Lots of people seem to use the term "fade". It seems to mean something like "disregard" judging by the context. Can someone give a fairly detailed explanation of what this means precisely in terms of the markets?
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Dislikedit means just what you said..."disregard". but maybe more precisely, it means taking a contrarian approach to the action.
if you fade a move, its like saying "bullshit!!!"Ignored
Dislikedso if it means to "fade the retrace", do you disregard the retrace as a legitimate move in the other direction, or do you disregard the retracement as a false move in the other direction and go forth in the original directionIgnored