Need VFD education

[AllenV]

Well done!
Make sure that the low voltage switch wires never come in contact with the high voltage wires/terminals- damage is sure to occur
Masking tape, cardboard over the terminal strip(s) is good insurance

Which model of Enco lathe? Is the forward/reverse a lever on the carriage?
Does your machine have a pair of microswitches or the older "barrel" style switch?

Just found this thread and its not too old so I'll offer one model of Enco lathe with F/R switching mounted on the carriage.
My Enco 510-2585, built in 2008.

The yellow arrow in the image points to the Forward/Off/Reverse lever. Up is forward. Down is reverse. Middle is off.

We still don't which the OP is working with.

 

[AllenV]

Oops, forgot to mention it is a 13x40