So, let us see how one can catch them. The best place to begin is: overstated movements with a normal consensus that the move would go on forever from so called the experts. When you find a move like this one, start observing your forex charts. It is a fact that the powerful bearish and bullish moves do fall down if the news is at its bearish or bullish respectively. The human nature has however pushed these prices quite far from their actual value sand hence the change is likely to occur.

One can easily spot these moves by using the following tools:

• Relative Strength Index- this is the best contrary signal. Observe for the relative strength index to be oversold or over bought and observe for a turn down in a bull market and turn up in a bear market.
• % Bullish- this is another good contrary signal when the % bullish is more than 80% in the forex market the prices are overbought and if they are below 20% the prices are oversold. It is important to keep a watch on this signal with the relative strength index in order to find out the potential trading set ups.
• Observing for the levels of entry- once you begin observing these signals representing a bottom or top; it is the perfect time to observe for an entry in the opposite direction. One can do it by observing the resistance and support to hold and form.
• Time your entry- here; one can make use of the stochastic momentum in order to represent the price momentum going in the other direction towards the prevailing trend. Actually, one needs a cross of the stochastic momentum to the bearish divergence in a powerful bull market or the opposite in a bear market. A majority of people may disagree with you. However, this should not worry you. Always remember the large majority might be wrong at significant turning points in the market, hence it is better they do not.
• Best contrary trades do not come every time- you will find only few of these trades in a year, wherein the different elements come altogether, and when they do, you can trade at a lower risk with higher profit potentials.