What is

Hello,

sorry to bother you with this but, could anyone describe what do the following phrases mean?

“to fade a rally”
“to sell a rally”

Thank you and best regards.

Rafa.

As far as I know a rally is when the market goes up or put this way the bulls rally togeather and win over the bears… and selling it would mean selling after the rally I would assume. I dont know what fading means…

I’m intrested to hear a slightly longer-winded reply from sombody who can say firmly that they know what they are talking about :slight_smile:

I haven’t heard that term for a while, but I believe it’s in reference to counter trend trading. There are always dips as prices move up, and fading the rally would be to pick up some pips as they temporarily dip down.

thank you mastergunner99!

Another kind member gave me a similar answer.

When a rally is fading it means it’s loosing its power, so, sell when the rally is fading, fade a rally or sell a rally would be the same.

thanks again!

Rafa.

Sorry, the thanks go to both mastergunner99 and Simmy!!!

Then thank you :slight_smile: