Hello Everyone,

We had a huge week as there was over 1500 pips of trades off of my market reversal levels last week.  The GBP/JPY alone moved 1000 pips!  I dream about trades like that in my sleep!!!  :-)

Before I highlight the trades let me address the hundreds of questions I have received over the past week.  Essentially most people wanted to know what the heck I am doing to make the calls.  While I look at common things like support/resistance, fibonacci retracement and projection levels, swings highs and swing lows, congestion etc…  that is just the tip of the iceberg as they say.  Part of what I do is based on the fact that I have looked at hundreds of thousands of charts over the past 15+ years and in that time you can't help but get a feel for the markets.

I was also asked if I have a book that teaches how I come up with these reversal levels and the answer is no.  One guy was realy funny as he wanted me to pass on the info in the event I get hit by a bus.  LOL  Anyway…  For now there are no plans to teach this stuff as I simply don't have the time.  All I can say is enjoy the ride and take advantage of what I am providing here.

Here was a new question that I haven't received before:

"Lets assume you have a perfect setup at one of your buy or sell zones on a late Thursday or early Friday morning. Would you take the trade and hold it over the weekend?  Does holding positions over the weekend change any of your thinking as we get later in the week?" -Rich

Answer:   More often then not you will get a couple of good trades by Friday so at that point I wouldn't be opening any new positions.  Also keep in mind that once Friday afternoon rolls around and the markets close, I'm looking to generate a new set of market reversal levels for the upcoming week.  If a trade sets up on Thursday I wouldn't hesitate jumping in as it can have some great follow through into Friday.

Almost forgot…  Traders are really excited by the calls on this blog and have requested I include other currency pairs.  If I included all of the requests I would be up to 14 pairs.  Once again I simply don't have the time.  When I first started doing this over  2 years ago I figured it would take 2 hours tops.  Now that I have added videos, more pairs and more original articles it is taking 6 - 8 hours.  Don't get me wrong I wouldn't do it if I didn't enjoy it, but as all of you know, there isn't just enough time in the day to do everything.

Just wanted to share some comments I received over the past week…

"Just caught 200 pip on gbp/jpy really cool stuff u ve got here. thanks or helping us have a fighting chance to hit high profits without charging adime for it. Ur work is appreciated alot. Thanks for putting a smile on my face.God bless."  - Mordi

"Jeff  I cant thank you enough for the reversal numbers. I was slow to realise how good they were,but they have transformed my trading."  - Bill

  EURUSD…up 339 pips       USDJPY…up 245 pips      GBPJPY…up 586 pips

To watch video highlights of trades from last week, simply click here:

Please note that the video could take a few minutes to play depending on you internet conection speed. If you are still having trouble please go to www.adobe.com and install the latest vesrion of their "Flash Player".

Until next week, peace and prosperity,

Jeff Wilde