Kevin_Lomax

Kevin_Lomax

Detail on chart

Kevin_Lomax

Here is my current long term outlook for the Euro. As you can see price has confluence of channel support with the long term channel going back decades, and shorter term channel dating back to around 2008. While that does look bullish price is also faced with several upcoming major levels of resistance. As price clears these levels I will be looking on shorter...

Kevin_Lomax Updated 

See earlier analysis

Kevin_Lomax Updated 

Broken Support tested as Resistance at 164 area. Wait for break of strong support at 160 area. See my earlier posts for a complete analysis of this pair.

Kevin_Lomax Updated 

Explanation on chart Comments/feed back welcomed

Kevin_Lomax Updated 

Long term perspective. Bandwidth on daily has risen sharply, weekly overall flat, but you can clearly see the increase in volatility from last week in price action. A good entry point would be to wait for more confirmation on weekly. You can see that one weekly bar only generates a small amount of increased volatility relative to past movements on Weekly. This...

Kevin_Lomax Updated 

Explanation on chart See more detail on first idea

Kevin_Lomax Updated 

Long term head and shoulders pattern forming. Weekly Trend Line broken, Trend reversal confirmed with break of 50 period moving average. Entry below break of upcoming support and 200 period moving average. I don't use TPs. (Excuse poor drawing of head and shoulders tool)

Kevin_Lomax Updated 

This pair has been in consolidation since 2013. It now could be possibly approaching a break-out. As always with my long term set ups, I wait for confirmation. Price broke above 50 period moving average, showing that the Trend is turning Bullish. I use Bollinger Bands and Bandwidth to indicate volatility and nothing else (No basis line used on my bands). As...

Kevin_Lomax Updated 

Have been watching this stock progress through a strong bear trend. Ideally before entry I'd like to see clear direction on the indexes. Price is trending strongly on Weekly and Daily time frames. Taking a look at weekly we can see price is resting the monthly .500 Fib, around 70.00. This is a strong level for price, and if we can break and close below the...

Kevin_Lomax

At channel support we also have the 50 day simple moving average, and a support zone around .77-.78. Looking for price to head to .800 and clear that resistance level for a strong trend continuation.

Kevin_Lomax

Explanation on chart. Thank you for viewing, I appreciate it.

Kevin_Lomax

Price broke below the 50 week period moving average, signaling a change in trend. Trend line was broken with a high momentum Bearish candle. Price broke below 100 week period moving average, and retested this level as resistance. Currently consolidated in an area of support. If price can break below this level I will sell another position on this pair. After...

Kevin_Lomax

Explanation on chart

Kevin_Lomax Updated 

Long term perspective (Look for targets on Weekly-Monthly, 150 area support is a good first target) Explanation on chart ( Please Note horizontal lines should be viewed as zones! Price does not need to reach the trend line nor horizontal line to be confirmed. Drop down to smaller time frames and look for a CTL break)

Kevin_Lomax Updated 

I don't think it needs much explanation. I've been long for sometime now, but as you can see we are approaching major reversal zones.

Kevin_Lomax Updated 

I have been Long gold for sometime and as you can see from my original ideas on Gold I have made some nice profit. I'm keeping my Bias neutral for now, but we have some undeniable Bearish signs that have caused me to close part of my positions. Check my original charts. The bull move is still intact. Major support approaching.

Kevin_Lomax

I'm sure a lot of us have seen this chart I'm just applying his idea as I think it is a great way to view the strength of currencies relative to one another. Especially for a trader like me who is a trend trader. Here we can see the Pound (red line) in an overall strong bear trend, while the Yen (blue line) has been in a bull trend for sometime. I have been...