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Markets Allocation
80 % forex 20 % stocks
Top Mentioned Symbols
XAUUSD 80% | 4 GOOG 20% | 1
CoreyM CoreyM XAUUSD, 180, Long ,
XAUUSD: The gangster buy
45 0 0
XAUUSD, 180 Long
The gangster buy

Gold did a quick turn around knocking on the 5 year resistance line again but the bull case has still not been eradicated. Assuming this is a correction, I am looking to go long anywhere at the 61.8% fib retracement of the July candle to a potential flash crash point if it enters inside the pressure wedge (falling wedge) area and touches 6 month moving average. ...

CoreyM CoreyM XAUUSD, W, Long ,
XAUUSD: 1535 in gold is coming. Here's the set-up
74 0 2
1535 in gold is coming. Here's the set-up

its a pretty incredible time for gold! no retracemement for gold come monday in my opinion. should be a straight up candle and massive rally to 1535 come end of year. closing .20 above the major resistance line, on the monthly put us in mostly open skies.. plus with the completed inverse head and shoulders formed underneath on the 11 year support line (yellow) ...

CoreyM CoreyM XAUUSD, D, Long ,
XAUUSD: Long Opportunity on Gold newar Fed Speak
62 0 2
Long Opportunity on Gold newar Fed Speak

Buy gold just before the fed meeting between 1305-1298. great long opportunity if they decide to hold rates.

CoreyM CoreyM XAUUSD, 120, Long ,
XAUUSD: Nice Bullish continuation in Gold
65 1 1
XAUUSD, 120 Long
Nice Bullish continuation in Gold

It looks like Gold is ready for an upthrust in its consolidation channel. Falling Wedges (in red) typically occur when the faster moving resistance line catches up to the slower moving support line and it causes a big blowout to the upside usually, which we see on the chart. I like to confirm this pattern with the inverse head and shoulders that is also apparent ...

CoreyM CoreyM GOOG, 240, Short ,
GOOG: Diamond Pattern in Google says more downside ahead
37 0 2
GOOG, 240 Short
Diamond Pattern in Google says more downside ahead

Diamond Patterns in the stock charts typically signal confusion in the market place and more often than not a topping process that lead to reversals. Target prices are determined by subtracting the high of the diamond from the low of the diamond and then subtracting that gotten number from the area broken of the diamond pattern. $789.87 High -$663.50 Low = $127 ...

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