INSIDE THE NEW GDP NUMBERS
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On July 30th the Bureau of Economic Analysis ('BEA') released its "advance"
estimate of the annualized growth rate of the U.S. Gross Domestic Product
('GDP...
Implications of Key Levels & Price Exhaustion Overview
Main Points:
Price trades above a key area, buyers keep buying, price trades below a key area, sellers keep selling Look for congregation or blocks of order flow and then confirm movement through subsequent activity...
Steve W. - Independent asset manager based in New York, NY, trading foreign exchange instruments. Began trading independently in February of 2008, after leaving my job at a multi-billion dollar hedge fund based in the area. I have experience working for several large investment banks in both Asset Management and Global Foreign Exchange. This blog is an extension of my daily work, so please enjoy and I hope you find it useful. Regards, Steve (BRV)