I have been following the JPY for some time, with my friend SS. He sent me last a few charts, confirming that the historically low bullishness (or high bearishness) has reached a new extreme, and that at the same time commitment of traders is showing extreme long speculative positions on the JPY, extreme long positions on the JPY by commercials, and the opposite extremes on the AUD, one of the bubble currencies to pop in the coming debacle.
Consequently, I have opened a short AUD/JPY position in addition to my short USD/JPY position and the long USD/EUR position that I had opened a few days ago.
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