I assume you're going to attack American foreign policy in the middle east as well. And you know what? I'm going to agree with you. I think it's been a total disaster. But the topic is China, not the US. We can discuss that at a later time, and I'll ...

EURUSD

That arrogance is their biggest flaw. I'm not very concerned though...some people think this will be the Chinese century. I think they're shooting themselves in the foot too often to really even have a chance.

EURUSD

Either you're a troll or you're an idiot. Get out of my thread.

Martingale Simulator (you go bankrupt every time)

I agree. Let's see how China fares against all of the neighbors it's been screwing over the last two decades. For a nation that supposedly thinks long term, they haven't cared much for investing in foreign relations.

EURUSD

It doesn't take a genius to add one and one together to see what the Chinese have in mind. They have an aggressive expansionist policy that they've pushed on Tibet, Taiwan, India (as of last year they invaded and now occupy part of a desert region ...

EURUSD

The Chinese Communist Party thinks they own the entire East China Sea..."international" property is not something they recognize. IIRC they got mad at one of their neighbors for bringing one issue to international arbitration.

EURUSD

Good for them. The only way to prevent the Chinese strategy of intimidation from working is to call their bluff. If nobody accepts their demands they can't continue to build their claim.

EURUSD

Probably. China was stupid to make this political move, now they have no way to save face and it opens the door to everybody else ignoring it as well.

EURUSD

It was already tested. They flew two bombers over the area yesterday during "routine" exercise. The Chinese media is all upset about it but they don't have any will to actually start a fight.

EURUSD

Just saying, this looked a little bearish with yesterday's move. Obviously nothing is ever certain but that little consolidation and drop was very telling that someone is loading up.

EURUSD

Another 6 and a half hours here until that happens, but same to you.

EURUSD

You have it backwards. If they have no stop loss, there's nothing stopping the market from tanking against their position and exposing them to unlimited losses up to the margin call. If you employ a stop loss, you tell your broker you're willing for ...

Martingale Simulator (you go bankrupt every time)

This is a fun old thread. INTJ, have taken this test so many times before, always the same thing. Here's a VERY simple 4 question version which matches you with a Simpsons character. I wouldn't put much stock in it being too accurate but it gave me ...

What personality makes a trader

I was long all last week until yesterday when I closed it. Thinking more along the lines of seeing some correction at this point, but my actual position is flat on EU. Giving a shot at a short on EUR/CAD though.

EURUSD

What makes you say that?

EURUSD

I only do this in my spare time since it takes up such little energy to do, but I don't have an account size nearly enough to support a good living. All in the making with steady gains but I'll certainly be working in the meanwhile! I like my job ...

EURUSD

Are you getting a break from work this week?

EURUSD

You are one of the most vile users I've seen here in quite some time. "Formations" are irrelevant, because there's no guarantee it's going to work and hand you a win. If there was, why would you bother trading any other "formation" you have? Each ...

Does the martingale system really work?

What I meant was how to calculate the position sizing based on your risk (2% in the example). Your stop loss is indeed a percent of your account you're willing to lose, and that can be entered into the parameters as discussed above. I'm not ...

Martingale Simulator (you go bankrupt every time)

Then clearly you aren't risking 2% of your account. Anybody with a brain here knows that in order to calculate your risk per pip you need to take the number of pips (including spread) before your stop loss is hit from entry and divide the actual ...

Martingale Simulator (you go bankrupt every time)