You guys never cease to amaze…. You buy when markets are falling and you sell when markets are rising. You obsess over intervention while ignoring huge trends going on in other currencies.
If I were you, I’d ignore USD/JPY and focus on currencies that are not being manipulated to anywhere near the extent as USD/JPY. Try AUD/USD, GBP/USD, EUR/USD…ignore USD/JPY. Buying and praying for (effective) intervention ain’t a strategy…
