Suppose you believe that the currency prices will not be able to follow through action in the direction of the breakout. Fading breakouts refers to trading against breakouts. When we believe that breakouts from support and resistance levels to be false and unsustainable we fade breakouts.
Fading breakouts tends to be more effective as a short term strategy. It is not meant to be a long ...
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What are the factors that influence the market sentiment? Interest rates play a major role affecting the supply and demand of currencies. Trends in interest rates are one of the most significant factors influencing market sentiment.
Every currency in the world has an interest rate attached to it. These interest rates are decided by the respective central banks. FED determines the ...
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