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Factory Orders
April 13, 2020
Falkland Islands Pounds
April 13, 2020

Fading

Published by TradersColo at April 13, 2020
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    Fading 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.

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