Understanding the forex trading term "whipsaw"

[fxindicators101]

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

[جاد السقا]

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%.

[الطموح1110]

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