Reversal Magic trading system - page 5

 

Reversal Update

GBP/USD Reversals

Hourly

11:00-12:00(3/03/08)

16:00-17:00

19:00-20:00

23:00-0:00*

3:00-4:00*(3/03/08)

7:00-8:00*

11:00-12:00*

AUD/USD Reversals

Hourly

12:00-13:00(3/03/08)

16:00-17:00

20:00-21:00

0:00-1:00*(3/03/08)

3:00-4:00*

6:00-7:00*

10:00-11:00*

USD/CAD Reversals

Hourly

12:00-13:00(3/03/08)

16:00-17:00

21:00-22:00

1:00-2:00*(3/03/08)

5:00-6:00*

10:00-11:00*

USD/JPY Reversals

Hourly

13:00-14:00(3/03/08)

16:00-17:00

19:00-20:00*

21:00-22:00

0:00-1:00*(3/03/08)

3:00-4:00*

6:00-7:00*

11:00-12:00*

GBP/EUR Reversals

Hourly

13:00-14:00(3/03/08)

17:00-18:00

19:00-20:00

0:00-1:00*(3/03/08)

4:00-5:00*

8:00-9:00*

EUR/USD Reversals

Hourly

12:00-13:00(3/03/08)

15:00-16:00

18:00-19:00

21:00-22:00

23:00-0:00*

2:00-3:00*(3/03/08)

6:00-7:00*

12:00-13:00*

NZD/USD Reversals

Hourly

12:00-13:00(3/03/08)

14:00-15:00

17:00-18:00

20:00-21:00*

22:00-23:00*

1:00-2:00*(3/03/08)

4:00-5:00*

7:00-8:00*

9:00-10:00*

GBP/JPY Reversals

Hourly

13:00-14:00(3/03/08)

17:00-18:00

20:00-21:00

1:00-2:00*(3/03/08)

6:00-7:00*

11:00-12:00*

EUR/JPY Reversals

Hourly

12:00-13:00(3/03/08)

17:00-18:00

20:00-21:00

1:00-2:00*(3/04/08)

7:00-8:00*

11:00-12:00*

 

Some examples from today

Often as a new week begins you will have a couple of reversals that are not in the reports, so it is best to keep a stop close and moving as the market trends on Monday. While I will not go into why, typically it is one set of a high and low that forms usually from early to mid-part of the day, although on occasion they will happen later. The rest of the week will have less of a tendency toward this.

Here are a few chart examples of the reversals we had for Monday.

In the first chart (EUR/JPY) we have a target based on an inverse where the market was expected to move up to around 157.70 and it did indeed spike up to this level. Inverses take a little more experience to handle properly, but once a person gets used to then they often become a favorite trade.

MJP

Files:
post_123.jpg  25 kb
post_124.jpg  26 kb
 

Reversal Update

All times are based on Eastern Time or New York Time. Only hourly reversals are provided.

GBP/USD Reversals

Hourly

3:00-4:00(3/04/08)

7:00-8:00

11:00-12:00

15:00-16:00*

19:00-20:00*

22:00-23:00*

AUD/USD Reversals

Hourly

0:00-1:00(3/04/08)

3:00-4:00

6:00-7:00

10:00-11:00

14:00-15:00*

17:00-18:00*

21:00-22:00*

USD/CAD Reversals

Hourly

1:00-2:00(3/04/08)

5:00-6:00

7:00-8:00*

10:00-11:00

13:00-14:00*

16:00-17:00*

20:00-21:00*

23:00-0:00*

USD/JPY Reversals

Hourly

0:00-1:00(3/04/08)

3:00-4:00

6:00-7:00

11:00-12:00

14:00-15:00*

17:00-18:00*

20:00-21:00*

GBP/EUR Reversals

Hourly

0:00-1:00(3/04/08)

4:00-5:00

8:00-9:00

12:00-13:00*

15:00-16:00*

18:00-19:00*

21:00-22:00*

EUR/USD Reversals

Hourly

2:00-3:00(3/04/08)

6:00-7:00

8:00-9:00*

12:00-13:00

15:00-16:00*

18:00-19:00*

23:00-0:00*

NZD/USD Reversals

Hourly

1:00-2:00(3/04/08)

4:00-5:00

7:00-8:00

9:00-10:00

11:00-12:00*

14:00-15:00*

18:00-19:00*

20:00-21:00*

22:00-23:00*

GBP/JPY Reversals

Hourly

1:00-2:00(3/04/08)

3:00-4:00*

6:00-7:00

11:00-12:00

15:00-16:00*

19:00-20:00*

22:00-23:00*

EUR/JPY Reversals

Hourly

1:00-2:00(3/04/08)

4:00-5:00*

7:00-8:00

11:00-12:00

14:00-15:00*

18:00-19:00*

 

Reversal Update

All times are based on Eastern Time or New York time. Daily reversals have been included on this report. A new market of USD/CHF has been added.

GBP/USD Reversals

Daily

3/03/08-high expected

3/10/08-low expected

3/13/08-high expected*

Hourly

11:00-12:00(3/04/08)

15:00-16:00

19:00-20:00

22:00-23:00

0:00-1:00*(3/05/08)

3:00-4:00*

6:00-7:00*

10:00-11:00*

AUD/USD Reversals

Daily

2/26/08-high expected

3/04/08-low expected

3/07/08-high expected

Hourly

10:00-11:00(3/04/08)

14:00-15:00

17:00-18:00

21:00-22:00

0:00-1:00*(3/05/08)

3:00-4:00*

6:00-7:00*

9:00-10:00*

11:00-12:00*

USD/CAD Reversals

Daily

2/28/08-low expected

3/05/08-high expected

3/11/08-low expected

Hourly

10:00-11:00(3/04/08)

13:00-14:00

16:00-17:00

20:00-21:00

23:00-0:00

2:00-3:00*(3/05/08)

5:00-6:00*

8:00-9:00*

10:00-11:00*

USD/JPY Reversals

Daily

2/26/08-low expected

3/04/08-low expected

3/10/08-high expected

Hourly

11:00-12:00(3/04/08)

14:00-15:00

17:00-18:00

20:00-21:00

23:00-0:00*

3:00-4:00*(3/05/08)

7:00-8:00*

10:00-11:00*

GBP/EUR Reversals

Daily

3/03/08-low expected

3/10/08-high expected

3/14/08-low expected*

Hourly

12:00-13:00(3/04/08)

15:00-16:00

18:00-19:00

21:00-22:00

1:00-2:00*(3/05/08)

4:00-5:00*

7:00-8:00*

10:00-11:00*

EUR/USD Reversals

Daily

2/29/08-high expected

3/06/08-high expected

3/11/08-low expected

Hourly

12:00-13:00(3/04/08)

15:00-16:00

18:00-19:00

21:00-22:00*

23:00-0:00

2:00-3:00*(3/05/08)

5:00-6:00*

8:00-9:00*

12:00-13:00*

NZD/USD Reversals

Daily

2/28/08-high expected

3/05/08-low expected

3/11/08-high expected

Hourly

11:00-12:00(3/04/08)

14:00-15:00

18:00-19:00

20:00-21:00

22:00-23:00

1:00-2:00*(3/05/08)

4:00-5:00*

8:00-9:00*

11:0-12:00*

GBP/JPY Reversals

Daily

3/03/08-low expected

3/06/08-high expected*

3/12/08-low expected*

Hourly

11:00-12:00(3/04/08)

15:00-16:00

19:00-20:00

22:00-23:00

1:00-2:00*(3/05/08)

3:00-4:00*

6:00-7:00*

10:00-11:00*

EUR/JPY Reversals

Daily

3/04/08-low expected

3/10/08-high expected

Hourly

11:00-12:00(3/04/08)

14:00-15:00

18:00-19:00

21:00-22:00*

1:00-2:00*(3/05/08)

3:00-4:00*

6:00-7:00*

10:00-11:00*

USD/CHF Reversals

Daily

3/06/08-low expected*

3/14/08-high expected*

Hourly

16:00-17:00*(3/04/08)

20:00-21:00*

23:00-0:00*

2:00-3:00*(3/05/08)

6:00-7:00*

9:00-10:00*

 

Reversal Update

All times are based on Eastern Time or New York time.

GBP/USD Reversals

Daily

3/03/08-high

3/10/08-low expected

3/13/08-high expected

Hourly

0:00-1:00(3/05/08)

3:00-4:00

6:00-7:00

10:00-11:00

14:00-15:00*

17:00-18:00*

21:00-22:00*

AUD/USD Reversals

Daily

3/04/08-low

3/07/08-high expected

3/14/08-low expected*

Hourly

0:00-1:00(3/05/08)

3:00-4:00

6:00-7:00

9:00-10:00

11:00-12:00

14:00-15:00*

17:00-18:00*

21:00-22:00*

USD/CAD Reversals

Daily

2/28/08-low

3/05/08-high expected

3/11/08-low expected

Hourly

2:00-3:00(3/05/08)

5:00-6:00

8:00-9:00

10:00-11:00

14:00-15:00*

17:00-18:00*

20:00-21:00*

USD/JPY Reversals

Daily

3/04/08-low

3/10/08-high expected

3/17/08-low expected

Hourly

3:00-4:00(3/05/08)

7:00-8:00

10:00-11:00

14:00-15:00*

17:00-18:00*

20:00-21:00*

23:00-0:00*

GBP/EUR Reversals

Daily

3/03/08-low

3/10/08-high expected

3/14/08-low expected

Hourly

1:00-2:00(3/05/08)

4:00-5:00

7:00-8:00

10:00-11:00

12:00-13:00*

15:00-16:00*

18:00-19:00*

23:00-0:00*

EUR/USD Reversals

Daily

2/29/08-high

3/06/08-high expected

3/11/08-low expected

Hourly

2:00-3:00(3/05/08)

5:00-6:00

8:00-9:00

12:00-13:00

15:00-16:00*

17:00-18:00*

20:00-21:00*

23:00-0:00*

NZD/USD Reversals

Daily

2/28/08-high

3/05/08-low expected

3/11/08-high expected

Hourly

1:00-2:00(3/05/08)

4:00-5:00

8:00-9:00

11:0-12:00

15:00-16:00*

19:00-20:00*

21:00-22:00*

GBP/JPY Reversals

Daily

3/03/08-low

3/06/08-high expected

3/12/08-low expected

Hourly

1:00-2:00(3/05/08)

3:00-4:00

6:00-7:00

10:00-11:00

13:00-14:00*

15:00-16:00*

18:00-19:00*

21:00-22:00*

EUR/JPY Reversals

Daily

3/04/08-low

3/10/08-high expected

3/13/08-low expected*

Hourly

1:00-2:00(3/05/08)

3:00-4:00

6:00-7:00

10:00-11:00

13:00-14:00*

15:00-16:00*

18:00-19:00*

22:00-23:00*

USD/CHF Reversals

Daily

3/06/08-low expected

3/14/08-high expected

Hourly

2:00-3:00(3/05/08)

6:00-7:00

9:00-10:00

12:00-13:00*

17:00-18:00*

22:00-23:00*

 

Reversal Update

All Times are based on Eastern Time or New York time.

GBP/USD Reversals

Daily

3/03/08-high

3/10/08-low expected

3/13/08-high expected

Hourly

10:00-11:00(3/05/08)

14:00-15:00

17:00-18:00

21:00-22:00

0:00-1:00*(3/06/08)

3:00-4:00*

6:00-7:00*

9:00-10:00*

11:00-12:00*

AUD/USD Reversals

Daily

3/04/08-low

3/07/08-high expected

3/14/08-low expected

Hourly

11:00-12:00(3/05/08)

14:00-15:00

17:00-18:00

21:00-22:00

0:00-1:00*(3/06/08)

4:00-5:00*

7:00-8:00*

11:00-12:00*

USD/CAD Reversals

Daily

2/28/08-low

3/05/08-high expected

3/11/08-low expected

Hourly

14:00-15:00(3/05/08)

17:00-18:00

20:00-21:00

0:00-1:00*(3/06/08)

3:00-4:00*

7:00-8:00*

11:00-12:00*

USD/JPY Reversals

Daily

3/04/08-low

3/10/08-high expected

3/17/08-low expected

Hourly

10:00-11:00(3/05/08)

14:00-15:00

17:00-18:00

20:00-21:00

23:00-0:00

3:00-4:00*(3/06/08)

6:00-7:00*

9:00-10:00*

GBP/EUR Reversals

Daily

3/03/08-low

3/10/08-high expected

3/14/08-low expected

Hourly

12:00-13:00(3/05/08)

15:00-16:00

18:00-19:00

20:00-21:00*

23:00-0:00

2:00-3:00*(3/06/08)

6:00-7:00*

11:00-12:00*

EUR/USD Reversals

Daily

2/29/08-high

3/06/08-high expected

3/11/08-low expected

Hourly

12:00-13:00(3/05/08)

15:00-16:00

17:00-18:00

20:00-21:00

23:00-0:00

3:00-4:00*(3/06/08)

6:00-7:00*

9:00-10:00*

11:00-12:00*

NZD/USD Reversals

Daily

2/28/08-high

3/05/08-low expected

3/11/08-high expected

Hourly

11:0-12:00(3/05/08)

15:00-16:00

19:00-20:00

21:00-22:00

1:00-2:00*(3/06/08)

4:00-5:00*

8:00-9:00*

GBP/JPY Reversals

Daily

3/03/08-low

3/06/08-high expected

3/12/08-low expected

Hourly

13:00-14:00(3/05/08)

15:00-16:00

18:00-19:00

21:00-22:00

0:00-1:00*(3/06/08)

6:00-7:00*

10:00-11:00*

EUR/JPY Reversals

Daily

3/04/08-low

3/10/08-high expected

3/13/08-low expected

Hourly

10:00-11:00(3/05/08)

13:00-14:00

15:00-16:00

18:00-19:00

22:00-23:00

1:00-2:00*(3/06/08)

3:00-4:00*

6:00-7:00*

10:00-11:00*

USD/CHF Reversals

Daily

3/06/08-low expected

3/14/08-high expected

Hourly

12:00-13:00(3/05/08)

14:00-15:00*

17:00-18:00

22:00-23:00

1:00-2:00*(3/06/08)

4:00-5:00*

7:00-8:00*

11:00-12:00*

 

Can you go into more detail as to how you actually trade these reversals? Perhaps you can post some of your trades on this forum just after you entered.

 
Files:
post_19.jpg  224 kb
 

Reversal Update

All Times are based on Eastern Time or New York time.

GBP/USD Reversals

Daily

3/03/08-high

3/10/08-low expected

3/13/08-high expected

Hourly

0:00-1:00(3/06/08)

3:00-4:00

6:00-7:00

9:00-10:00

11:00-12:00

14:00-15:00*

16:00-17:00*

19:00-20:00*

22:00-23:00*

AUD/USD Reversals

Daily

3/04/08-low

3/07/08-high expected

3/14/08-low expected

Hourly

0:00-1:00(3/06/08)

4:00-5:00

7:00-8:00

11:00-12:00

14:00-15:00*

17:00-18:00*

20:00-21:00*

23:00-0:00*

USD/CAD Reversals

Daily

2/28/08-low

3/05/08-high expected

3/11/08-low expected

Hourly

0:00-1:00(3/06/08)

3:00-4:00

7:00-8:00

11:00-12:00

13:00-14:00*

16:00-17:00*

19:00-20:00*

23:00-0:00*

USD/JPY Reversals

Daily

3/04/08-low

3/10/08-high expected

3/17/08-low expected

Hourly

3:00-4:00(3/06/08)

6:00-7:00

9:00-10:00

11:00-12:00*

14:00-15:00*

16:00-17:00*

19:00-20:00*

21:00-22:00*

GBP/EUR Reversals

Daily

3/03/08-low

3/10/08-high expected

3/14/08-low expected

Hourly

2:00-3:00(3/06/08)

6:00-7:00

11:00-12:00

14:00-15:00*

18:00-19:00*

21:00-22:00*

EUR/USD Reversals

Daily

2/29/08-high

3/06/08-high expected

3/11/08-low expected

Hourly

3:00-4:00(3/06/08)

6:00-7:00

9:00-10:00

11:00-12:00

14:00-15:00*

17:00-18:00*

20:00-21:00*

NZD/USD Reversals

Daily

2/28/08-high

3/05/08-low expected

3/11/08-high expected

Hourly

1:00-2:00(3/06/08)

4:00-5:00

8:00-9:00

11:00-12:00*

14:00-15:00*

16:00-17:00*

19:00-20:00*

21:00-22:00*

GBP/JPY Reversals

Daily

3/03/08-low

3/06/08-high expected

3/12/08-low expected

Hourly

0:00-1:00(3/06/08)

3:00-4:00*

6:00-7:00

10:00-11:00

13:00-14:00*

16:00-17:00*

19:00-20:00*

EUR/JPY Reversals

Daily

3/04/08-low

3/10/08-high expected

3/13/08-low expected

Hourly

1:00-2:00(3/06/08)

3:00-4:00

6:00-7:00

10:00-11:00

13:00-14:00*

15:00-16:00*

20:00-21:00*

22:00-23:00*

USD/CHF Reversals

Daily

3/06/08-low expected

3/14/08-high expected

Hourly

1:00-2:00(3/06/08)

4:00-5:00

7:00-8:00

11:00-12:00

13:00-14:00*

15:00-16:00*

18:00-19:00*

22:00-23:00*

 

Reversal Update

All times are based on Eastern Time or New York time.

GBP/USD Reversals

Daily

3/03/08-high

3/10/08-high expected

3/13/08-low expected

Hourly

11:00-12:00(3/06/08)

14:00-15:00

16:00-17:00

19:00-20:00

22:00-23:00

1:00-2:00*(3/07/08)

4:00-5:00*

8:00-9:00*

13:00-14:00*

AUD/USD Reversals

Daily

3/04/08-low

3/07/08-high expected

3/14/08-low expected

Hourly

11:00-12:00(3/06/08)

14:00-15:00

17:00-18:00

20:00-21:00

23:00-0:00

1:00-2:00*(3/07/08)

5:00-6:00*

8:00-9:00*

11:00-12:00*

USD/CAD Reversals

Daily

3/05/08-high

3/11/08-low expected

3/17/08-high expected*

Hourly

11:00-12:00(3/06/08)

13:00-14:00

16:00-17:00

19:00-20:00

23:00-0:00

3:00-4:00*(3/07/08)

6:00-7:00*

9:00-10:00*

12:00-13:00*

USD/JPY Reversals

Daily

3/04/08-low

3/10/08-high expected

3/17/08-low expected

Hourly

11:00-12:00(3/06/08)

14:00-15:00

16:00-17:00

19:00-20:00

21:00-22:00

0:00-1:00*(3/07/08)

4:00-5:00*

7:00-8:00*

10:00-11:00*

GBP/EUR Reversals

Daily

3/03/08-low

3/10/08-high expected

3/14/08-low expected

Hourly

11:00-12:00(3/06/08)

14:00-15:00

18:00-19:00

21:00-22:00

1:00-2:00*(3/07/08)

5:00-6:00*

8:00-9:00*

12:00-13:00*

EUR/USD Reversals

Daily

2/29/08-high

3/06/08-high expected

3/11/08-low expected

Hourly

11:00-12:00(3/06/08)

14:00-15:00

17:00-18:00

20:00-21:00

23:00-0:00*

2:00-3:00*(3/07/08)

4:00-5:00*

7:00-8:00*

12:00-13:00*

NZD/USD Reversals

Daily

3/05/08-low

3/11/08-high expected

3/14/08-low expected*

Hourly

11:00-12:00(3/06/08)

14:00-15:00

16:00-17:00

19:00-20:00

21:00-22:00

0:00-1:00*(3/07/08)

3:00-4:00*

6:00-7:00*

10:00-11:00*

GBP/JPY Reversals

Daily

3/03/08-low

3/06/08-high expected

3/12/08-low expected

Hourly

10:00-11:00(3/06/08)

13:00-14:00

16:00-17:00

19:00-20:00

0:00-1:00*(3/07/08)

4:00-5:00*

7:00-8:00*

12:00-13:00*

EUR/JPY Reversals

Daily

3/04/08-low

3/10/08-high expected

3/13/08-low expected

Hourly

13:00-14:00(3/06/08)

15:00-16:00

20:00-21:00

22:00-23:00

1:00-2:00*(3/07/08)

4:00-5:00*

8:00-9:00*

USD/CHF Reversals

Daily

3/06/08-low expected

3/11/08-high expected*

3/14/08-low expected

Hourly

11:00-12:00(3/06/08)

13:00-14:00

15:00-16:00

18:00-19:00

22:00-23:00

1:00-2:00*(3/07/08)

5:00-6:00*

8:00-9:00*

11:00-12:00*

Disclaimer:

This information is provided for educational purposes only and at no time is any recommendation being made to buy, sell or in any other way trade the Forex. All trading decisions are solely and individually your responsibility and your decision.