Opening a position in the opposite direction of trending that reached the trade’s entry point is a fade, or fading the trend. Its goal may be to scalp a brief counter-trend reaction, or in anticipation of a substantial trend reversal.
Opening a position in the opposite direction of trending that reached the trade’s entry point is a fade, or fading the trend. Its goal may be to scalp a brief counter-trend reaction, or in anticipation of a substantial trend reversal.