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Simple Three Step Bollinger Band Strategy That Makes Money

Top professional traders all over the world use this system to trade. It works on any time frame but produces better results on the longer time frames such as daily, weekly and monthly. If used properly it can help you make money. The first step in the system is identifying one of three specific candlestick patterns. There are over 80 Japanese candlestick patterns however, we are only interested in the strongest patterns. The strong patterns we are looking for are dark cloud cover, bearish engulfing patterns, bullish engulfing patterns and piercing lines. Each of these patterns need two candlesticks to form completely. The second candlestick is the most important and it must appear very strong. The first thing we need is a strong candlestick pattern. A order should not be placed unless a strong candle stick pattern has formed. The second step is the candlestick pattern must have a strong Bollinger band break out of the upper or lower bands. The first and second candle must break out of...

Personal Income and Outlays, May 2022

  Personal income   increased $113.4 billion (0.5 percent) in May, according to the Bureau of Economic Analysis (tables 3 and 5).   Disposable personal income   (DPI) increased $96.5 billion (0.5 percent) and   personal consumption expenditures   (PCE) increased $32.7 billion (0.2 percent). Real DPI  decreased 0.1 percent in May and  Real PCE  decreased 0.4 percent; goods decreased 1.6 percent and services increased 0.3 percent (tables 5 and 7). The  PCE price index  increased 0.6 percent. Excluding food and energy, the PCE price index increased 0.3 percent (table 9).   2022 Jan. Feb. Mar. Apr. May Percent change from preceding month Personal income:        Current dollars 0.0 0.6 0.6 0.5 0.5 Disposable personal income:        Current dollars -1.3  0.6 0.6 0.5 0.5      Chained (2012) dollars -1.8  0.1 -0.4  0.2 -0.1  Persona...