Carry Traders

Looking to bring together a group op professional Carry Traders , low interest rate pairs/ against high interest rate pairs , Long term Trades / Position Traders ( Investment) , share ideas,
, Education.

Present & Happy to take part

Ladies and Gentlemen , with the upcoming interest rate decision of USD/JPY and Sterling , I'm must say they are looking appealing so far for possible opening of positions for Carry Traders , Positions , ( patience ) depending on the data released by the Fed and BoJ. Will post a few screenshots and analysis , your input would be great, ( I never base my position or timing on news , options or advice, Yet I do listing, take into consideration and also always open to grow my skills via other experience trades and investors. Participants are always welcome, Iron sharpens Iron . I'm open for corrections and additions ,

I will first focus on USD/JPY then will go to GBP/ JPY ( Gold )

WEEKLY CHART USD/JPY

- The Carry Traders did well the past few years Going Long USD/JPY with Low JPY interest rates
- We do have however divergence on RSI 21 , yet price has broken a critical level @ 152.000 and RSI 21 is above 50% level still bulls momentum present
-Weekly candle found support on the EMA 50
-When data released and RSI 21 momentum breaking the 55% level , I feel comfortable to start looking at 1 Day chart for a position to open Long , my reason for waiting on confirmation on weekly data is due to the divergence present on weekly and could be placing risk on the table, so I will wait , Fundamentals is my 1st priority 2de Technical , but will keep Technical info of analysis in consideration .
# I will pull the Trigger on 4HR chart only when momentum is present and price is supported and or above Tenkan Sen , or a bounce of the Kijun Sen , ( I don't enter if there is no momentum strength present Reason : I keep my risk @ minimal , with momentum present then I can place a SL in a profit zone +0.5% or Brake even 0.0 much faster Taking ALL RISK OFF THE TABLE , Then riding the Carry possion out into maximum possible Bullish ( Analysis coming for exit , later if Fundamentals of JPY = If we have No big surprizes like BoJ taking a Interest Rate Hike 0.5 % + That could confirm the technical analysis with the Divergence on RSI 21 that could give the Bears a play.