I thought it would be useful to share the indicators I use on my charts. I use:
1. I trade with Pepperstone @PepperstoneFX in the UK and do spreadbetting as it is tax free in the UK
Indicators:
1. Periodic Volume Profile to show the volume and POC over the last 5 days.
I totally agree and think Friday's big drop will be a small blip on a huge bull run in a year. Prices always need a bit of a pullback before going higher
The jobs report was a barnburner. Nonfarm payrolls increased by 172,000 versus expectations for 88,000, while prior months were revised higher by 93,000. Wage growth came in at roughly 0.3%. Yet the market sold off. In our view, the market is misreading the signal. It is assuming that stronger than expected employment and growth will cause a an acceleration in inflation. History would suggest otherwise. Productivity growth is running near 3%, while unit labor costs are hovering around 0.5%. Those are not the hallmarks of an inflationary boom. They are the hallmarks of healthy, productivity-driven growth that will lower inflation. Meanwhile, the yield curve continues to flatten despite a roughly 55% increase in oil prices year-over-year based on a three month moving average. In past cycles, an energy shock of this magnitude steepened the yield curve when the Federal Reserve was accommodating it. Instead, the bond market appears to be discounting something much more powerful: the deflationary impact of technological innovation, particularly artificial intelligence, which is beginning to increase productivity across broad swaths of the economy. If tensions with Iran ease and oil prices retreat, we believe inflation could move into negative territory before year-end. In our view, the Fed made a historic policy error when it raised rates aggressively into what was largely a supply-driven inflation shock in 2022. We do not believe the next generation of monetary policymakers will be eager to repeat that mistake. Notably, gold peaked on the day Kevin Warsh was appointed. The inflation trade may already be behind us. If our research is correct, the next phase of this cycle could be characterized by accelerating growth, declining inflation, falling interest rates, and a strengthening U.S. dollar. That combination would create a remarkably supportive backdrop for innovation-led equities and the technologies driving the next productivity boom. I discuss this framework in greater detail in this month’s episode of In The Know.
Just finished the @frankwrighter episode of the @PeterMcCormack show.
This guy is so eloquent he makes me feel like I don’t understand words properly, I’m just playing around with them!
Yet he delivers some seriously sharp and insightful points.
It's a great watch!
Hope to see a lot more content of Frank.
#RestoreBritain
https://t.co/NCDCk4YiOC
I sold all my remaining Bitcoin today and am going to put the money in AI stocks. I still believe BTC will go to $1m at some point but I can’t justify holding an asset that’s clearly going down when I can make money with AI
"The 6th biggest economy in the world is run by infantile fantasists with no understanding of financial markets.... There's nothing progressive about driving the economy of a cliff"📉⛰️
@LiamHalligan @ #BattleFest 2025 "From steel to railways: can the state revitalise British industry?"👨🏭🚆
👇
Almost everything this PM says now requires a community note.
The electricity price cap is not coming down because the government has managed to produce electricity more cheaply. It’s still the most expensive in the world — and forecast to become even more expensive.
The cap is reduced because the government has taken £117-worth of largely green subsidies from fuel your bills and put them on to general taxation. You’re still paying for them — just in a different way.
And as your taxes go up to meet these green levies the cap is still £73 higher than when Labour came to power. So your energy bills are not coming down — though Labour promised they would — and the overall tax burden is at a record high.
There PM. Sorted it for you.
Everyone misunderstands CISD
I was stuck in my losses for years… until I figured this out
Want the PDF?
Like, comment CISD, and repost 👇
I will DM you the PDF
@rahmaanxz I’m 3 and a bit years in and I’ve learned that it is simpler than I thought. I’ve had to unlearn a lot of the complicated stuff I learnt I. Years 1 and 2