fading common obvious moves

has anyone here experimented with fading moves that are obvious? for example, shorting a new high for the day... or buying the first close under a 200sma. just wondering what people think about this type of trading?

 

The idea is not to fade, the idea is to trade failure

 

I've done this in the past, but the win/loss ration is very low. If you can keep your losses minimized, and all other factors like the futures, the sector, and others come into play, you can make good money on it. But the key is the loss minimization.

 

The first move you trade
If it fails then you must fade
The fade of the fade