May 2, 2010

500 Potential Pips off of Market Reversal Levels

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Hello Everyone,

This past week had at least 8 great setups off of my levels. There was the potential for over 500 pips depending on how you trailed your stops and used profit targets.  Anyway, lets jump right into the market reversal levels.

Until next week, peace and prosperity,

Jeff Wilde


Key Market Reversal Levels for
May 3 - May 7

 

GBP/USD

EUR/USD

USD/JPY

GBP/JPY

EUR/JPY

Turning Point Down #3 1.5891 1.3812 97.50 151.77 130.00
Turning Point Down #2 1.5703 1.3643 96.27 148.95 127.83
Turning Point Down #1 1.5479 1.3424 94.70 146.09 126.08
 
Turning Point Up #1 1.5131 1.3183 93.00 141.58 123.02
Turning Point Up #2 1.4980 1.3000 91.56 140.00 121.37
Turning Point Up #3 1.4786 1.2750 90.45 137.91 119.64
           
Intermediate Trend
Direction
Down Down Up Up Up
Major Trend Direction Down Down Down Down Down
 

***VERY IMPORTANT:  If you are new to our forex market forecast service I urge you to get up to speed on how to get the most out of it.      This will also explain what the abbreviations I use mean. To get all the details click this link:

Here is a video that will teach you how to get the most out of this newsletter. TO VIEW CLICK HERE:

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