Comments on: GBP/JPY: Good risk-reward for the contrarian bears https://fxww.com/gbpjpy-good-risk-reward-for-the-contrarian-bears/ The Professional Source Thu, 05 Dec 2013 07:22:42 +0000 hourly 1 By: Sean Lee https://fxww.com/gbpjpy-good-risk-reward-for-the-contrarian-bears/#comment-33131 Thu, 05 Dec 2013 07:22:42 +0000 http://381c099c8f.nxcli.net/?p=11295#comment-33131 Stops being triggered in USD/JPY and EUR/USD Tom, that’s all that’s behind it

]]> By: Tom https://fxww.com/gbpjpy-good-risk-reward-for-the-contrarian-bears/#comment-33128 Thu, 05 Dec 2013 07:10:50 +0000 http://381c099c8f.nxcli.net/?p=11295#comment-33128 No idea why EUR is lifted like this when all fundamentals are against it. If Draghi fails to deliver today, it may hit 1.383 again. Sean, do you have any reasons for EUR strength, based on your experience?

]]> By: Nachiket https://fxww.com/gbpjpy-good-risk-reward-for-the-contrarian-bears/#comment-33113 Thu, 05 Dec 2013 03:39:17 +0000 http://381c099c8f.nxcli.net/?p=11295#comment-33113 whatever you are touching nowadays is turning into gold. you will join the fastest millionaire club with the gains you made this year

]]> By: Wassim https://fxww.com/gbpjpy-good-risk-reward-for-the-contrarian-bears/#comment-33112 Thu, 05 Dec 2013 03:11:36 +0000 http://381c099c8f.nxcli.net/?p=11295#comment-33112 @fxgai.
I have been doing the same :). I just really don’t understand this market. Why is the eur holding and why is the chf gaining. While commodities are losing and spx is rallying.

]]> By: fxgai https://fxww.com/gbpjpy-good-risk-reward-for-the-contrarian-bears/#comment-33111 Thu, 05 Dec 2013 02:53:08 +0000 http://381c099c8f.nxcli.net/?p=11295#comment-33111 Wassim, I’d sell rallies in USD/CHF. I should know, because I’ve been doing somewhat the opposite, and it’s not been working for me at all!

]]> By: Wassim https://fxww.com/gbpjpy-good-risk-reward-for-the-contrarian-bears/#comment-33100 Wed, 04 Dec 2013 23:44:43 +0000 http://381c099c8f.nxcli.net/?p=11295#comment-33100 Hello Sean,
I am wondering what’s your view on USD/CHF?

Thanks

]]> By: Sean Lee https://fxww.com/gbpjpy-good-risk-reward-for-the-contrarian-bears/#comment-33084 Wed, 04 Dec 2013 20:45:33 +0000 http://381c099c8f.nxcli.net/?p=11295#comment-33084 Good morning Alex. Primarily its experience, combining my reading of price-action and overall market positioning. Chart-wise, I don’t put a lot of faith in arbitrary mathematical calculations of o/b and o/s conditions. I prefer to look at the steepness of the move, whether it’s stalled at an important chart point, and whether the s/t charts are showing any signs of reversal. Put all this together.

]]> By: alex https://fxww.com/gbpjpy-good-risk-reward-for-the-contrarian-bears/#comment-33083 Wed, 04 Dec 2013 20:39:04 +0000 http://381c099c8f.nxcli.net/?p=11295#comment-33083 hi
what indicator do you use to identify over-bought or over-sold conditions?

thanks

]]>