Understanding the forex trading term "whipsaw"
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  1. #1
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    Jun 2011
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    Post Understanding the forex trading term "whipsaw"

    Hi,

    I was looking for a forex trading word "whipsaw", widely used in forex markets. Kindly share with what this term is exactly and how can i use it?

    Thanks!
    free forex indicators

  2. #2
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    Jan 2007
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    اقتباس المشاركة الأصلية كتبت بواسطة fxindicators101 مشاهدة المشاركة
    Hi,

    I was looking for a forex trading word "whipsaw", widely used in forex markets. Kindly share with what this term is exactly and how can i use it?

    Thanks!
    free forex indicators
    Hi fxindicators101

    The term means a failure breakout of a valid trend.

    For example you have an downtrend, the breakout should be for the upside but it did not close upper the trend for TWO to THREE days or from 1% - 3%.


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  3. #3
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    Jul 2011
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