfortable!James Robinson was a little flustered.
Seeing James Robinson sweating profusely, John Chris frowned.
After thinking for a while, John Chris said: "You continue your work, I'll make a call."
A few minutes later, James Robinson saw John Cleese walking back.
The head of the Morgan family said with excitement and curiosity:
"My intelligence shows that Abel Smith is currently operating the opposite! James, the person who made you feel so uncomfortable just now is the investment god of Wall Street!"
His voice is a little bewitching, but also encouraging James Robinson.
"Whether you can succeed in killing God and become the CEO of JP Morgan Chase. James, it depends on whether you can defeat Smith head-on. This is a rare opportunity, and David and I will support you behind."
(End of this chapter)
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