Example of Trading Without Indicators with the WhaM Technique
Some traders consider back to basics the easiest technique to get maximum profit. Apart from applying the previous steps, there is a WhaM technique that does not require you to linger over the ends of the wicks or candlestick bodies. اف اكس
It is enough to look for a Line chart pattern in the form of the letters W and M on the chart, then the decision can be made.
wham trading techniques
The question is, why should it be determined by the Line chart? In fact, a candlestick contains more information than just a line, right?
According to Felix, manager of the Smart Forex Learning site, Line is easier to read, especially for looking for W and M patterns. https://arabicfxadvisors.com/
On the other hand, various details in candlesticks are not needed during trading without indicators using the WhaM technique. اف اكس ستريت
The existence of candlesticks is not easy, but risks confusing traders.
However, you should note that the signal identification stage does not mean that traders are only dealing with Line charts. In fact, traders still need High / Low points on candlestick patterns to find the ideal Stop Loss level.

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