Trend channels are one of those chart formations that traders love. They provide security and ample opportunity to profit from price swings in both directions, while still calmly continuing a larger up and down move (unless we have a horizontal channel that is). But are there any risks when trading a channel and how exactly
Job opportunities scream from posters at an employment fair in central China’s Zhengzhou. “Join us for the future!” urges one advertising positions for graduates to sell electric vehicles. Others seek “courageous” candidates or “attractive females” to sell medical equipment. But many of the jobs require 70 hours of work a week and command salaries as
© AP The US and Germany are under intense pressure from other allies to show greater support for Ukraine’s eventual membership of Nato, just days before the military alliance’s leaders meet in Lithuania. Washington and Berlin have backed a form of words for the summit’s concluding statement that does not fully endorse a “pathway” to
The US and Germany are under intense pressure from other allies to show greater support for Ukraine’s eventual membership of Nato, just days before the military alliance’s leaders meet in Lithuania. Washington and Berlin have backed a form of words for the summit’s concluding statement that does not fully endorse a “pathway” to Nato membership,
US president Joe Biden said on Sunday that Israeli prime minister Benjamin Netanyahu’s cabinet contained some of the “most extreme” members he had seen, accusing them of being “part of the problem” in the occupied West Bank. Asked on CNN if Netanyahu would be invited to the White House, Biden reiterated his long support for
Nonfarm payrolls rose by 209,000 in June, below economists’ expectations of an addition of 240,000 jobs. Although the figures show a cooling labor market, market observers remained concerned as the average hourly earnings growth held steady at 0.4% from May and 4.4% from a year ago. The report did not alter expectations of a 25 basis
Democratic presidential candidate Robert F. Kennedy Jr. owns up to $250,000 in Bitcoin (BTC), in contrast to his previous claim that he was not an investor in the leading cryptocurrency. A record obtained by CNBC shows Kennedy Jr. owned between $100,001 and $250,000 worth of Bitcoin at the end of June. The investment was made
The BBC has suspended a male member of staff after allegations about the personal conduct of a presenter pitched the national broadcaster into crisis. The BBC on Sunday confirmed that it has been investigating the allegations since May, with politicians piling pressure on the broadcaster to “get its house in order” given criticism of how
Moscow has accused Kyiv and Ankara of violating the terms of a high-profile prisoner exchange after President Volodymyr Zelenskyy returned home from a visit to Turkey with a group of Ukrainian commanders. The commanders had led the defence of the bombed-out city of Mariupol before they were forced to surrender last spring at the end
Labour has a huge lead in the opinion polls and seems likely to win the next general election. A big part of the reason is that the economic record of the UK under the Conservatives has been dismal. But can Labour turn this round? Some improvement is no doubt possible. But it is essential to
Bitcoin (BTC) will suck in “all prosperity gains” in future and leave behind those who have no exposure as a result, a new prediction says. In a Twitter thread on July 8, investor Luke Broyles delivered a bold vision of how Bitcoin would become “society’s base money.” Investor tells would-be Bitcoin buyers: “Get off zero”
In this article MDB MU CCL AMZN Follow your favorite stocksCREATE FREE ACCOUNT Sanjay Mehrotra, CEO, Micron Scott Mlyn | CNBC The S&P 500 and Nasdaq notched a solid performance in the first half of 2023, thanks to an impressive rally in major tech stocks. However, macro pressures have not abated, with minutes from the
A Salvadoran teenager shares his journey of completing El Salvador’s Bitcoin diploma program, Mi Primer Bitcoin, meaning My First Bitcoin. Now, he has returned to his former high school to educate the teachers about Bitcoin (BTC). In a series of tweets on July 8, 18-year-old Gerardo Moran revealed that El Salvador’s Bitcoin diploma program, Mi
John Shaw had never heard of a “buyout” or Pension Insurance Corporation until 2021, when his entire pension savings, accrued over four decades at the can-maker Crown, were transferred to the insurer. Once he understood the details, he was reassured. “It was a big relief to be honest,” says the 71-year-old Shaw, a former health
The head of one of the largest pension schemes in the US says it is planning to cut back investments in equity markets, in the latest sign that rising interest rates have brought an end to the “Tina” era that drove the past decade of stock price gains. Steven Meier, chief investment officer for the
US controls on investment into China would only target sensitive national security sectors, Janet Yellen has told her counterparts in Beijing during a four-day visit aimed at putting a “floor” under their turbulent relationship. Speaking at a news conference on the final day of her visit, which included meetings with Premier Li Qiang and her
Interest rates are rising, mortgage rates are multiplying, and in Britain at least, opinions are divided. Are mortgage holders suffering too much or not enough? Politicians worry about families squeezed by their repayments. The Bank of England, meanwhile, worries many homeowners are shielded by longer, fixed-term mortgages — so monetary policy cannot bring down inflation
France and Germany are leading a fightback against plans to allow large-scale commercial mining in the deep seas, warning that a China-supported push to harvest battery metals from the seabed could do lasting harm. Representatives of 168 member states of the International Seabed Authority will gather on Monday for a marathon, three-week negotiation on whether
A flaw in Revolut’s payment system in the US allowed criminals to steal more than $20mn of its funds over several months last year before the company could close the loophole, according to multiple people with knowledge of the episode. The incident, which has not yet been disclosed publicly, is likely to add further pressure
I want to share with you the advantages and disadvantages of being a day trader. If you want to trade stocks and looking to become a day trader, it’s important to understand what you’re getting yourself into and the advantages and the disadvantages. So in case you want to change and become a swing trader,
Bitcoin mining company Marathon Digital has linked the recent slump in its total amount of Bitcoin’s (BTC) mined in June to the weather conditions in Texas and a drop in transaction fees. According to a July 5 statement, Marathon Digital experienced a “21%” decline in June for the total amount of Bitcoin mined compared to the