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Dollars everywhere – so where’s the inflatio
Money supply is rising fast, so where is the inflation? U.S. consumer prices rose 0.4 percent in February, but that was mostly gasoline. Year-on-year, inflation is above the Fed’s 2 percent target but not by much. Yet money supply is going through the roof. Either inflation is on the way, or Milton
simply effective strategy.
STEP 1 Open up a daily chart STEP 2 Add the following indicators on the chart. - Bollinger band (20,2) - Stochastic Oscillator (5,3,3) STEP 3 Look at price touching upper or lower band for the first time. If price touches upper band, wait for following candlestick to open. If bearish enter on next