Some traders like to trade the data, counting on a bounce one way or the other as other traders react to outcomes that differ from the forecast—without regard for how that data fits into the Big Picture. Others trade the chart, assuming that if news is important enough, the response will be reflected on the… [Read More]
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About Barbara Rockefeller
Barbara Rockefeller is an international economist and essayist with a degree in economics from Reed College and MA from Columbia University. She worked in the foreign exchange departments at European American Bank and Citibank. Currently Barbara writes a daily foreign exchange technical analysis report and is one of the last few independent economist. You can find more of Barbara's work at http://www.rts-forex.com.
Barbara's latest book is The Foreign Exchange Matrix: A new framework for understanding currency movements.