BOJ interest rate hike, kills carry trade, and probably our FX strategies :(

Our FX strategies are short Yen, long everything else USD, GBP, AUD, CHF .

We benefit from the trend and the positive swap .

It is probably the end of Momentum Trend USDJPY FX+ Edition.


See here: https://momentum-trend.com/#usdjpy-stats
However I am still going to run it for a few months,

WHY?
Because I ain’t trying to do fundamental analysis, follow the trend (long $USDJPY) .
Right now it seems so obvious, to kill the strategy – end of the carry trade according to professionals and Financial Twitter/X, but most of them suck at trading  .

But if I miss an epic USDJPY rally because of what is supposed to be obvious.

I will be even more pissed off with myself for trying to be intelligent .

I want to be LUCKY, Not intelligent .

 

See the “Mid-Twit Meme” below,   

Hint – you don’t want to be the middle guy, the red arrow takes the piss aswell :

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