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  • #239,301
  • May 9, 2010 10:20pm May 9, 2010 10:20pm
Quoting TradeWell
Japan became an important trade partner with the U.S. after the war. Are you old enough to remember "made in Japan"? For those who aren't that old,it's like China now: "Oh, made in Japan again. Must be cheap".
that does not explain why we have a military there. or the communism protection part.

after all if communism was the whole reason we would still be in china. as we were during ww2 right?

hell maybe even Cuba..

I seem to remember the reason being to rebuild Europe after ww2. Some thing called the Marshall plan.

Later on it was about communism.. but not early on..My dad fought under Patton. He wanted to go all the way.

yes i remember in japan...
those who can, do. those who cant, talk about those who can
  • #239,302
  • May 9, 2010 10:22pm May 9, 2010 10:22pm
BOJ should be intervening in a few hours so it will go up then aswell
  • #239,303
  • May 9, 2010 10:26pm May 9, 2010 10:26pm
Gator, essentially I agree with you. The U.S. spends a disproportionate amount of its budget on its military, and the spending spiral over the years has gotten just as bad as anything else it spends its money on.

My last post on this. Got work to do now.
  • #239,304
  • May 9, 2010 10:26pm May 9, 2010 10:26pm
Quoting gatorinla
misdirection? i don't fall for it.
the point is U.S would have stock piles of usd. if not for subsidizing the defense of other governments. If those governments paid for their own they would be in even worse shape. They are not paying for one the most expensive parts of being a government. We in u.s. are, but for others also. the same ones we are bailing out tonight. Take off the training wheels then tell how much U.S. is in debt.
It's not misdirection at all. You also can't blame the US financial situation just on military spending or even its hegemony.

Quote
The U.S. did not leave Europe because of the communist threat, not because they felt the needed to be the defacto military for Europe. The point is militaries are used for a reason, and, in the end, it usually turns out to be an economic one.
Are you suggesting this was a selfless sacrifice, or just stating fact?

Quote
that does not explain why we have a military there. or the communism protection part.

It wasn't to protect against communism, it was to maintain power against the Soviets.
  • #239,305
  • May 9, 2010 10:29pm May 9, 2010 10:29pm
Hehe...maybe now not the time to put in a sell....
  • #239,306
  • May 9, 2010 10:30pm May 9, 2010 10:30pm
Shorting Eurusd: 1.2965
Target1: 1.2721
Stop: Above 1.2996
Getting it right is NOT as important as not getting it wrong.
  • #239,307
  • May 9, 2010 10:31pm May 9, 2010 10:31pm
Quoting fxswing
Shorting Eurusd: 1.2965
Target1: 1.2721
Stop: Above 1.2796
Yeah...wondering about shorting here as well......
  • #239,308
  • May 9, 2010 10:32pm May 9, 2010 10:32pm
Quoting BearPaw
Hehe...maybe now not the time to put in a sell....
Now you say it !

Getting it right is NOT as important as not getting it wrong.
  • #239,309
  • May 9, 2010 10:33pm May 9, 2010 10:33pm
the only reason why US cant hold a stick against china is because its the chinese that is keeping the american economy alive. lol.

we need to stop living in the past. arent a good bunch of the guys here good predictors? keke
  • #239,310
  • May 9, 2010 10:33pm May 9, 2010 10:33pm
Quoting fxswing
Now you say it !

Looks like you made a great call. 20 pips later...on the way down....
  • #239,311
  • May 9, 2010 10:33pm May 9, 2010 10:33pm
Quoting TheLastCoke
I wish I know the answer. We are +-120 pips away but I doubt it will happend today. You know how it is, longer time = lower level.
No problem, I have my setup and trade filled, we'll see how that unfolds...
Getting it right is NOT as important as not getting it wrong.
  • #239,312
  • May 9, 2010 10:36pm May 9, 2010 10:36pm
I shorted at 2952....

TP 2922...

Haven't determined stop loss yet.

Going for a quicky I hope.

+10 atm
  • #239,313
  • May 9, 2010 10:37pm May 9, 2010 10:37pm
Quoting BearPaw
Looks like you made a great call. 20 pips later...on the way down....
I have warned 5 hours ago before pulling the trigger and prepared my trade...
Do you think I'll jump to post on FF when executing my trades in real time ? come on be serious.

Quoting fxswing
Nice pump and dump opportunity in the 4H tf imho

Will Short above 1.2958 when the market open after 00:00 gmt ( in approx 02 hours and 10 minutes).

1.2721 area will be the target.

Let's see if the nasty speculators can be bullied that easily, by the clueless politicians

And what's this BS about a $645 BILLIONS emergency pack, do those people shit gold or what !!!

It's insane imho, and markets will not like it, because it's another wave of debts...
Getting it right is NOT as important as not getting it wrong.
  • #239,314
  • May 9, 2010 10:38pm May 9, 2010 10:38pm
No no...I wasn't criticizing...I was saying you made a great call...and it was too late for me to join in at that level...that's it.

Sorry it came across wrong.
  • #239,315
  • May 9, 2010 10:39pm May 9, 2010 10:39pm
Quoting BearPaw
No no...I wasn't criticizing...I was saying you made a great call...and it was too late for me to join in at that level...that's it.

Sorry it came across wrong.
No problem

Market still have a lot of time to kick my ass, so we'll see... Anything can happen.
Getting it right is NOT as important as not getting it wrong.
  • #239,316
  • Edited 10:54pm May 9, 2010 10:42pm | Edited 10:54pm
Quoting Mr J;3711154[COLOR=DarkOliveGreen
]It's not misdirection at all. You also can't blame the US financial situation just on military spending or even its hegemony.
[/color]
Are you suggesting this was a selfless sacrifice, or just stating fact?

It wasn't to protect against communism, it was to maintain power against the Soviets.
i didn't.

fact

it was for many reasons such as staying in Iraq today. we had been there
twice and figured it would be cheaper then going back a third time.

It wasn't a blank statement to protect against communism. Europe was destroyed and we didn't need the rise of another crazy to fill the void. So we helped rebuild. after the first war a painter stepped in the void. we didn't want that to happen again.. whether a communist painter or not.
those who can, do. those who cant, talk about those who can
  • #239,317
  • May 9, 2010 10:48pm May 9, 2010 10:48pm
Quoting jest1081
the only reason why US cant hold a stick against china is because its the chinese that is keeping the american economy alive. lol.

we need to stop living in the past. arent a good bunch of the guys here good predictors? keke
The only thing keeping China growing is the US. Plus China is facing some tough financial problems of its own soon. Corruption, pollution, desertification...not to mention out of 1.3 billion, 1.1 billion are still living in 3rd world conditions.
  • #239,318
  • May 9, 2010 10:50pm May 9, 2010 10:50pm
Quoting BearPaw
I shorted at 2952....

TP 2922...

Haven't determined stop loss yet.

Going for a quicky I hope.

+10 atm
you people are very brave
  • #239,319
  • May 9, 2010 10:52pm May 9, 2010 10:52pm
Quoting jest1081
the only reason why US cant hold a stick against china is because its the chinese that is keeping the american economy alive. lol.

we need to stop living in the past. arent a good bunch of the guys here good predictors? keke
not if consumers stays away from wall mart. but then again, we could finance our own debt if we quite giving it to china.
those who can, do. those who cant, talk about those who can
  • #239,320
  • May 9, 2010 10:59pm May 9, 2010 10:59pm
Quoting benssol
you people are very brave
You don't need to be brave when you have a methodology, you just execute the plans.
You win some, you lose some, and in the end you know that you will end up positive.
Being brave, refers to the fear of doing something and doing it regardless of the emotions.
Emotions should be banned from trading, when emotions starts to kick in I close all my positions and stop trading, because I know then, that I'm doing something wrong...
Getting it right is NOT as important as not getting it wrong.
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