Factory Orders
April 13, 2020Falkland Islands Pounds
April 13, 2020Fading refers to a trading strategy that used to trade against the prevailing trend. This technique may have a high risk in a trending market because running against a strong trend may reduce the profits or even cause loss.
Because a strong resistance level has been established, this technique may bring profits in a volatile market, thereby increasing the future resistance and the possibility of reversal at this resistance level.
