It is very interesting to read the different posts around february 2007...
There was some bearish sentiment building but nothing big comparing to what is happening now...
The yen value is highly decorelated from is real fundamental value (which is around 20-30% higher than it is now )
Remember that technical indicator and fundamental must but used together as fundamental leads the market and technical indicator gives you the power to use the fluctuation of the market.
I'm short on GBPYEN, we will see what happens
There was some bearish sentiment building but nothing big comparing to what is happening now...
The yen value is highly decorelated from is real fundamental value (which is around 20-30% higher than it is now )
Remember that technical indicator and fundamental must but used together as fundamental leads the market and technical indicator gives you the power to use the fluctuation of the market.
I'm short on GBPYEN, we will see what happens