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Michael Parsons – Reversal Magic Video Course

Michael Parsons – Reversal Magic Video Course

Reversal Dynamics is an extremely powerful time analysis technique. Its accuracy is legendary. Based on a scientific method of wave extraction, it provides a simple and easy way to determine in advance when price will change direction, usually to the exact bar. You read right, in advance! When it comes to trading, timing is everything. Now you can possess the power over time! Take a moment and watch the video to learn more about this incredible tool. (Reversal Dynamics DVDs include six individual videos providing over 203 minutes of advanced instruction)

About the Author

Michael J. Parsons started trading in 1987 and following a series of losses embarked on a journey of research that has led to the development of several trading techniques based on a unique approach. By utilizing aspects of wave science he first developed what would later be called Reversal Magic, a time based method for predicting reversals. The accuracy and success of this method was astounding, but even astounding methods need some form of money management, resulting in the birth of Channel Surfing. He has continued to develop an emerging science of technical analysis with a price targeting method called Balance Magic. Today he continues to write about and research new methods of trading and maintains a web site at www.tradingcafe.com. Additional information on the various publications he has written can be seen at www.reversalmagic.com.

GreatestTradingTools.com in association with Parsons International Trading Institute has been teaching traders to analyze and trade the markets for nearly a decade now. Our commitment has always been to our students and their success. As a student, you are our first priority. With our innovative and advance approach to trading, coupled by our incredible support, we provide you with the very best opportunity for success.

All methods are those developed by Michael J. Parsons and are based on the geometry of the market. Each method has been extensively tested and is used by traders around the globe. Reversal Dynamics and Balance Dynamics are very unique and have no relation to Fibonacci, Gann, astrology, or practically anything else that most have encountered. Channel Surfing utilizes channels, which has been discussed by different authors before, but our approach incorporates specific rules that make the method unique and very effective. Reversal Dynamics and Balance Dynamics are predictive methods and during certain market conditions may be ineffective. No method is perfect all the time. It is strongly recommended that Channel Surfing be used in conjunction with these methods as it provides supporting trade management to improve the odds of success.

What is forex?

Quite simply, it’s the global market that allows one to trade two currencies against each other.

If you think one currency will be stronger versus the other, and you end up correct, then you can make a profit.

If you’ve ever traveled to another country, you usually had to find a currency exchange booth at the airport, and then exchange the money you have in your wallet into the currency of the country you are visiting.

Foreign Exchange
You go up to the counter and notice a screen displaying different exchange rates for different currencies.

An exchange rate is the relative price of two currencies from two different countries.

You find “Japanese yen” and think to yourself, “WOW! My one dollar is worth 100 yen?! And I have ten dollars! I’m going to be rich!!!”
When you do this, you’ve essentially participated in the forex market!

You’ve exchanged one currency for another.

Or in forex trading terms, assuming you’re an American visiting Japan, you’ve sold dollars and bought yen.

Currency Exchange

Before you fly back home, you stop by the currency exchange booth to exchange the yen that you miraculously have left over (Tokyo is expensive!) and notice the exchange rates have changed.

It’s these changes in the exchange rates that allow you to make money in the foreign exchange market.

Salepage : Michael Parsons – Reversal Magic Video Course

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