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Chris Wheal

Chris Wheal is editor He set up and ran Daily Finance in the UK and then merged it with Walletpop to launch AOL Money. He previously edited three B2B magazines, including Insurance Times, as well supplements in the Guardian. He has won awards for business and consumer journalism.

Articles by Chris Wheal Page 1


When you move your stop loss so it fails to stop losses

Have you ever widened the gap between your stop loss and your opening trade to hold a trade open longer? Have you then cancelled a stop loss order to keep your trade open? If you have, you need to think again.

Chris Wheal

Investment techniques to consider when trading

Trading can be complicated. You can use fundamental or technical analysis and the two are not the same thing. People who love charts enjoy the Elliott Wave principle and Volume weighted average price or VWAP, as it is called. Real number-crunchers love Fibonacci retracement.

Chris Wheal

Markets spooked as US inflation hints at rate rises

Higher than hoped for US inflation figures spooked the market in early trading, with indices around the world dropping sharply on the news.

Chris Wheal

Central banks urged to regulate Bitcoin and cryptos

Worldwide regulation of cryptocurrencies that could kill off their kudos has moved a step closer with outright criticism from the Bank for International Settlements' (BIS) general manager Agustín Carstens

Chris Wheal

SEC halts AriseCoin's 'fraudulent' cryptocurrency ICO

US regulator the Securities and Exchange Commission (SEC) has struck at an alleged fraudulent cryptocurrency ICO (initial coin offering), in a further blow to the cryptocurrency market on the day South Korea banned anonymous trading.

Chris Wheal
Chinese woman

Cryptocurrencies to bounce back after Lunar New Year

Some cryptocurrency traders are claiming cryptos have always fallen in January due to the Asian celebration of the Lunar New Year and they will bounce back shortly.

Chris Wheal

Europeans queue up to criticise cryptocurrencies

Steven Maijoor, chair of the European Securities and Markets Authority, has warned cryptocurrency investors they could “lose all of your investments”.

Chris Wheal
Toys R Us

Toys R Us under threat as UK pension lifeboat looks set to block rescue plans

The PPF has said it intends to vote against Toys R Us rescue plans in a move that could see the embattled chain plunge into administration.

Chris Wheal

British Gas owner Centrica admits it needs to do more to get customers off rip-off deals

Britain’s biggest energy firm said it would consider doubling the contact it has with customers on standard variable tariffs after a grilling from MPs.

Chris Wheal

Old Mutual sells asset management unit to private equity

Old Mutual has struck a deal to sell its single strategy asset management arm to private equity outfit TA Associates for £600 million.

Chris Wheal

Hedge funds add wary sterling bets before EU summit

Sterling steadied on Monday after posting its biggest daily drop in more than a month on Friday

Chris Wheal

Pound, financials push FTSE higher

A weaker pound, buoyant overnight Asian shares and growing confidence in the financial sector helped pushed British shares higher and slightly ahead of their European peers on Monday

Chris Wheal

Hotly anticipated bitcoin futures ease off after 22 percent surge

Bitcoin futures eased back from an initial surge of almost 22% to trade up 13% on Monday, in an eagerly awaited US market debut

Chris Wheal

BuzzFeed plans job cuts reorganisation after revenue miss

BuzzFeed is laying off about 100 employees and reorganising its advertising sales and business operations as it moves away from relying purely on native advertising

Chris Wheal

Nasdaq plans to launch Bitcoin futures in first half 2018

Nasdaq and broker Cantor Fitzgerald are looking to join the rush on Wall Street to trade bitcoin, which powered above $11,000 on Wednesday.

Chris Wheal

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