RTR Momentum Trend EA $USDJPY carry trade strategy is most probably over 🪦 RIP, 😢. https://t.co/GxVZpBMT3H
— Retail Trading Realities Ltd (@RTR_Forex) August 4, 2024
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 .
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See the “Mid-Twit Meme” below, Â
Hint – you don’t want to be the middle guy, the red arrow takes the piss aswell :
How to stop being a mid-curve trader and start profiting with right and left curvers?
— Coin Post (@CoinPostMedia) January 22, 2024
Can't stop trying to always be right and want to start making money?
Read this 👇🧵 pic.twitter.com/ErAMyyKY6T