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☆ A trading coach explains how intraday traders can use one tool to bet on rising gold prices and parlay their wins into extraordinary gains
▼ + stars: | 2024-04-27 | by ( Laila Maidan | ) www.businessinsider.com time to read: +7 min

These events tend to bring participation to the gold market because the commodity is viewed as a haven, he said. However, since the spot gold market is larger than the futures market, there is a tremendous amount of selling and buying volume for trading gold directly, which creates market depth at all times, he said. This creates more opportunities to capitalize by trading gold directly. However, in most cases, given the depth of the spot gold market (XAU/USD), order slippage is minimal, he noted. TradingViewHe emphasized that spot gold is often traded through an over-the-counter broker, and the volume bars may not be visible.

Persons: Shain Vernier, Vernier, isn't, it's, TradingView Organizations: Service, Business, HowToTrade.com, Traders, Bollinger, TradingView Locations: Iran, Israel

☆ A veteran day trader shares a chart pattern he uses to bet on volatile oil contracts that he says gives him a 90% win ratio
▼ + stars: | 2024-04-21 | by ( Laila Maidan | ) www.businessinsider.com time to read: +5 min

In a previous interview with Business Insider, he explained one of his main strategies: using the Fibonacci retracement tool to trade on price volatility. He aims to place a stop-limit buy order on a contract slightly above a previous high. It's based on the assumption that when the price begins to rally upward, it attracts more traders to the market and increases price action. ET, a time when market participation can increase for the oil market and create unpredictable conditions, he sold earlier at $79.24. He also avoids trading oil contracts when there are headlines about geopolitical instability or a breakout of war because they create uncertainty.

Persons: he's, It's, Vernier Organizations: Business, West Texas, CME Group West Texas, Traders, American Petroleum Institute, Energy Information Administration

Nearly half of all flash flood deaths are vehicle-related, experts say, which is why you should never drive into a flooded street. Here’s what to do in advance — and in the moment — to get through a flash flood safely. A “flash flood warning” means a flash flood is imminent or already occurring, and you should immediately move to higher ground if you’re outside or in a basement apartment. The most dire alert is a “flash flood emergency,” which indicates that not only is flooding occurring, but it’s posing a severe threat to human life. “People need to realize that most people who lose their footing in a flash flood don’t get out,” she said.

Persons: there’s, ”, Bonnie Schneider, Schneider, it’s, Hurricane Ida, You’ll, Ready.gov, David Markenson, ‘ It’s, Sabine Marx, I’m, Julie Munger, Munger, “, Dr, Markenson, you’re, don’t, they’re, Ms, Lynn Burttschell, Burttschell, Eugene Resnick, ’, ” Susan Shain Organizations: National Weather Service, Federal Emergency Management Agency, Cross Training Services, Columbia University’s National Center for Disaster Preparedness, Sierra Rescue, FEMA, Wimberley, Metropolitan Transportation Authority, New York Times Locations: United States, New York City, New York, Madison, Wis

☆ A veteran trader breaks down the technical-analysis tool he uses to singlehandedly determine when to enter and exit a trade
▼ + stars: | 2024-01-29 | by ( Laila Maidan | ) www.businessinsider.com time to read: +6 min

While many trading tools and indicators can be used to chart price action, Vernier says every market participant needs to find the most sensible combination for their own purposes. On the other end, a low is a "swing low" (lower candle #2) if it has a higher low on its left (lower candle #1) and a higher low on its right (lower candle #3). Bitcoin chart demonstrating the swing low candle or lower extreme and the swing high candle or upper extreme. Related storiesIf the asset price does, in fact, reverse higher upon reaching the retracement level, he sells it before it reaches the next one. This same process can be applied to a downturn, although the trader will be instead be shorting, as a bet the asset price will continue declining in the longer run.

Persons: Shain, He's, Vernier Organizations: Business

☆ Can Plastic Recycling Ever Really Work?
▼ + stars: | 2023-09-01 | by ( Susan Shain | More About Susan Shain | ) www.nytimes.com time to read: +2 min

The decision to revert the designation came after the Recycling Partnership, another industry-funded group, gave $6.7 million to recycling facilities to expand their acceptance and sorting of polypropylene.The group now estimates that more than half of recycling facilities in the United States accept and sort the material. Paul Nowak, the executive director of How2Recycle’s parent organization, sees this as a success story. The Environmental Protection Agency estimates that just 2.7 percent of polypropylene containers and packaging was reprocessed in 2018. While Keefe Harrison, chief executive of the Recycling Partnership, acknowledges that little polypropylene is being turned into new material right now, she argues that more investment in sorting and reprocessing facilities would improve the chances. Polypropylene recycling is at a “tipping point,” she said, noting that Oregon is considering including polypropylene on a forthcoming list of recyclable materials that municipalities are required to collect, sort and sell.

Persons: Paul Nowak, ”, Dell, Keefe Harrison, Matt Seaholm Organizations: Recycling Partnership, Environmental Protection Agency, Partnership, Recycling, Plastics Industry Association Locations: United States, Oregon

☆ Inside California's tiny-home takeover
▼ + stars: | 2023-02-24 | by ( Kelsey Neubauer | ) www.businessinsider.com time to read: +8 min

For the state with the most dire housing shortage, the move could be a game changer — eventually. As the US grapples with a massive housing shortage, one possible solution is playing out in California right now — and the state may have struck gold. Oregon, Maine, and Nebraska, as well as cities like Miami, have enacted laws similar to California's. There's been opposition to ADUs from homeowners worried about the density of their neighborhoods and sometimes the aesthetics of the structures. Ultimately, the housing shortage could be alleviated, she said.

Martin said the stress of being pregnant in prison without adequate prenatal care is taking a toll on her mental and physical health. Chrysti Shain, a spokesperson for the South Carolina Department of Corrections, said the prison is investigating Martin’s report of assault. Why would I cut my hair?” Martin said. According to Martin’s prison report, she has been disciplined for failing to obey orders and threatening to inflict harm on an employee. A spokesperson for the prison said all pregnant inmates are allowed to have double portions at each meal.

☆ Nava Crew Dragon-2 a companiei SpaceX a decolat spre Stația Spaţială Internațională
▼ + stars: | 2021-04-23 | by ( Publika.Md - Aici Sunt Știrile | ) www.publika.md time to read: 1 min

Nava Crew Dragon-2 a companiei SpaceX a decolat spre Stația Spaţială Internațională, având la bord un echipaj din patru astronauți, pentru o misiune de jumătate de an. Pentru prima dată, nava va transporta reprezentanții a trei agenții spațiale: pe astronauții NASA: Megan Mackartur și Shain Kimbro, un cosmonaut al Agenției spațiale europene Tomas Peske și astronautul Agenției nipone de cercetări aerocosmice Akihico Hoside. Decolarea a avut loc de pe teritoriul Centrului Spațial Kennedy, Cape Cannaverel, de unde anul trecut aceeaşi navă a săvârșit prima lansare cu astronauți la bord.

Persons: Tomas Peske, Kennedy Organizations: SpaceX, NASA Locations: Cape

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