Inspired by the melancholic, unruly beauty of this postindustrial ruin, where nature has reclaimed a once vital piece of urban infrastructure, the new park interprets its inheritance. It translates the biodiversity that took root after it fell into ruin in a string of site–specific urban micro-climates along the stretch of railway that include sunny, shady, wet, dry, windy, and sheltered spaces.
Trading the later part of the New York session
As London closes for the day, volatility will have a tendency to decrease drastically. From the same chart we looked at above, that showed the average hourly moves by hour of day in EUR/USD, we can see a markedly different tone in the average hourly move for the later portion of the US forex trading session:
As you can see, the later part of the New York session displays less volatility. Since the average hourly moves are smaller in the later stages of the New York session traders could use a different trading strategy, like a range trading strategy.
Using a range trading strategy trader take advantage of support and resistance levels. The chart below shows an example of a range trading strategy. When the price moves the upper bound (red line) traders will look to short the currency pair. When the price moves the lower bound (the green line) traders will look to buy the currency pair.
The logic behind using a range trading strategy is that as the volatility lowers, the levels of support and resistance may be harder to break and will therefore more likely hold- benefiting the range bound trading strategy.
The High Line opened to the public in sections, starting in 2009, with phased openings in 2011, 2014, and 2019. From New York City’s investment of $115 million USD, the High Line has stimulated over $5 billion USD in urban development and created 12,000 new jobs. Initially imagined as a singular, idiosyncratic, local solution, last year the High Line drew 8 million visitors and has “gone viral” as a global development model: over one hundred cities worldwide have been inspired to transform their obsolete urban infrastructure into public parks.