fable trading presents hp effective habitual practice barber bar practice Fable trading 于 2022 年 6 月 14 日呈现 hp 有效的习惯性练习理发吧练习
for the 14th of june 2022 please take a read here through the 请通过
disclaimer and the 免责声明和
copyright um today uh we have i think just the one 版权在这里阅读 嗯今天呃我们有我认为只是一个
member's question then we're going to continue 成员的问题然后我们将继续
finishing the es and i had some very good feedback about that 完成 es 和 我有一些非常好的反馈，
it really opened some people's eyes so i'm glad that is of value so we can 它确实让一些人大开眼界，所以我很高兴这是有价值的，所以我们可以
finish that chart then we're going to do something a 完成该图表，然后我们将做
little different license to trade one of uh basically today's market crude 一些不同的许可来交易一个呃基本上是今天的市场原油
uh we're going to go through that and we've got i'm going to ask you where 呃，我们会经历那个，我们已经
there's a few different styles of trading there and it was actually one of
my best days trading on crude have had for a while and i really want to share 得到了 想
that with you just because there's lots to learn from the stylistic point of 和你分享这只是因为从风格的
view and the mindset okay 角度和心态上可以学到很多东西
um and then we're going to trade fgbl does 嗯然后我们要交易 fgbl
anybody know what contract this is 有人知道这是什么合同
it's a future 这是一个未来
it is the bond yep and if everyone if for those who 它是债券是的，如果 每个人，如果对于那些
follow my work closely new or should know that i this is the first contract i 密切关注我的工作的人来说都是新的，或者应该知道我这是我交易的第一份合同，
traded uh 呃，
improp this is what they taught me to trade or 这是他们教给我的交易或
market profile so i still look at it but as obviously as interest rates you know 市场概况，所以我仍然在看它，但就像你知道的利率一样明显
it's kind of it's the vehicle that 是的，
you know it's kind of close to my heart um 你知道它有点接近我的
but yes ian you traded a while but you couldn't get the feel of it yes agreed
it does go stale it does go flat however what's occurring now
interest rates so when there's movement in the interest 心 当利率发生变化
rates you're going to get movement in the bonds and the yields so 时，债券和收益率就会发生变化，所以
that's kind of where it pays to put those on your watch list so i'm paying 这就是将它们放在你的观察名单上的地方，所以我现在正在
much closer attention to these now that i was doing a few months ago 密切关注这些，因为我正在做一个 几个月前，
okay these are my hit lists i'm i'm trading these like 400 more than i was 好吧，这些是我的热门名单，我的交易量比
in the past year or so 过去一年多 400 左右
uh okay
so a member's question here first of all this reaction or the reaction is a cob
yes it is a cob a looks like no demands now 棒子一个看起来没有要求现在
i'll ask you guys here first how would you interpret a 我会问 你们首先在这里如何解释 a
and a is this small bar here 和 a 是这里的这个小
yep agree well 柱 是的，同意很好，
i'd i'd say that the spread is definitely 我会说价差肯定
smaller 更小，
uh but yeah you look at the whole rally you 但是是的，你看看整个集会，你
can compare to this bar and this bar it's not much smaller but what's that 可以与这个柱和这个柱进行比较它并没有小多少，但是我们从 lpa 使用
what's the technical no demand 的技术上没有什么要求
that we use from lpa 是
a narrow spread up bar 一个狭窄的向上条形
with lower volume than the two previous bars beforehand so first of all it ，其交易量低于之前的两个条形，所以首先它
doesn't have lower volume second of all 没有更低的交易量其次
it's a down bar it is an up bar so 它是一个向下的条形 是一个向上的酒吧，所以
for those well literally for those reasons i'm not 对于那些从字面上看，出于这些原因，我没有
classifying this as no demand let's be honest 把它归类为没有需求，老实说，
we are in an area of supply here but you know it holds here 我们在这里是一个供应区域，但你知道它在这里成立，
yeah i'd say it's a test bar it doesn't signify 是的，我会说这是一个测试栏，它没有 t表示
great demand but it also doesn't signify great supply i mean 需求量很大，但也不表示供应量很大
well i literally was going to say would you be surprised if the next bar went up
no would you be surprised if the next bar went down
maybe you know so and we
and the way that we use no demands bar is if there's no demand 我们使用无要求栏的方式是“如果有” s 没有需求，
we should have a big widespread you know the sellers should take advantage 我们应该有一个很大的普遍性，你知道卖家应该利用，
so i wouldn't be classifying a here as no demand 所以我不会在这里分类 a，因为这里没有需求
is b here so is this rally i think he means is this a shell diver's tragedy 是 b，所以这次集会我认为他的意思是这是一个壳潜水员的悲剧
play i'll ask this to the room 戏剧我会问 这个到房间
and again we have covered shell diver's tragedy tragedy in lpa ，我们又一次报道了壳牌潜水员在 lpa 的悲剧，
anyone else 其他人
why would you say no ian 为什么你会说不，
well we do push up here 好吧，我们在这里
we do push up then we come down push up maybe a tad higher then we push down 推我们推，然后我们下来，推高一点，然后我们推下去，
then we push on up now 然后我们推 到现在为止，
this here kind of see this is blurring the lines again 这里有点看到这再次模糊了界限
you you consider if this is the whole wave or would you consider this a wave 你考虑如果这是整个波浪，或者你会认为这是一个波浪
and then this could be your shell diver's tragedy and then we fall or this ，那么这可能是你的壳潜水员的悲剧，然后我们跌倒，或者这
would be the first level now i don't think in terms of shell diver's 将是第一级 现在我不再认为壳潜水员的
tragedy anymore does naming it shell divers matter no 悲剧了将它命名为壳潜水员 不管这不是
that's literally i was just going to say i don't even i don't use that 字面意思我只是想说我什至不使用那个
terminology you know what what's important here is 术语你知道这里重要的
that we have a change of behavior and then we have the first rally yeah 是我们有 行为改变，然后我们 第一次反弹是
it's the first lower higher for me now if yes what horizontal resistance would 的，现在对我来说是第一个较低的高
you draw to lean on well here we go
this is obviously our first look at all this price containment and a big spread
then we have this one over here because this was acting as resistance 点 因为这是作为阻力
then we break through it holds the support so we would have a zone of sorts 然后我们突破它持有支撑所以我们现在会有一个区域交易
now trading this i have to admit 我不得不承认
i don't think i don't think there's a very clean play 我不认为我不认为如果你有一个非常干净的
here if you've got the read you let the market pull you in from the lows here 游戏 读到你让市场把你从低点拉进来
agreed there's nothing there's no ups i 同意没有什么没有上涨我
wouldn't be trading b that's for sure 不会交易b这是肯定的
but here one you let the market pull you in but you know arguably this is 但是在这里你让市场拉你但你知道可以说这是
kind of it isn't i'd say a super 一种它不是 我想说一个超
weak rally is it you know 弱的反弹是不是你知道
you know it has some decent kind of buying however 你知道它有一些不错的买盘但是
if we just pay close attention to the price action it looks good but there's 如果我们密切关注价格走势它看起来不错但是当我们下跌时
no real volume look at the selling 没有真正的成交量看这里的卖盘
here when we come down this is good quality selling so what i 这是优质的销售，所以我
would be doing here if you don't let the market pull you in under these lows 如果您不让市场将您拉入这些低点下方会在这里做什么
we react down here and then let's look at this action 我们在这里做出反应然后让我们看看这个动作
so we react down then the market what is the market trying to do here 然后我们做出反应然后市场市场在这里试图做
what's it trying to do yes trying to rally 什么它试图做什么是的 试图反弹
and what would you say about that rally ，你会说那次反弹
extremely poor isn't it and look at the volume 非常糟糕，不是吗？看看成交量，
so we have selling of good quality look at the volume coming in to the downside 所以我们有高质量的卖出看看成交量进入下行，如果我们不这样做，
we get this rally back to this structural area if we don't take a play 我们会让这次反弹回到这个结构区域
there which again as i said it's not the easiest there's nothing particularly 不要在那里玩，就像我说的那样，这不是最简单的，那里没有什么特别
clean there oh excuse me 干净的哦，对不起，
then when we react we're thinking okay now from bar one this is where i would 当我们做出反应时，我们现在从酒吧开始考虑好吧，这就是我
say 要说的地方，
i have my license to be a short seller 我有做短片的执照 卖家
i want to be a seller from here so you're looking for any opportunity in 我想从这里成为卖家所以你在这里寻找任何机会
here we get the little uh we get a very poor rally and you know you can trade in 我们得到了一点呃我们的反弹非常糟糕而且你知道你可以在
here and you get a very nice trade to the downside so these here 这里交易并且你得到一个非常好的交易到下行所以这些 这
are the structural areas and i wouldn't be labeling this i'll be 是结构区域，我不会 给它贴上标签 我会给
labeling the cob i wouldn't be labeling this as no demand it does show a lack of 玉米棒贴上标签 我不会把它贴上没有需求的标签 它确实表明需求不足，
demand but it also a lack of supply it's just 但它也缺乏供应 它只是
holding there doesn't really give any information 拿着它并没有真正提供任何信息
okay any questions for this chart thank you for sharing 好的 这张图表有任何问题 感谢您在这里分享
any other observations or anything querying on anyone's mind here 任何其他观察结果或任何对任何人的想法的
excellent okay now 疑问，现在很好，现在
so let's go to let's familiarize familiarize ourselves with this chart 让我们熟悉一下这张图表，
so this was the downtrend and i believe we were trading on the higher time 所以这是下降趋势，我相信我们在更高的时间框架上进行交易
frames as well 以及
using the higher time frame oh yes i remember this now we were 使用更高的时间 框架哦，是的，我记得现在我们正在
reacting down 做出反应
and we spoke about this reaction and yes this was a spring and we said ，我们谈到了这种反应，是的，这是一个春天，我们说
would we trade this spring because we've noticed that this was the 我们会在今年春天交易吗，因为我们注意到这是
best uh reaction down this selling is better than this selling yet when we 最好的反应，这个卖出比这更好 然而，当我们
look at
the uh reaction itself we did the bar baba a little bit well we come down a 看到呃反应本身时，我们做了 barbaba 有点好我们
little bit of effort versus result we slam straight down in support we don't 付出了一点努力而不是结果我们猛烈抨击支持我们没有
get a valid break i kind of get no supply then we get volume coming in here 得到有效的 bre 我有点没有供应然后我们得到成交量进入这里
which is effort versus result we close off the lows again effort versus result 这是努力与结果我们再次关闭低点努力与结果
results we close off the lows and once again 结果我们关闭低点并且再次
volume depletes a little and we're coming into a support area so 成交量减少一点并且我们进入支撑区域 所以
logically what does that tell you what told you that supply is a little 从逻辑上讲，这告诉你什么告诉你供应
bit waning it's exactly what you want to see when 有点减少，这正是你想看到的，当
we're coming down into a support area then we spring here 我们进入支撑区域然后我们在这里跳动
then we have a test here now this test does retrace 然后我们在这里进行测试现在这个测试确实回溯到
deep and it does have fairly high volume so that's telling me there is definitely 深处 它确实有相当高的成交量，所以这告诉我市场上肯定
a bit of supply in the market then we dip down get a hidden spring 有一点供应然后我们下跌得到一个隐藏的春天
here look at the volume come in then we get the same test 在这里看看成交量然后我们得到同样的测试
slightly lower volume only small slightly lower but in comparison to the 略低的成交量只是稍微低一点但是 与
sinus strength bar and an analog here look here we close off the low so this sinus 强度条和此处的模拟相比，我们关闭了低点，所以这
is a successful test and we could buy here here or here yes 是一个成功的测试，我们可以在这里或这里购买是的，
well i'm familiar with this now and we said actually logically very cool 我现在对此很熟悉，我们说实际上逻辑上非常酷
that we was down here all this time testing into this volume aberration 我们一直在这里测试这种成交量异常
then we come back and we tested down here once again so 然后我们回来并再次在这里测试所以
the fact that we're trying to buy here makes sense because it doesn't it would 我们试图在这里购买的事实是有道理的，因为它没有它
not the market doesn't you why would the 不会市场没有 你为什么
market come back down here again it's spent so much time here testing and 市场会再次回到这里它花了这么多时间在这里测试并且
there's a lot of volume here look it doesn't 这里有很多成交量看起来它并没有
really deteriorate here does it you know that's an important observation 真正恶化这里你知道这是一个重要的观察
yes it's going to deteriorate over here during the lunchtime hour but this is 是的它会在午餐时间在这里恶化小时，但这是
kind of sustained volume which means there's definitely transfers between the 一种持续的交易量，这意味着
buyers there's definitely active 买家之间肯定有转移，这里肯定有积极的
participants here okay that's trying to push on higher 参与者，好吧，他们正试图推高，
so we are now 所以我们现在
long on three occasions 有三次做多
any questions before we move on here [Music] 任何问题，然后我们继续前进[音乐]
okay let's just finish this chart 好吧，让我们结束 这张图表
i mean i'm intrigued to see how you guys will 我的意思是我很想知道你们将
do with the trade management of this so no supply test bar what would we 如何处理这个交易管理所以没有供应测试栏我们期望什么
expect
yeah up 是的
these are not bar that's another test isn't it 这些不是酒吧那是一个 另一个考验 不是
what do you think of it what do you think of this then 你怎么看
how would you how would you feel about your long play if you see this
yeah it's a little probe i mean it is slightly an up bar yeah you
feel fine good good there we go that's exactly what we're 很好 很好很好 我们开始了 这正是我们正在
looking for no witchery here nothing complicated 寻找的东西 这里没有巫术 没有复杂
simple simple price action using the humble bar 简单简单的价格行为 使用不起眼的条形交易
volume wonderful 量很棒
very lucky 非常幸运
okay we're coming in to now 好的 我们进入
what are your thoughts here then given where we are structurally 现在 你的想法是什么 然后给出我们在结构上的位置
would you be looking to cover here 您是否希望在这里覆盖
good where do you think the logical place is 好您认为合乎逻辑的地方
to cover here 是覆盖这里
supply line and around here yeah somewhere 和附近的供应线是的，这里附近的某个地方
around here yep 是的，
indeed compared with the last bar we are stronger over here 确实与最后一个酒吧相比，我们在这里更强大
this analog look at this bounce off here then we get this little bar here we get 这个模拟看这里反弹然后我们 在这里得到这个小酒吧，我们得到了
continuation good good observation 延续很好的观察
ah but now we break through but now we now we don't uh we don't break through 啊，但现在我们突破了，但现在我们现在没有，呃，我们没有在
here but still i wouldn't be concerned 这里突破，但我仍然不会担心
hmm what are your thoughts on these two bars 嗯，你的想法是什么 正在挣扎的这两个酒吧
it is struggling
looks like a bit like the question from before 看起来有点像之前的问题
oh sorry what sorry what what with the no demand bar in the area of 哦，对不起，对不起，在供应领域没有需求酒吧怎么办？
supply well
yeah i mean i'm i'm not thinking this is no demand the first thing we have to ask 是的，我的意思是，我不认为这是没有需求的第一件事 我们必须
ourselves we push on through okay and this is an area of structure 扪心自问，我们继续前进，这是一个允许的结构领域，
granted and
what don't we do at the resistance level first of all keep it simple what don't 我们在阻力位不做什么首先保持简单
we do yeah we don't react so and what are we doing making the higher highs 我们不做什么是的，我们不做出反应，什么我们是否正在制造更高的高点、
higher lows and higher closes now we know their supply there because we can 更高的低点和更高的收盘价现在我们知道它们的供应量，因为我们可以
tell from the clothes off the highs yet that is to be expected now that's 从衣服的高点判断出来，但这是可以预期的
not to say we could not we could easily print a big
down bar right 正确
and fail and if that happens that happens we got in down here like this is 和失败，如果发生这种情况，我们进入这里就像这
kind of our line in the sand now this bar isn't it we don't 是我们在沙滩上的路线现在这个酒吧不是它我们
you know we we don't want to see this bar 不知道我们不想看到这个酒吧
compromised basically this this bar here yet 基本上受到损害 这个酒吧在这里但
there's nothing too untoward about this okay because we're still holding aren't 没有什么不好的，因为 我们仍然持有，不是
we we're just absorbing through the supply that's at 吗？我们只是通过处于这个水平的供应来吸收，
this level with an inability to react and we do come from a spring position 无法做出反应，我们确实来自
with no supplier and then good demand coming in 没有供应商的春季位置，然后良好的需求进来了，
okay that does make me feel a bit better 这确实让我感到 更好
yeah that is that is a lovely bar 一点，是的，那是一个可爱的酒吧，
see look what what do you do here from a trade man you have this level hidden 看看你在这里从一个商人那里做什么你有这个隐藏
here you can push this up here push this here 在这里你可以把这个推到这里推这个
or you go with the supply line you know 或者你去你知道的供应线，
but you need to have this all written out in advance you should have a limit 但你需要 这一切都提前写好了，你应该有一个限价
order and i'd say supply line too for sure 单，我也肯定
and what observation would you be making now 地说供应线，现在你会做什么观察
this rally looks better than the last reaction yes 这次反弹看起来比上次反应好是
the last better than the last reaction ends better than this rally and this 的，最后一次比上次反应好 这次集会和这只
rabbit beautiful this is exactly what we want to be 兔子很漂亮这正是我们希望
seeing wow everyone's on top form today good to 看到的哇今天每个人都处于最佳状态很高兴
see 看到
this is kind of that nothing bar isn't it like would you label this no demand 这有点什么都没有吧是不是你会标记这没有要求
no it's kind of contextually incorrect isn't it 不它的上下文不正确不是' 它
doesn't show great buying but also doesn't show great selling 没有显示出很好的购买，但也没有显示出很好的销售，
but it does suggest we may fland around a 但它确实表明我们可能会四处走动，
bit though 虽然
okay that's a bit selling now is is that to 好吧，现在有点卖了，这是
be expected of course it is look where we are 可以预期的，当然它是我们
beautiful no continuation down 美丽的地方，没有继续向下
think of it last time look look at this bar 认为 上次看这个柱
to this bar here we close well we do close a little 到这个柱我们收盘很好 我们确实收盘稍微
lower here but here we get a down bar here we get an up bar 低一点 但是这里我们得到一个下降柱我们再次得到一个上升柱
again the analog slightly stronger this time it's all these subtleties that we 这次模拟稍微强一些 这是我们必须的所有这些微妙之处
must pay attention to push on up 注意向上推，
okay that's a bit of supplier 好吧，那是供应商
and actually it's a bit weaker over here still this is now does everyone ，实际上这里有点弱，现在每个人都
understand why now this bars are lying in the sand 明白为什么现在这个酒吧躺在沙子里，
so it was this bar now it's this bar we closed under it so this is our stop 所以现在是这个酒吧，现在是这个酒吧，我们在它下面关闭了所以 这是我们的止损
okay we this is 100 us stop the market breaks the lows of this bar 好的 我们这是 100 我们止损 市场突破了这个柱子的低点 有
odds favor coming lower why put our position under risk 利于走低 为什么将我们的头寸置于风险之下
beautiful now that's an attempt to hold is that a good tempt or a bad attempt 美丽 现在这是一个尝试持有是一个好的诱惑还是一个坏的尝试
and the well i would say it's pretty good for ，而且我会 说是 非常好
one reason what does it have 原因之一 它有什么
yeah it has volume yeah so it dips under stops any kind of momentum 是的 它有数量 是的 所以它在止损下方下跌任何一种势头
reverses to close firm it retraces 50 逆转以收盘稳固它回撤 50
there's an attempt to hold there it doesn't have weak poor buying 试图保持在那里 它没有
like uh 像呃那样的疲软糟糕
there's probably will be another one i can't do anything i won't 的购买可能会 另一个我什么都做
i won't waste time on those okay
it's struggling here but this is to be expected
so would you would you would we be using
this as our analog over here here
to here this is the volume 不了 成交量，
so we are coming in with lower volume 所以我们以较低的成交量进入，
it is less bearish and then look boom now 它不那么看跌，然后现在看起来很繁荣，
as you know i'm a big advocate for past recovery 因为你知道我是过去复苏的大力倡导者，
this is a very nice play 26 just say to 68 you can do an mf 38 这是一个非常好的发挥26 只是对 68 说你可以做一个 mf 38
good amount points 很好的数量 指出
what's occurring at the supply line 供应线上发生的事情
a bit of selling but what doesn't the market do 有点抛售，但市场没有做什么
yeah it doesn't react interesting isn't it 是的，它没有反应有趣是不是它
still hold 仍然持有
oh again 哦，
we're not reacting anyone want to sell here 我们没有反应任何人想在这里出售
reverse 反向
no we don't have a valid break no we don't what do you think we're doing here 不，我们没有 有一个有效的休息不，我们不你认为我们在做什么
there's a nearly there's an inability to react yet we're holding look at these 几乎没有反应，但我们正在看这
three you know we're clustering of closes here 三个，你知道我们在这里聚集收盘，
either we're absorbing and i'd say we're we are absorbing 或者我们正在吸收，我会说我们正在吸收
and look at this rally thus far ，看看到目前为止的反弹
look at that it's unusual 看看这很不寻常，
but then we dip down to reverse and close firm 但随后我们向下倾斜并关闭坚定
what do you make of this 你对此
i'd say this is kind of a key bar now wouldn't you
to me i'll be reading if we dip down
test very deep to reverse and close firm technically a down bar you could think 有何看法 深度反转并关闭技术上坚定的向下酒吧你可以
of this this isn't a spring think of it yes 想到这不是一个春天想到它是的
kind of like it kind of feels kind of feels like a shakeout 有点像它有点感觉有点像一个震荡
but all this volume okay 但是所有这些音量都还可以
and there's an inability to react and don't forget this bar 并且无法做出反应并且不要忘记这个
was on its lows at some point yet buyers came all you know they pushed it all the 酒吧在某个时候处于低点，但买家来了，你知道他们一直把它
way back up with the highest volume out of this area 推回这个区域的最高交易量，
so for me if 所以对我来说，如果
this is kind of the line in the sand now if we break above these highs 这是现在的沙子线，如果 我们突破这些高点，
we're going higher and if we break the down the lows i 我们会走高，如果我们跌破低点，我
think we'll have a trading range does that make sense 想我们会 有一个交易区间是否有意义
there'll be some kind of so ，所以会有某种原因，所以
there could be reasons here for a potential ad you know 这里可能有一个潜在的广告的原因，你知道
we cover past our partial cover over here we still have some contracts left 我们已经覆盖了我们的部分覆盖在这里我们仍然有一些合同
that we could add you can let the market pull you in if we break the highs ，我们可以添加你可以让市场如果我们突破高点，请拉入，
because if if we rally above here odds favor we're going to continue because 因为如果我们反弹至此处，赔率有利，我们将继续，因为
this this is demand coming in there's an inability to react like over here 这是需求进来，无法像这里一样做出反应，这里无法做出
over here there's an inability to react yeah there's an inability to react 反应，是的，无法做出反应 做出反应，
so you buy stop the highs of these all this if you desired 所以你买，如果你愿意的话，停止所有这些的高点
may feel a little aggressive but 可能会觉得有点激进，但是
oh okay 哦，好吧，
i don't like now think of this in multiple time frames 我不喜欢现在在多个时间范围内考虑这个
yeah 是的，
yes if you think of this say on a 是的，如果你在
five-minute time frame could you argue that you have a big wide spread with 五分钟的时间范围内考虑这个说 您能否争辩说您的价差很大，并且
good good volume breaking through this area but the volume is a bit higher i 成交量很好，突破了这个区域，但成交量有点高，我
agree but 同意，但是
what do we achieve with this 我们能做到什么，
we are breaking into new highs and it does break through this high volume area 我们正在突破新高，它确实突破了这个高成交量区域
we make the highest close of the day and we're breaching the supply line 我们创下了当天最高收盘价，我们正在突破供应线，
now we quite we grind up and make new highs now do it yeah i think that's kind 现在我们非常努力并创下新高现在这样做是的，我认为
of what this suggested again another line in the sand now isn't it 这就是这再次暗示了另一条线现在不是
if we break if we you know if we close under the lows here like you 如果 如果你知道我们是否像你一样收盘在低点以下，我们就会突破
this market is extremely kind when it comes to uh stop placements we have all 这个市场在呃止损位置方面非常友好我们这里有所有
these wonderful bars here all of these bars we can put at the lows 这些很棒的柱我们可以把所有这些柱放在
for our stops 我们的止损的低点
nothing bar still some selling pressure but we hold 没有柱 一些抛售压力，但我们认为
is that no demand 现在没有需求，
no good 没有良好的交易
volume is naturally going to increase now because we're coming into the u.s 量自然会增加，因为我们即将进入美国
close okay 收盘，好吧
okay well okay and what do you think we do here at whatever 好吧好吧好吧，你认为我们在这里做什么，无论
level this is 水平如何，这是
partial yes well i'd partial there'd be a limb 部分的，是的，我' d部分已经有一个肢体
holder already however 支架，但是
i'd also have a trailing stop now 我现在也有一个追踪
yes ian yeah i i might be very very aggressive you're coming into the us 止损是的，是的，我可能非常激进，你正在接近我们，
close so every low just put up i tell you what 所以每个低点都只是提出我告诉
from my own trading using that technique into the close if 你我自己的使用该技术进行交易 e 如果
you're in position you can you can extract 你处于有利位置，你可以
an extra few hundred points out of the market a year by using that trailing 通过使用追踪
stop technique into the us close okay 止损技术在美国收盘时从市场中提取额外的几百点，好吧，
so now here here 所以现在就在这里
that's it we're out very very very nice trade ，就是这样，我们退出了非常非常非常好的交易
beautiful beautiful well navigated and we expected i can't remember and 美丽 美丽的导航和我们预计我不记得和
apologies i don't have the chart here i don't think but we were talking about 道歉我没有图表我不认为但我们正在
the higher time frame structure and i think we was using looking at the 60 谈论更高的时间框架结构我认为我们正在使用查看 60
minute bar uh but i just wanted to finish the chart because uh 分钟栏呃但是 我只是想完成图表，因为呃
there was still a lot there's still another trading opportunities 还有很多还有另一个交易机会
and also the trade management perspective just ，而且交易管理的角度
really pay attention to these high volume bars 真的要注意这些高容量的酒吧
and the gift they give you in terms of well if we start training under the lows 和他们给你的礼物，如果我们开始在
here odds favor 这里的低点有
that um trade is incorrect 利于 um交易不正确
or our thesis is incorrect and the market is likely to go against us 或我们的论点不正确，市场可能对我们不利
and why would that be so important here well it's because we are at ，为什么这在这里如此重要，因为我们
a supply line from a trend channel yes 处于趋势通道的供应线上 是的，
yes we uh you know we have all this bullish action et cetera et cetera but 是的，我们呃，你知道我们有所有这些看涨的行动等等，但
still you know it 你仍然知道
it it helps us uh have confidence in our plays 它有助于我们，呃，对我们的比赛有信心，
okay very very nice play here 25 to 好吧，非常非常好的比赛在这里 25 到
90 ticks 90 points not too shabby at all okay any questions 90 滴答声 90 分一点也不差
for this chart 这张图表的任何问题
well navigated everybody 都很好地引导了每个人，
so now we will go on to 所以现在我们将继续进行
a wonderful wonderful crew play 一场精彩绝伦的剧组表演
oh 哦，
why isn't it there 为什么
have i got two crudes up yes 没有我有两个原油是
here we go so this is today's market 的，我们开始吧，所以这是今天的市场
and first of all let me just think about how ，首先让我想想 关于
i want to word this is 我想说的话，
i'll show you the structure here these are all our areas of structure 我会告诉你这里的结构这些是我们所有的结构领域，
so 所以
i'll let you look at this chart quickly 我会让你快速看一下这个图表大约
for a minute or so 一分钟
and my first play here ，我在这里的第一个游戏
is a short 是一个
does anybody know here which bar 短片有人知道吗 在这里，
i would be shorting here 我会在这里做空哪个酒吧
and of course why i'm discussing this it's just for you to ，当然为什么我要讨论这个，这只是为了让你
understand excuse me that this of course 理解，对不起，这当然
is a counter trend raid 是反趋势突袭
and it has limitations but there's also another couple of plays ，它有局限性，但这里还有另外几场比赛
on here which is where we get the license 我们获得了
to be a seller so 许可 做一个卖家，
at this moment in time i'm taking a counter trend trade 所以此时此刻我正在采取逆势交易，
uh 1503 to 1510 呃 1503 到 1510
yes 1503 correct this was 是的 1503 正确这是
the first play so what i notice is we push on up here 第一次玩所以我注意到我们在这里推
good break boom 高突破繁荣
look at the volume look at the spread what 看看成交量看看价差
what what is occurring here selling 这里发生了什么卖得
okay but then what i don't like is this reaction now look how far 还行 但是我不喜欢这种反应 现在看看
we react you know we we're actually trading under 我们的反应有多远你知道我们实际上是在低点下方交易
the lows here yes we do find some buying and this is 是的，我们确实找到了一些买盘，
this is technically a spring of this level 这在技术上是这个级别的春天
okay so this is the high this is the ups lust here then we hold 好的 所以这是高点这是上升的欲望 然后我们持有
we break through we hold and we spring here 我们突破 我们持有并且我们在这里春天
but i didn't like that spring for two 但我不喜欢那个春天有两个
reasons first of all 原因首先
this reaction 这个反应
i wouldn't say it's how can i fade this 我不会说这是我怎么能淡化
this isn't a super strong reaction but what i do see here is the ability to 这不是一个超级强烈的反应，但我在这里看到的是能够
push the market down kind of fairly low volume now the volume 将市场推低一种相当低的成交量现在
is a little bit obscured because of this action over here but the point being is 由于这里的行动，成交量有点模糊，但重点是
why are we retracing so deep if this is good quality demand 如果这很好，我们为什么要回溯这么深质量要求
okay why are we trading under it and then testing it so low with a spring it 好的 为什么我们要在它之下交易然后用弹簧测试它如此之低这
puts me off i don't really understand although yes we can see you we i would 让我失望 我真的不明白虽然是的我们可以看到你我们我会
have got a good play out of this you know a good move 从中得到一个很好的发挥 你知道一个很好的举动
i didn't i didn't trust it okay i don't really 我没有，我不相信它，好吧，我真的没有
see a spike in volume etc etc etc now would anyone else trade this spring 看到交易量飙升等等等等，
if i explain this correctly the fact that we we trace so deep under this bar 如果我正确地解释这一点，今年春天还有其他人会交易吗我们在这个酒吧下追踪这么深的事实
is is just a little bit suspect so 只是 有点怀疑，所以
my kind of spider sense with tingling 我有点刺痛的感觉
and of course we know their supplier here ，当然我们知道他们的供应商在这里，
anyhow so no one anyone would anyone trade this big or did anyone trade this 所以没有人会交易这么大，或者今年春天有人
spring you would have traded due to your 交易你会因为你的无知而交易，
ignorance now it is a spring and you would have got a lovely move 22 46 kind 现在是春天，你会有一个可爱的举动 22 46
of you know literally 100 ticks 种你知道字面意思是 100 个滴答
i thought about it i didn't take it that's trading but then we come up here 我想过我不认为这是交易 但是我们来到这里
look at this bar now first first observation is 看看这个酒吧现在首先第一次观察到的交易
much less volume than over here so now i'm thinking well 量比这里少得多所以 现在我想得很好，
perhaps this is ease of movement agreed 也许这很容易 运动同意
but then look at this bar higher volume 但然后看这个柱更高的交易量
extremely narrow spread technically a down bar so what's in here 极窄的价差在技术上是一个下降柱所以这里有什么这里有
what's in here yeah i mean there's a lot of selling there is a lot of supply and 什么是的我的意思是有很多卖有很多供应
don't forget we have a working valid trend channel and i see supplier there 不要忘记我们有一个有效的有效趋势通道 我看到供应商
now is that a selling opportunity no 现在有一个销售机会，
very difficult to sell this bar few miles later look at this bar 几英里后卖掉这个酒吧看这个酒吧
look at the volume pop out and we make a nice slow close we get a clear ejection 看看音量弹出，我们做了一个很好的缓慢关闭，我们得到一个清晰的弹出
everybody can understand why we're short here 每个人都可以理解我们为什么 简而言之，
agreed now this this level would have been over here first and we react down 现在同意了，这个级别会先在这里结束，我们对部分掩护做出反应，
partial cover
uh made me feel a bit uncomfortable i must 呃让我感觉有点不舒服我必须
admit partial cover here like when we're 承认这里有部分掩护，就像我们在这里挣扎时一样，
floundering around here but you know the read was there 但你知道读到那里，
uh this is effort versus result and we're coming into support although there 呃这是 努力与结果，我们得到支持，虽然
would have been a limit order i know that seems very tight but 38 down to 会有一个限价单，我知道这看起来很紧，但是 38 到
there it was still 31 ticks i think it was 30 ticks actually with uh one tick 那里仍然是 31 个滴答，我认为实际上是 30 个滴答，呃一个滴答
above and then this comes in partial i'm 上面然后这是部分
stopped out i moved my stop from above here 我停止了我从上面移动了我的停止
i put it down to one tick stop down so commissions came in uh just to cover 我把它降低到一个刻度停止所以佣金进来只是为了支付
commissions then we get a rally i noticed look at what do you notice 佣金然后我们得到一个反弹我注意到看看你注意到什么
about this rally 关于这次反弹
pretty poor really isn't it yeah it is poor but i didn't see a 真的很差 真的不是 是的 很差 但是我没有看到
trading opportunity up here i wanted a nice clean signal like this okay 这里的交易机会 我想要一个像这样的干净的信号
uh we come back down then we push we hold here this is an unusual bar isn't 是
it look at the volume coming in here there we push on up 不是看这里的成交量我们推高
and then i think okay another observation 然后我想好吧另一个观察
what do you notice about this bar 你注意到这个柱子
so if we just look at the bars pushing up towards the supply line volume here 所以如果我们只看柱子推向供应线成交量
look at the volume here and then look at the volume here 看成交量 在这里，然后看看这里的
so yeah well no we're having lower volume at these pushes 成交量，是的，不，我们在这些推动下的成交量较低，
it doesn't there's an inability to break through resistance and then 它没有无法突破阻力，然后
again look at this what's this bar popping volume 再看看这是什么，这个柱状弹出量
closes off the height there's another price rejection 关闭了高度还有另一个价格
so again this is a counter trend trade and 再次拒绝 他是逆势交易，
i'm pulled in right well i'm not pulled in right on the close 我被正确拉入，我没有被拉近，
cell okay 好吧，
then we push on up nothing to really worry about then we come back down this 然后我们推动没有什么可真正担心的，然后我们回到这里，
let's move to here because this was a support level and 让我们搬到这里，因为这是一个 支撑位
partial covered at the lows again and a nice little play now 和部分再次覆盖在低点，现在有一个不错的小游戏
kind of have ，
you kind of had the line in the stand here really as well which is pretty nice 你有种在看台上的线真的也很好，
he's kind of like the stop is near this bar unfortunately 他有点像止损就在这个酒吧附近，不幸的是
never stopped out and what's the important observation here 从来没有停下来，
last time we was here yes no demand look at the volume 上次我们在这里
look at the inability to push off here and where are we
where are we yeah we're at demand confluence
now very very very important observation to 的重要观察是
make or how i interpret this into my trading 什么 将此解释到我的交易中
this bar here
is the bar that changes everything for me on this chart 这个条形图是在此图表上为我改变一切的条形图
now i have a license to be a seller so these 现在我有成为卖方的许可证，所以这些
are counter trend trades i'm pl i'm trading on reduced contracts say eight 是逆趋势交易
contracts say eight contracts on here okay 合约在这里好吧
these are counter trend plays we're not trading with the trend there's nothing 这些都是逆势交易 我们不与趋势交易
particularly clean you know you're you're maneuvering around but you could
you know the setups are there
now from here why is this
my license to be a seller why is this bar so 卖家为什么这个酒吧如此
important i'll pose that to you guys first 重要我会首先向你们提出这一点
very very important that you understand this 非常非常重要，因为你们理解这一点，
because this is what set up the whole day 因为这是一整天的设置
yes we do get a valid break of the demand 是的，我们确实得到了需求汇合的有效休息，
confluence
well i'll tell you what i see here we were 我会告诉你 我在这里看到的，我们被
overbought okay 超买了
and we found supply at the highest ，我们发现供应处于最高水平，
okay we knew we know their supply at the highest 好吧，我们知道我们知道他们的供应处于最高水平，我
and we had many pushes up we've broken two demand structures 们有很多推高我们已经打破了两个需求结构，因为
as in a demand confluence this support level and the demand line from this 需求融合了这个支撑水平和需求线 从这个
channel and also 通道开始，
every high volume bar is waning 每个高成交量柱都在减弱，
okay all these high volume bars are getting 所有这些高成交量柱都变得
weaker and weaker and weaker and weaker this one's slightly different because 越来越弱，越来越弱，这个略有不同，因为
it's kind of a spring position you know these ones are trying to uh you 它是一种弹簧位置，你知道这些 内斯正在努力，呃，你
know push on through and we can see even let me look at this one this is the this 知道继续推进，我们甚至可以看到让我看看这个这
is the lowest volume one of these widespread up bars and it closes off the 是这些广泛上涨的酒吧中成交量最低的一个，它关闭了
highs and then it's preceded by a no demand 高点，然后是没有需求的
rally then we break on down with a surge in volume now why this bar again is so 反弹 然后我们以数量激增打破现在为什么这个柱
important for me is because if we break on down here we're disconfirming the 对我来说再次如此重要是因为如果我们在这里打破我们正在确认这里的
demand supposed demand on here and we're breaking structure this for me is the 需求假设需求并且我们正在打破结构这对我来说就是这
line in the sand where now i want to be a seller 条线 在沙滩上，现在我想成为一名卖家，
you know it this this is where i'm thinking ah everything was kind of 你知道，这就是我在想的地方啊
bullish before even though i was counter trend trading ，即使我是逆势交易，之前一切都是看涨的，
i was still you know i was still bullish in other words okay yeah i mean yeah i 我仍然是你知道我仍然看涨换句话说，好吧是的 我的意思是，是的，我的
mean you you can you can look at that as a fouled spring 意思是你可以把它看作是一个犯规的弹簧
as well but i i'm not thinking this is a foul spring ，但我不认为这是一个犯规的弹簧，
because this is there's too many bars 因为已经过去了太多的酒吧
that have passed but this is the all-important contextual ，但这是最重要的上下文
understanding that we're changing from a bullish to bearish environment so this 理解 我们正在从看涨转变 看跌环境，所以这
is my license and why is that important 是我的许可证，为什么这很重要，
well because when you have a license you know what we mean by license now i 因为当您拥有许可证时，您现在知道我们所说的许可证是什么意思我现在
can start trading with full clip size now 可以开始以完整的剪辑大小
i know there are many traders who are advocates of regardless of the trade you 进行交易我知道有很多交易者是无论 交易 你
should only be trading x amount one percent or two percent okay 应该只交易 x 金额 1% 或 2% 好吧
that's incorrect that's that's a very novice way of trading now you can i can 那是不正确的 那是一种非常新手的交易方式 现在你可以 我可以
understand the theory inverted commas but john simmons i'm sure have you all 理解这个理论
heard of him of renaissance technologies they are the most successful hedge fund 他们是有史以来最成功的对冲基金
of all time uh they used to use mean reversion trading in the 80s on ，嗯，他们曾经在 80 年代对商品使用均值回归交易，
commodities but they had to adapt because that's 但他们必须适应，因为那是
that model started failing and cut a long story short they now they now run 该模型开始失败并长话短说，他们现在运行
quantitative kind of pattern recognition and they've got these huge computers and 定量模式识别他们有这些巨大的计算机和
eyes privy to get hold of some of their charts that they've traded and 眼睛，可以掌握他们交易的一些图表，
essentially do you know what they're scanning for without them knowing it 基本上你知道他们在扫描什么吗？ 他们知道
they're scanning for inverted commas patterns and these patterns are spring 他们正在扫描逗号模式，这些模式是弹簧
bars no supply no demand bars etc etc and they have cluster points 条没有供应没有需求条等等等，它们有集群点
which were which the systems automatically uh find ，系统会自动找到
uh and they're literally support and resistance areas made from highs and 它们，它们实际上是支撑和阻力区域 高点和
lows so they're there so they're trading basically what we're trading 低点，所以他们在那里，所以他们基本上在交易我们
kind of automatically with ex you know their teams they've spent billions on 与前任自动交易的东西你知道他们的团队他们在他们的软件和他们的工程师上花费了数十亿美元，
their software and their engineers and they've got some of the most clever 他们有一些最聪明的
mathematicians on the well creating some of their programs yet 数学家 在创建他们的一些程序时，
they're trading fundamentally kind of the same kind of things 他们从根本上交易的是
they've adopted the kelly criterion which means they have a 他们采用kelly 标准的同类事物，这意味着他们对手头
contextual understanding of the play at hand which means you can treat the trade 的游戏有上下文理解，这意味着您可以将交易
as an individual as in you can adjust the clip size given 视为个人因为你可以根据手头播放的概率调整剪辑大小
the probability of the play at hand and the probability
here for me is when this this here is now a license ，对我来说这里的概率是当这个这里现在是
for me i've got enough information here that i want to be a seller 我的许可证我有足够的信息 离子在这里我想成为一个卖家
okay so here i'm counter trends rating 好吧所以我在这里是反趋势评级
so here i'm trading eight contracts here i'm 所以我在这里交易八份合约我在这里
trading 40 contracts very very very very different it's very important for you to 交易40份合约非常非常非常非常不同这对你来说非常重要
understand that and i mean this this will be covered extensively in lpa 2.0 ，我的意思是这个 这将在 lpa 2.0 中广泛介绍
you know how to use position sizing to our advantage within this methodology 你知道如何在这种方法中使用仓位调整来发挥我们的优势
god apologies for the right there do you also have some forms of automation right 上帝为正确的事情道歉 你也有一些形式的自动化吗
uh kind of but that's using the wise way
it's different but yes there are other things coming 还有其他事情发生，
along but it's just like anything it just takes time 但这就像任何事情一样，只是需要时间，
so we break down here now i have a license to be a seller now i'll ask you 所以我们在这里分解，现在我有成为卖家的许可证，现在我会问你
can we where do we go where's the first entry ，我们可以去哪里，我想做空的第一个条目在哪里
i'm thinking to short
i mean think about this and just how wonderful is this 我的意思是想一想这有多美妙
so this isn't my trigger this is my license yes 所以这不是我的触发器这是我的许可证是的
look at this one two three four bars later 看这个一二三四柱
a narrow spread and look at this a narrow spread the lowest volume narrow 稍后窄价差看看这个窄价差最低交易量窄
speed up bar we've had since 加速条我们 已经
the u.s open well near the u.s open aft in an area of supply 自从美国在美国船尾附近的一个供应区域
at near resistance i mean 处于阻力位附近开盘以来，我的意思是
wow you don't even have to 哇，你甚至不需要
you wouldn't sell stop the lows here that's just an ins i mean look 你不会在这里卖出止损低点，这只是我的意思是
can you do you know how just how beautiful yes yes yeah this is just an 看你知道吗？ 多么美丽 是的 是的 是的，这绝对是
absolute wonderful wonderful wonderful thing and 一件非常美妙的事情，
this is where full clip going okay and i just want to give you that 这就是完整剪辑可以进行的地方，我只想给您
contextual understanding this is the license these are counter trend plays 上下文的理解，这是许可证，这些都是反潮流的，
okay so okay now and then we come back down here 所以偶尔可以，我们 回到这里
partial cover and where do you think the line in the 部分覆盖，你认为沙中的线在哪里
sand is here
partial cover gotta break 部分覆盖必须突破
okay hold on let me just 好的等一下，让我
open this up a little so 稍微打开它，所以
we break down and look at this action over here 我们分解并看看这里
price so this is resistance we break down we hold on top of this support 价格的这个动作，所以这是我们的阻力打破我们保持在这个支撑之上
what do we do we bounce around here build a little bit 我们做什么我们在这里反弹建立
of this is a trading range and what we building 一点这是一个交易区间我们
a little bit of causality yeah agreed causality here and in this 建立一点因果关系是的同意因果关系在这里
we have an up thrust that brings us back down and where are we here 我们有一个向上的推动力 把我们带回来，我们在哪里，
so we're at support and we're at the demar line of this trend channel 所以我们在支持，我们在这个趋势通道的分界线上，
okay don't forget our partial covered here 好吧，别忘了我们在这里覆盖的部分，
so i've got some contracts now now i'm yes we're at a conference so i 所以我现在有一些合同，我是的，我们 '在一个会议上，所以
let the market pull me in as we break these loads 当我们打破这些负荷时，我让市场把我拉进来
why why would i do this 为什么我为什么要首先这样做
first of all risk is very minimal all positions the line in the sand is above
here yes it's the background context of so think of it like this we we're in the 就像这样，我们处于
overbought position and 超买位置，
let me just bring this back excuse it a little so we have within the overbought 让我把它带回来，请原谅一点，所以我们在这里处于超买
position over here look at the volume come out 位置，看看成交量
and we know that selling was present up there okay all these up bars ，我们知道那里存在卖盘，好吧，所有这些都在 酒吧
is where this selling was occurring agreed 是发生这种抛售的地方
kind of sellers were capping upside prices 商定的卖家正在限制上行价格，
so look at the selling at the overbought position now we're at the demand line 所以看看超买位置的抛售，现在我们在需求线
look at the buying can you see how obvious this is as well 看看买进，你能看到这有多明显，
look at the buying at the demand line a demand confluence i should say 看看买进 需求线需求汇合 我应该 我说
and then look at the selling at this conference ，然后看看这次会议上的销售情况，
i mean this is just 我的意思是这真是
incredible really that it was just when we could read this it's very very
nice so i was just like well got points to play
with little mark if we break the lows here let the market pull us in 难以置信 让市场把我们拉进来
and cut along so short partial cover down here ，沿着如此短的部分覆盖，在这里
lying in the sand up above here expect a rally 躺在上面的沙子上，期待一个反弹
where's of mali rally likely to go to well ，马里的反弹可能进展顺利
oh 哦
where's the rally likely to go to well we have our ，反弹可能进展顺利的地方我们有我们的
first level of structure which is that purple line resistance resistance we 第一级结构 那就是我们突破的紫色线阻力阻力
break through it holds the support holds the support 它持有支撑持有支撑
okay holds the support 好的持有支撑
and then we knife our way through 然后我们一路
as we can see comes back up holds the support so as we come back 杀过去 就像我们看到的那样 回来 持有支撑 所以当我们
down here this is where our line in the sand again 回到这里时，这就是我们的线再次在沙子里
okay and then eventually it breaks all the 好，然后最终它
way down 一路崩溃，
to a very very very nice play literally just over five dollars a 变成了一个非常非常非常好的游戏，从字面上看，一个
barrow uh a barrel which is very you know 手推车 uh 一桶超过 5 美元，这是非常你知道
a little bit of there is under contextual understanding but i think the 的，这是在上下文中的一点点 理解，但我认为
market was extremely kind here extremely kind 这里的市场非常友善，非常友善，
giving us uh opportunity to hold on to the position 让我们有机会保持
where did the larger trend channel start 更大趋势通道从
here 这里
yep no no problem here no problem and why you didn't fear shakeout action 开始的位置是的，没问题，这里没问题，为什么你不害怕震荡行动
what shake out 什么震荡
i don't see a shakeout 我 没有看到震荡，但这不是震荡，
this
but this is this is not this is not a shakeout would anyone be thinking this 这不是震荡 有人会认为这
is a shakeout first of all we're at the demand line we're in a very 是震荡 首先我们处于需求线 我们来后处于非常
tight trading range after we've come overboard and we've 紧张的交易区间过火了，我们
seen selling and we've got the best-selling down wave we've seen this 看到了抛售，我们看到了最畅销的下跌浪潮
isn't a true change of behavior yet because for me to have a true change
behavior i need to break the stride of the demand line 线，
so here this is to me this is this is supply coming into the market i mean 所以这对我来说，这是进入市场的供应，我的意思是
this supply bar is twice the height over twice the height of the trading range 这个供应条的高度是交易范围高度的两倍，而不是交易范围的高度，
that's not a shake out that is i'm not think 这不是震荡，我不认为
that that would be incorrect to think that's a shakeout due to the fact 那是不正确的 认为这是一个震荡，因为
it's over over 它是 o 超过
twice the size of the trading range and the volume 两倍的交易范围和交易量
and what's the market trying to do here trying to rally there's an inability to 以及市场试图在这里做什么试图反弹没有能力
rally 反弹
oh no what you mean is what when you stop sell here 哦不，你的意思是当你在这里停止卖出时
well because what i was reading is i saw supply here 很好，因为我正在阅读的是我看到了供应 在这里
i saw us hold then we have an upslash i was like oh that was probably the 我看到我们持有然后我们有一个加价我就像哦，这可能是
opportunity but i didn't want to sell right there 机会，但我不想在那里出售
and then we come up then as we're coming down 然后我们出现然后当我们下降
and we're holding here and notice we're making lower highs so lower high lower 时我们在这里持有并注意到我们 '正在创造更低的高点，所以低
high lower high i saw the low demand signature ah i've got points to play 的高低的高低的高我看到了低需求的签名啊，我有积分可以
with you know it's been a very good day already 和你一起玩，我知道这是一个非常好的一天
i let the market pull me in if i'm wrong i'm wrong ，如果我错了，我会让市场把我拉进来。 我错了
don't forget i was in i was in for i was in i was in i was in full clip ，别忘了我在我在我在因为我在我在我
on the no demand okay 在没有需求的情况下完全剪辑，
then a partial covered then i was only adding 然后部分覆盖然后我只
the the last remainder of contracts here and then partial covered here partial 在这里添加最后剩余的合同，然后在这里部分覆盖 部分
covered here okay basically your understanding about 覆盖这里好吧基本上你对
price connection is next level to us no no i i honestly don't think 价格联系的理解是 对我们来说下一个层次不不我老实说
i think i've tried to explain it the best i can is 我认为我没有试图解释它我能做的最好的
just understand the volume coming out over here with an inability to break we 就是理解这里出现的交易量无法突破我们
see selling and then we come to the demand line there's just no buying here 看到卖出然后我们来到需求线 这里没有购买
and then with the lower highs and the breakdown and etc and this bar for me ，然后是较低的高点和击穿等等，这个酒吧对我来说
which this bars for me is telling me i want to ，这个酒吧告诉我我想
be a seller because um disc why is that well we're 成为一个卖家，因为嗯，光盘为什么那么好，我们正在
discounting all this buying up at the highest 打折所有这些购买 在最高处
and it's getting weaker so this is the flip this is just ，它变得越来越弱，所以这是翻转，这只是
uh maybe this may be a little bit more 呃，也许这可能会更先进一点，
advanced but i think i've tried to convey that the 但我想我已经尽力传达
best i can uh but what am i when i'm breaking down 我能做到的最好的，但是当我崩溃时我是什么
here like this now i'm thinking i've got a good trade on my hands why why'd i be 像这样现在我在想我手上的交易很好为什么我现
thinking i have a good trade on my hands now 在认为我手上的交易很好因为
because now i'm expecting we should print 我期望我们应该打印出真正的
a true change of behavior 行为改变 在
okay as in
i would be expecting i didn't expect it to be this large 我期待中，我没想到它会这么大
that's just a gift but uh ，这只是一个礼物，但呃
it comes all the way down to the lows of where we start the trend channel 它 一路下降到我们开始趋势通道的低点，
so what do you think about this selling to this buying 所以你如何看待这种卖出到这种买入
aggressive right very aggressive yeah very strong selling i mean 激进的权利非常激进是的非常强劲的卖出我的意思是
very very 非常
very very fortunate to be involved but however 非常非常幸运地参与其中，但是
i've really tried to convey just how beautiful that no demand bar is i mean 我真的 试图传达没有需求栏是多么美丽，我的意思是
wow especially after the the license here 哇，尤其是在获得许可证之后，
when i'm when i'm looking to look into short here okay 当我在这里寻找空头时，好吧，
uh no it's not feathers weight 不，这不是羽毛重量，
because there's no momentum 因为没有动力
different feathers weight actually hasn't really 不同羽毛重量实际上没有
be coming into fruition in this volatility 在这种波动中并没有真正取得成果，
basically the feather's way is a beautiful little play that occurs in 基本上，羽毛的方式是一个美丽的小游戏，发生在
less volatile environments but yeah that this is not 波动较小的环境中，但是是的，这
the feathers right now there's no momentum 不是羽毛，现在没有动力，
okay any questions for this chart i thought it'd be good to share this 对这张图表有任何问题，我认为它会是 很高兴与您分享这一点
with you and hopefully that you've understood ，希望您已经
what i mean by the counter trend trades and then the license to trade and then 理解我所说的逆势交易的意思，然后是交易许可证，然后
how you adapt your position sizing i don't know i know no one really talks 是您如何调整您的头寸 sizi ng 我不知道我知道没有人真正
about position sizing within our methodology but that is something i am 谈论我们方法中的头寸规模，但这是我
addressing in lpa 2.0 在 lpa 2.0 中解决的问题
and when i do release that everyone in ehp and people who bought lpa will get ，当我发布时，ehp 中的每个人和购买 lpa 的人都会
it at a huge discount where and we'll be conducting those live 以巨大的折扣获得它 我们将
on a weekly basis uh probably q4 每周进行一次现场直播，嗯，可能是第四季度，
maybe november time running for 10 weeks we meet every week 可能是十一月的时间，持续 10 周，我们每周
there will be a lot of homework and there's a lot 都会见面，会有很多作业，有
of new material how i've because after mentoring many 很多新材料，因为在指导了
many people and new discoveries by working with 很多人之后以及通过与其他交易者合作的新发现
other traders etc there's a lot more information that i can bring to the 等，我可以提供更多信息，
table which which you know which will help others 您知道这将对其他人有所帮助
anyhow enough waffle here let's begin our bar
practice any questions before we we move on
[Music] actually for those watched listening on
review or or in the room here if you could 如果您能
think of anything else that you would like to see 想到其他您想看到的其他内容，
uh or more examples of for lpa 2.0 or anything that you think that needs 或者更多关于 lpa 2.0 的示例，或者您认为需要解决的任何内容，
addressing or maybe a little bit more depth or 或者 也许更深入一点，或者
something you know that there there are hello there are many many new 你知道有很多新
discoveries and lots of many different structures to 发现和很多不同的结构
work with uh which i'm looking forward to sharing as well because as we know 可以与之合作，我也期待分享，因为我们
the structure is where we base our trades we lean against the trades uh but 知道结构就是我们 以我们的交易为基础，我们倾向于交易，嗯，但
if you can think of anything feel free to email me and i will look into those 如果你能想到任何事情，请随时给我发电子邮件，我会调查这些，
because i'm trying to make this oh this will be the last major course i 因为我正在努力做到这一点，哦，这将是我要做的最后一门主要课程
will be doing it may i may host it as a yearly event ，可能我 可以将它作为一年一度的活动举办
and just add new things but ultimately i'm a trader and ，只是添加新东西，但最终我是一名交易员，
i probably won't be teaching in three four years uh there's other things 我可能不会在三四年内
in the pipe pipeline uh well we'll be teaching better be in a plot format 教书 情节格式，
rather than uh 而不是呃，
anyhow right okay let's go on to our bar so this here is the bund as you know 无论如何，好吧，好吧，让我们继续我们的酒吧，所以这就是你知道的外滩，
so what can we see here then coming into today 所以我们可以在这里看到什么然后再次进入今天
again
yeah this attempt to hold support i see that indeed what other observations 是的，这种试图保持支持我看到确实有什么其他观察结果
though quite an important one 虽然相当 重要
two things i've been taking from this let yeah low high good 一二 我从中得到的东西是的 低 高 好
what else 还有什么
two more things three things yep up thrust 两件事三件事 是的 推力
we're getting there paul two more things 我们到了那里 保罗
two more observations that i'll be making here 再做两件事 我将在这里做两件事
uh nope it's not it can't well i mean you're probably thinking what spring of 呃不 不是 它不能 好吧，我的意思是你可能在想这是什么春天，
this yeah i mean it is a spring 是的，我的意思是这是一个春天
yes good paul decreasing demand from one well what
have i got this one apologies uh
oh
yes decreasing demand as we can see we have an up thrust and what does this 这个
ups produce ups 是否会产生
yeah good selling right so 良好的销售权，所以
we have good selling we have an ups that has good selling 我们有良好的销售我们有一个有良好销售的 ups
that leads to the poorest buying on the chart ，导致图表上最差的购买
now we have we are coming in and technically we do spring and we do have 现在我们已经进入，从技术上讲，我们做春天，我们确实有
a little little bit of volume so do we trade this spring 一点点 交易量所以我们今年春天交易
that's the question this is why we're starting right now 这就是问题这就是为什么我们现在开始
if it's a three minute time frame why are we looking only at a handful of bars 如果这是一个三分钟的时间框架为什么我们只看少数几根柱
what else do you need to be looking at 你还需要看什么
this is this is the open 这是这是 开放
no this is the open over here so you're getting privy to all 不，这是开放的在这里，这样你就可以了解
of this information do you need any more information that 所有这些信息，你是否需要更多信息
to form a bias 来形成
no of course not 偏见，当然不是
donut don't over complicate things don't over complicate things as i said i've 甜甜圈，不要让事情过于复杂，不要让事情过于复杂，正如我所说，我已经
gone through all the styles you can trade with multiple time frames again 经历了所有 您可以在多个时间框架下
trading multiple time frames does come with its pitfalls 交易的风格再次交易多个时间框架确实会带来陷阱
if you're looking to become extremely
how can i work not advanced or you're looking towards a mastery
within the methodology it's best to be able to read the market 阅读市场
turns as they unfold on the bars now i've just given i've just given you a 走势，因为它们在条形图上展开现在我刚刚给出了我刚刚给了你一个
prime example about that but what what what do you what is what is will mean 关于这一点的主要例子，但是你是什么，你是什么，这意味着什么，
well i've given you a prime example within the last trades over here 我已经给了你一个主要的例子 最后的交易在这里
what do you think this is showing on a higher time frame 你认为这在更高的时间范围内
it's showing a bit of strength isn't it we've probably got a big up bar here so 表现出什么它显示出一点力量是不是我们可能在这里有一个大的上升栏所以
you're missing out on these counter trend plays 如果你错过了这些反趋势
if you're trading multiple time frames now being because don't forget 的发挥 现在重新交易多个时间框架是因为 不要忘记
everything unfolds on the smaller time frames before it appears on the higher 一切都在较小的时间范围内展开，然后才会出现在较高的
time frames yes you get higher plays when you trading with the higher time 时间范围
frames but to to be able to be nimble and move in and out of the market with
with precision and grace and flow and understand how the market is moving you 内 精确、优雅、流畅并了解市场如何变动 你
need to be able to understand purely what's occurring on your kind of trigger 需要能够纯粹地理解在你的触发
time frame does that make sense 时间框架内发生的事情 是否有意义
there's no right or wrong there's no right or wrong way you can trade you can 没有对错 没有正确或错误的交易方式 你
only trade high odds place that's fine that's your 只能 交易高赔率的地方很好，这
maybe your style your provocative 可能是你的风格，你的挑衅，
but i like to trade you know the old bruce lee saying 但我喜欢交易你知道老李小龙说
be water my friend i have taken that to heart 是水，我的朋友，我已经把它牢记在心，
you know that's along with many other quotes 你知道这与许多其他的报价
that's been laminated that's on my desk because i want to i want to be fluid i 一起被层压在我的桌子上因为我想要我想要流动我
don't want to kind of although again paradoxical although i 不想有点自相矛盾虽然我
have my license to be trade although on the last chart where i had 有我的交易许可证虽然在最后一张图表上我
the license to be a seller which is holding a bias 有许可证是销售 呃，这是有偏见的，
i am still kind of very nimble okay and that gives me the opportunity 我仍然非常灵活，这让我有机会
to take counter-trend plays if you're training with higher time frames
it's very rare that you're going to be taking counter trend plays why well 参加反趋势比赛 好吧，
because you're trading with the higher time frame 因为您正在以更高的时间框架进行
yeah which of course you should be 交易，是的，当然，
in in itself you're trading with the trend agreed 您本身就应该按照趋势进行交易，
yeah if you want to 是的，如果您
be fluent and move in and out on the market with grace 想流利并优雅地进出市场
etc etc okay 等等等等
so
i think paul has said everything here up waves decrease 我认为保罗已经说过这里的一切波浪减少
we have on up fast which is tested here and we see more selling that breaks 我们快速上涨 在这里经过测试我们看到更多的抛售打破了
these local levels this very important bar to able to recognize i don't like 这些当地水平 这是一个非常重要的酒吧 能够认识到我不喜欢
the fact it doesn't come back down to here to test 它不会回来的事实 到这里来测试
why okay 为什么还可以，
but we do make lower highs from the ups we see best selling better than the up 但是我们确实从上涨中创造了较低的高点，我们认为最好的销售比上涨波更好
wave and this is where we're coming in ，这就是我们
to the market 进入市场的地方，
uh here we go 嗯，我们走了，
we all agree that we wouldn't trade now why wouldn't we trade this 我们都同意我们不会交易 现在我们为什么不交易这个
someone said no but i'd like to know why 人 援助不，但我想知道为什么
oh because of the increasing weakness because of this selling is the best 哦，因为这种销售越来越疲软，最好是在
preceded by a low demand rally okay that makes sense good 低需求反弹之前最好，这很有意义
good awareness paul 良好的意识
for my ocd cannot cope leave those a little thicker 保罗我的强迫症无法应付离开那些更厚一点的
right creature habit 正确生物习惯
oh straight away what's this 哦，马上，这是什么
well oh you want to sell stop okay 好哦，你想卖出，停止，好吧，
interesting 有趣，
uh huge volume coming into support and if this is a spring 呃，巨大的成交量进入支撑，如果这是一个春天
what have we done instantly ，我们立即做了什么
i mean technically we spring this little level just 我的意思是从技术上讲，我们在这个小水平上
yeah we foul this is a failure of the spring 反弹，是的，我们犯规，这是春天的失败
foul test yeah 犯规测试是的
where would you be where would your stop be here yourself stop ，你会在哪里，你会在哪里停下来，你自己停下来，
you suppose it's hit just just so you know i i 你假设它被击中只是为了让你知道我
i thought about that but i didn't have let's say he was in on this one 我想过，但我没有让我们说他在这一个
yeah two ticks yeah you probably do three ticks 是的，两个滴答声是的，你可能会做三个 滴答滴答
interesting bar 有趣的酒吧
down 向下
nice yeah carry on down what do you notice about 不错 是的继续向下 你注意到什么关于
this 这
stopped out already 已经停止了
oh no this was a short someone wanted to short here 哦 不 这是一个空头 有人想在这里做空
apologies 道歉
he wanted to sell stop the lows 他想卖出 止损低点
yep yep 是的是的
yeah a bit of shortening of the thrust but what i notice is that we are 是的，推力有所缩短，但我注意到我们
actually getting good selling now i don't 现在实际上卖得很好
i don't really use filling in gaps but we all know that the market does like to
fill in gaps you can't guarantee it but statistically 不能保证，但从统计
you can trade gaps if that if you want to be if you want that to be your edge 上讲，如果你想成为你的优势，你可以交易差距，
because they are filled let's just say i think it's higher but 因为它们被填补了，让我们说我认为它更高，但
for let's just say they are filled over 80 让我们说他们被填补了超过 80
percent of the time so there you have % 的时间，所以 你有
an edge straight away your edges come in many many many 一个边缘，你的边缘有很多很多
many shapes and sizes okay 很多形状和大小，好吧
all of our edges are completely different even our edges ，我们所有的边缘都是完全不同的，即使我们的边缘
within within advanced by coffees roman's edge 在先进的咖啡罗马边缘
and my age are completely different completely and utterly different yet we 和我的年龄完全不同，完全不同，但我们
all share the same principles and concepts 都分享 相同的原则和概念，
like your edges will be different you have to wonder if you don't 如你的优势会有所不同，你不得不怀疑你是否
understand your edge 不了解自己的优势，
okay i won't go into a ramp 好吧，我不会进入坡道，
wow good selling coming down good that seems like a poor attempt to hold 哇，好的销售下降好，这似乎是一个糟糕的尝试
okay that's better 好吧，这样更好，
so all this was fluff for me 所以这一切对我来说都是无稽之谈
i actually haven't entered the market as yet 我实际上还没有进入市场，因为
we had a trading range i observed all this 我们有一个交易区间
i thought about sell stopping i didn't
i wanted the market to just show its kind of weakness to the
downside 不利的一面
were your thoughts on this reaction thus far 是你对这个反应的想法到目前为止
this breakdown i should say 这个细分我应该说
you like that price couldn't test resistance okay 你喜欢那个价格无法测试阻力好吧
yeah i mean if i as i said i like the fact 是的我的意思是如果我说我喜欢
that we see the buying increase a bit here 我们看到购买增加一点
and then instantly 然后立即
rejected this is on odd bar isn't it look at this volume 拒绝的事实 这是在奇数柱上是不是看这个成交量
yet rejected so we get a big down bar now now this is 还没有被拒绝所以我们现在得到一个大的向下柱现在这是
the biggest down bar we've had since the breakdown bar over here 自这里的击穿柱以来我们所拥有的最大的向下柱
and it has kind of lower volume 并且它的成交量有点低
okay now 好吧现在
what's this 是什么 这
versus result yes now 与结果是的，现在
if you're short what do you think you should do here 如果你做空，你认为你应该在这里做什么，
if anything 如果有任何
partial okay 部分好的，
or sell stop or partial the highest limit 或者卖出止损或部分最高限价
order or whatever up there which will get hit straight away now 单，或者现在会立即受到打击的任何东西，现在
now it's coming into those big bars up on 它正在进入那些大柱
the left yes yes over here 在乐 英尺是的，是的，
to be expected right now 现在可以预料到这里
i don't really want those can you can you see here 我真的不想要那些，你能看到
where you've noticed that this is coming into this big bar to the left 这里你注意到这是进入左边的这个大酒吧，
so you've put two and two together 所以你把两个和两个放在一起，
whereas if they weren't on the charts you'd you'd you'd be forced to read 而如果 它们不在图表上，如果没有其他上下文理解，您将被迫直接阅读
what's occurring directly here without that other 此处发生的事情，
contextual understanding this will take you deeper 这将使您更深入地
into pure chart reading 阅读纯图表，
but once you include 但是一旦
the context you'll have a huge edge 包含上下文，您将拥有巨大的 优势，
because the whole idea of these sessions are to push ourselves and to grow 因为这些会议的整个想法是推动我们自己成长
and to share thoughts and ideas ，分享想法和想法
and that reminds me the discord is being worked on and there's an exclusive ehp ，这让我想起了不和谐正在处理中，并且有一个专属的 ehp
room it's under a request and you guys should really take 房间正在请求中，你们真的应该
advantage of that we're gonna try and build a community 利用它我们将尝试建立一个社区，
it's gonna be active post charts 这将是活跃的发布图表
communicate with each other and you know i will pop in from time to time 相互交流，你知道我会不时
as well as you know i'm an active trader but uh 出现，你知道我是一个活跃的交易者，但呃
there will be an admin person in there or mod whatever they're called 会有一个管理员 那里或mod wh 无论如何他们都被
a moderator anyhow so yeah now i'm getting excited why am i why would i be 称为主持人所以是的现在我很兴奋为什么我为什么会
getting excited here well i see effort versus result and a good recovery now 在这里很兴奋我看到努力与结果和良好的恢复现在
i'm thinking we might get a rally 我想我们可能会得到一个集会
yeah your discord promise made me doubt your lpa 2.0 timeline yes i know the 是的你的不和谐承诺 让我怀疑你的 lpa 2.0 时间表 是的，我知道这
thing is because the markets are so volatile 件事是因为市场如此波动，
you know i'm an active trader that for me is what's of more importance than the 你知道我是一个活跃的交易者，对我来说，这比业务方面的副业更重要
sideline of the business side there's going to be a lot of things in ，会有很多事情发生
place lots of people coming in and it's there's lots of exciting things 很多人进来了，发生了很多令人兴奋的事情，
happening but it just takes a little bit longer than 但这比预期的要长一点，
expected i do apologize for that okay so yes now i'm expecting a rally 我为此道歉，好吧，是的，现在我期待一个反弹
where's the where's the market like it's reality is what i'm thinking well ，市场在哪里，就像现实就是这样 我在这里想得
here well here 很好，
so well in fact let me just draw this 这里很好，事实上，让我画这个，
i mean this is a level isn't it 我的意思是这是一个级别，不是在
here or here and that would of course be 这里还是在这里，那当然是
i would rather it tested here why yeah rally to ice 我宁愿在这里测试为什么是的，
now i have said this for those who have the breakouts course when you when you 现在我有 对那些没有的人说这个 当你
have the big uh rally to ice and you get momentum coming back in because the 有一个大的，呃反弹到冰点时，他的突破路线，你得到动力回来，因为
market unfolds faster to the downside because fear is more power or more 市场向下行方向展开得更快，因为恐惧比贪婪更有力量或更
powerful motion than greed and it's more aggressive 强大的运动，而且它更具侵略性
the rally to ice are less fulfilled than the back up to the edges of the ，冰点的反弹更少比
creek as in the back up to the edge of the creek i fulfilled much higher 小溪边缘的背靠背比小溪边缘的背靠背实现要高
significantly higher than the rally to ice as in you'll get the touch of 得多，比冰上的反弹要高得多
resistance so you've got to be a little bit more aggressive with rally to ice as 反弹到冰面时更具侵略性，
opposed to back up to the edge of the creek again 而不是再次回到小溪的边缘
another there's an edge in understanding that you need to be more aggressive 另一个有优势的是，您需要比 burics 更积极地
trading rtis than burics but then again not many people trade to 交易rtis 但又没有多少人交易到我们认为的
this downside which we don't get me started on that 这种不利因素不要让我开始那个
right 权利
wow okay 哇，好的
observations straight away here 观察，这里马上
low volume yes but what's price doing 低成交量是的，但是
so if that's low volume and it is low volume 如果那是低成交量并且成交量低，那么价格是多少？
would you say that the market has absorbed some of that buying pressure 你会说市场已经吸收了其中的一些吗？
here on this effort versus result that's why we're getting this good movement to 在这种努力与结果之间的购买压力，这就是为什么每当我们有四个向上的柱线时，我们就会将这种良好的走势向上移动，
the upside whenever we've got like four up bars
this is the best buying we have on the chart apart from 这可能是我们在图表上除了
these three bars maybe but even that ends up fast but that's 这三个柱线之外最好的买入，但即使这样也结束了 很快，但
good buying them 买它们很好，
so we come to our first level of resistance we're looking for an rti now 所以我们来到了我们正在寻找一个 rti 的第一级阻力，现在
we do get as you said uh 我们确实得到了你所说的 嗯，
good price movement but you did make one important observation 良好的价格走势，但你确实做了一个重要的观察，
it is low volume we're not expanding are we 它是低交易量，我们没有扩大是我们
that's kind of what we want to see from an rti 这就是我们希望从 rti 的心态看到的，
mindset so we see a little bit of selling well 所以我们看到了一点点卖得好
do we see selling here i mean 我们看到在这里卖吗？我的意思是
there is a bit of selling there but can we short that 那里有一些卖点，但是我们可以做空吗，
no i couldn't short that 不，我现在不能做空，
now
um what are your thoughts here look at the volume 嗯 您在这里有什么想法看看
does this encourage you with good selling continuity 数量 这是否鼓励您具有良好的销售连续性
i don't think this does is this tradable here for sure look at the volume this is
like this is the opposite of what we want to
see we want to see a weak rally and yes it doesn't have great volume there's a 看到一个疲软的反弹，是的成交量
little bit of vacuum in the market that's okay we get to our first level 不大 市场有一点真空没关系 我们达到了看跌的第一级
resistance which is bearish but 阻力位
there's an inability to react and there's no supply there 但无法做出反应而且那里没有供应
that's that's what it kind of feels like why aren't we printing a big ups on a 这就是为什么没有的感觉我们在一个好的东西上印了一个大
good you know a little upside like this boom boom 的东西你知道有点像这个繁荣的繁荣
this is poor this isn't the lunch time either 这很糟糕这不是午餐时间
this is actually my time uk time 这实际上是我的时间英国时间
attempt to hold the attempt to hold look at this think of this we're pushing 尝试保持尝试保持看看这个想想这个我们 重新推
up a little bit of selling still some selling but no real volume 高一点卖出仍然有一些卖出但没有实际成交量
then kind of poor supply now that's an attempt to hold 然后供应量很差现在这是试图持有
which has higher volume than the selling bar 比卖出条更高的成交量
do you see that do you read that so what do you think that's hinting 你看到了吗你读过那你认为这暗示了
okay do you think the next bar will be up yeah buyers are still here yes 什么 你认为下一根柱线会上涨吗 是的 买家还在这里 是的
gonna say would you think the next bar will be up or down 会说你认为下一根柱线会上涨或下跌
well clearly up
hmm
okay so now we're actually at 吗
the rti place grid we have our trading range up
thus droves into new lows beautiful we come to our first resistance level we 因此驱车进入 n 新的低点很漂亮 我们来到了我们的第一个阻力位 我们
can see that no supply no trade there you're pushing up now 可以看到那里没有供应没有交易 你现在正在推高
okay now don't let's be look so we got all 好的现在不要让我们看 所以我们得到了所有
this trading high volume so 这些交易量所以
what do you think of we have this volume trading at this level 你觉得我们有这个成交量在这个水平上
okay what do you think of this bar trying to break through here 好的 你怎么看这个柱子试图突破这里
what's your first observat observation here 你第一次观察到的
yeah it doesn't suggest a breakthrough can't short it but let's just observe 是什么
okay
we see some selling do we short this
no
uh do we short this 不，我们做空这个
no 不
short this 做空这个
interesting isn't it this bar 有趣的是不是这个酒吧
i'm gonna say good rally 我要说良好的反弹
inability to react kind of absorption and we push on up 无法对吸收做出反应，我们继续上涨，
we see a bit of selling but again i don't see anything over here do you 我们看到了一些抛售，但我再次在这里看不到任何东西
i don't think there's a signal here but if you did trade that 你是不是我认为这里没有信号但是如果你确实进行了交易
i could completely understand 我可以完全理解
thoughts here now 这里的想法现在
attempt to hold 尝试持有
oh 哦
isn't this tricky 这不是很棘手
yeah that is ease of movement to the downside 吗是的很容易向下移动
yet at the same time 但同时
what does it achieve slap banging support can we sell into 它有什么作用 实现拍打支持可以
this support when we've only kind of have that volume 当我们只有这样的数量时，我们会出售这种支持
i don't think there's anything clean here 我不认为这里有任何干净的东西
okay i think that the most opportune bar here is this one here but 好吧我认为这里最合适的酒吧是这里的这个，但
it's this just doesn't feel does this really fuel your confidence or lower 它只是不觉得这真的能助你一臂之力 信心或较低的
prices around here it doesn't it doesn't to me anyhow 价格在这里它不是对我来说无论如何都不是
okay effort versus result 好的努力与
on this bar 这个柱上的结果
is that selling commenting or is that an attempt to hold next bar should tell us 是卖出评论或试图持有下一个柱应该告诉
well it was an attempt to hold now this is an interesting bar 我们这是试图持有现在这是 一个有趣的条形图
why do i say that 为什么我要说
look at the buying here and here coming into resistance now we've got this 看看这里和这里的买盘进入阻力现在我们已经让这个
buying coming into resistance and if you think on a 30 second time frame high 买盘进入阻力如果你认为在 30 秒的时间框架上高
look high low lower high lower low so on a 30 看起来高低低低高低低等等 30
second time frame we're trending lower okay 第二个时间框架，我们趋势走低好吧，
we technically 从技术上讲，
i wouldn't say we're spring in this level but i would say that's very poor 我不会说我们在这个水平上是春天，但我会说这是非常糟糕的
demand so is this ease of movement but still we're still going to need 需求，所以这种流动性很容易，但我们仍然需要
volume to break through here so if i compare that to that 成交量才能突破 在这里，如果我将其与那个进行比较
using the analog volume is 50 less 使用模拟交易量减少 50 倍，
now we get effort versus result 现在我们得到了努力与结果
look at this one over here lower volume than this one here we see 看看这里的交易量比这里的交易量低，我们看到
closing off the highs no look from close to close from close to close so 关闭高点 没有从关闭到关闭从关闭到关闭，所以
this analog this time round is a much weaker approach 这次的模拟是很多
than this okay but 比这更弱的方法可以，但
would you say it's stronger than this i'd say stronger than this but weaker 你会说它比这更强大吗？我会说它比这更强大，但比这弱
than this
okay a little bit of supply here
[Music] now what your thoughts
yeah it is an up bar is this a valid break in any sense of the word 任何意义
i mean no 我的意思是不，
this is not a valid break and does not achieve anything with that volume 这不是一个有效的休息，也没有达到任何效果，
can you feel the difference here i know you guys aren't familiar with uh the 你能感觉到这里的不同吗？我知道你们不熟悉呃
german the 10 year bond can you see that this 德国的 10 年债券你能看到这
the personality the way it 是 个性
interacts with support and resistance is slightly different 与支撑和
slightly different to crude and the es i'm not sure if you guys can pick up on 阻力相互作用的方式
it but the way it moves and the way it prints
is slightly different the way it revolves around 略有不同
structural areas 结构区域
okay we're pushing up reverse to close weak spread 好的，我们正在向上推动反向以关闭弱点差
volume what do you think of this 量你怎么看，
so i 100 agree 所以我 100 同意 有
does anyone not agree with that 没有人不同意，
since you're only somewhat familiar yes this price action seems alien to me 因为你只是有点熟悉 是的，这个价格走势对我来说似乎很陌生
yes well my suggestion would be then in your 是的，我的建议会 然后在你
hopefully you are uh 希望你每天都在
practicing on a daily basis i would heavily advise 练习我强烈建议
practicing on different instruments you shouldn't always 你练习不同的乐器你不应该总是
you shouldn't always practice on the instrument you trade yes you'll find 你不应该总是在你交易的乐器上练习是的你会发现
nuances but the idea the idea behind it is sentiment 细微差别但是想法背后的想法情绪
will change conditions 是否会改变条件
will change and those and so more markets you look at and the more 会改变，因此您所关注的市场以及
practice you do with various instruments you may you're better prepared for when 您使用各种工具进行的练习越多，您可能会
the market conditions change because it may have the per it will shift its 在市场条件发生变化时为您做好更好的准备，因为它可能会改变它的
personality it might mold so the es might mold into the bund or it might 个性 可能会成型，因此 es可能会成型到外滩，或者它
have a little bit of crude or you know the way the way it unfolds 可能有点粗糙，或者你知道它展开的方式
um will change and the way it interacts with prices it will change and 嗯会改变以及它与价格相互作用的方式我 t会发生变化
etc etc so it does pay to practice on different 等等等等，所以在不同的乐器上练习确实是值得的，
instruments purely for the fact that conditions change and you want to be 纯粹是因为条件发生变化，你希望能够
able to adapt when the conditions change uh 在条件发生变化时适应，嗯，
yes but in beginning focus and only one or two instruments 是的，但是在开始关注时，它只依赖一两个乐器
it depends isn't it it it it depends the the first thing 不是' t它它它取决于
where i would be practicing is 我要练习的第一件事是
do you understand your edge do you understand 你了解你的优势你了解
your can you decipher a chart determine where 你是否可以破译图表确定
you want to be a buyer or seller do you understand 你想成为买家或卖家你了解
the mindset of when you're counter trend trading and understand your counter gene 你什么时候的心态 逆趋势交易，了解你的逆基因
trading and you know etc etc do you have your playbook if you don't 交易，你知道等等，你有你的剧本吗？
have a playbook that isn't written out you don't journal and you're not making
improvements then i'd only focus on one or two
instruments when you have your playbook 当你有你的剧本时，你可以专注于一两种乐器，
then you can start evolving the other side 然后你可以
by you know practicing on different instruments and 通过练习不同的乐器和
vehicles because the idea you don't have to if 车辆来开始发展另一面，因为如果
you're not looking for mastery that's fine you can still be profitable within 你不寻求精通，你不必这样做很好，你仍然可以
the markets but if you want to elevate your trade into the next level 在市场中获利，但是如果你想将你的交易提升到一个新的水平，
you have to do things that are out of the ordinary you got to push yourself 你必须做一些与众不同的事情，你必须把自己推
you know outside of your comfort zone that's where growth resides 到你的舒适区之外，这就是增长所在
anyway you're welcome 不客气
uh is the bar at 11 39 a no demand bar oh 呃是 11 39 的酒吧 一个没有需求的酒吧 哦，
hello wendy uh 你好，温迪，呃，
no but this bar 没有，但是这个酒吧
no it it it isn't a no demand bar for one 不，它不是一个没有需求的酒吧，原因之一
reason i'm thinking that's a little bit of ease of movement we see selling 是我认为这有点便于移动，我们 看到卖盘，
because the spread isn't narrow and it expands 因为点差并不窄，
even on lower volume it shows kind of a lack 甚至在成交量较低时也会扩大，这表明
of demand and there is a bit of selling pressure 需求不足，有一点卖压，
but i wouldn't be shorting this no is this the bar 但我不会做空这个不，这是吧，
just make sure that this is the bar 只要确保这个 是酒吧
or did you mean this one no you wouldn't be thinking that's a no demar mile no 还是你的意思是这个不，你不会认为那是一个无德玛英里不，
yep 是的，
no you're welcome uh 不客气，
we did have a classic no demand bar and crude 我们确实有一个经典的无需求酒吧和原油，
uh so yes selling coming into the market 所以是的，进入市场的销售
see that in a big big i mean look at this 看到 很大，我的意思是看看
to this action and this is occurring at lunchtime 这个动作，这是 oc 午餐时间出现
so very very nice 所以非常非常好
look at this attempt to hold remember we said we had a good attempt 看看这次尝试持有记住我们说我们有一个很好的
to hold now look at this poor 尝试持有现在看看这个糟糕的
small selling here 小卖
so what's our first target here 所以我们在这里的第一个目标
where's our first obstacle 是我们的第一个
yep down here glad no one said down here because this is 障碍是的在这里很高兴没有人在这里说因为
this will be incorrect to cover here okay 这是不正确的，所以我为什么要在这里覆盖，好吧，
why do i white now you're probably thinking why would i cover here that 为什么我现在是白色的，你可能在想为什么我要在这里覆盖
first one on crude now i'll ask you this why did i cover the first support of 原油的第一个现在我会问你这个为什么我要覆盖原油的第一个支持，
crude but why am i not covering here 但为什么是 我没有在这里报道
good people are listening because on crude it 好人在听，因为在原油上，这
was a counter trend trade it was against the trend here 是逆势交易，这里是
build cause we've broken down this is a rally to ice play i'm expecting um if we 逆势交易，因为我们已经崩溃了，这是对冰场的反弹，我期待嗯，如果
think in a measured move but nist are not at least 我们有节制地思考，但是 nist至少不是
another leg down to here at least that's what i'm thinking 到这里的另一条腿，至少这就是我的想法
good good contextual understanding 好的 良好的上下文理解
bit of effort versus result 有点努力与结果
this is not a good attempt to hold volume is low but it does retrace fairly 这不是保持低成交量的好尝试，但它确实回撤相当
deep so will we get another up bar no we didn't okay i thought we may have 深，所以我们会再涨一次 巴 r不，我们不好，我以为我们可能
just printed up here and then fallen down but okay 只是在这里打印然后跌落，但是好的
good increasing to the downside 好的增加下行
shortening up the thrust in the closes here 缩短收盘时的推力
approaching support 接近支撑
wow look at this look at the close to close to closer 哇看看这个看看接近接近接近
to close we know we're gonna have a rally aren't we 接近 结束了，我们知道我们将举行一次集会，是不是
we can see that and what do we do here 我们可以看到这
again when i what do we do here when we're 一点，当我们再次谈论报道时，我们在这里做什么，我们在这里做什么
talking about covering this is again my style you know pick ，这又是我的风格，你知道挑选
and choose bits that you like from 位 您喜欢
all by coffins or vsa traders okay and then amalgamate it into your own this 棺材或 VSA 交易员的所有内容，然后将其合并到您自己的
the way i cover suits me in the way that i trade and the contextual understanding
of the market whether it's higher time frame or trading away coffee and
principal how much am i expecting the mark you know the move to unfold etc etc 中 我是不是很期待这个标记你知道展开等等等等
okay now what observation we making here first of 好吧现在我们在这里做了什么观察首先
all from this 从
that's good selling yeah it's improved we're getting good flow with volume 这个很好的销售是的它得到了改善我们随着数量的增加获得了良好的流量
increasing yeah good i mean this is good selling 是的很好我的意思是这很好 满了，
but here we get we make we more to the 但在这里我们让我们
downside on lower volume okay more in terms of price 在较低的交易量上更加
increased volume yet didn't break the anchor point yep
we didn't break the anchor point which means
what does it mean means we're going to have a rally or 下行 会有反弹或
have some form of trading range doesn't it 有某种形式的交易区间
thought we could break through very unlikely when we can see the shortening 当我们看到推力的缩短时，我们不认为我们可以突破的可能性很小
of the thrust
oh dip down to reverse and close firm what do you think we should do here then 哦，向下反转并收盘你认为我们应该在这里做什么然后
where do you think the market's likely to rally 在哪里 你认为市场可能会
to we've we've you know say we have 21 contracts there 反弹吗？我们知道吗？我们有21 份合约
and we we covered seven so we've got 14 left ，我们覆盖了 7 份合约，所以还剩 14 份
i mean this is holding we can see this is holding there's 我的意思是持有我们可以看到这是持有 有
volume coming in all this volume inability to break support we're going 成交量进入 所有这些交易量都无法突破支撑，我们
to have a rally of some sort where's the market likely to rally to 将出现某种形式的反弹，市场可能会反弹到哪里
and if so ，如果是这样
does that put our trade on under position ，这是否会使我们的交易
under threat and if and if that is the case 处于威胁之下，如果是这种情况
do we fully cover and look for a re-entry ，我们是否会完全覆盖并寻找重新进入
and the only reason why i say this is because 和唯一的重新 为什么我这么说是因为
i mean first of all where's our first level of resistance 我的意思是首先我们的第一级阻力在哪里
well it's not going to be this now it's going to be under here isn't it 它不会是现在它会在下面它不是
support support support breakdown so it's going to be about here 支持支撑支撑崩溃所以它会在这里
agree we can see that 同意我们可以 看到了，
so the breakdown bar at 12 12. someone said 所以在 12 12 的细分栏。有人说
yes breakdown bar around here that puts our trade under pressure so you can even 是的，这里的细分栏让我们的交易承受压力，所以你甚至可以
look for an entry pass your cover i'll let you decide it's not waste too much 寻找一个进入通过你的掩护我会让你决定这不会浪费太多
time on this i just want to get you into the correct 时间我只是 想让您进入正确
way of thinking and all of this all this thought process 的思维方式以及所有这些思考过程，
as we're coming down you should know that your limit order 因为我们正在下降您应该知道您的限价单
will be in and then you have to create scenarios well what do i do if the 将进入，然后您必须很好地创建场景如果市场出现我该怎么办
market does rally all of this should be thought 所有这一切都应该事先考虑好
in advance it's like chess b three or four hit b ，就像国际象棋 b 三四击中 b
three or four moves ahead of the market if you're right that's great and if 三四步领先市场，如果你是对的，那很好，如果
you're wrong that's great because you can disconfirm your original thought 你错了，那很好，因为你可以否定你最初的思考
process which means something's wrong and then you can make adjustments 过程 意味着某事 错误，然后您可以进行调整，
or if you don't make any preparations you'll be 或者如果您不做任何准备，您就会
you know the uh the rabbit headlights stuck markets going against you you 知道呃兔子头灯卡住了对您不利的市场您
haven't covered you don't know do anything you make poor trading decisions 没有涵盖您不知道做任何事情您做出糟糕的交易决定
and that's not what we want we don't want poor trading decisions sometimes 这不是我们想要的我们不想要糟糕的交易决策有时
you get lucky and sometimes you won't but we don't 你很幸运，有时你不会但我们不
want luck we want to be making the correct 想要运气我们想要做出正确的
decisions want consistency 决定想要一致性
okay 好
so we're not rallying 所以我们现在不团结
okay now
we're welling but first observation would be 我们正在蓬勃发展，但首先观察到的是
we come down here we rally we come down here with all this volume we don't break 我们来到这里我们反弹我们来到这里我们没有打破所有这些成交量
yet we're not taking off straight away yeah 但我们没有立即起飞是的
it did pull it did take a while which is which is telling us 它确实拉了它确实需要一段时间这是 告诉我们，
i mean i don't see a transference between buyers and 我的意思是我在这里看不到买卖双方之间的转移，
sellers here i mean could you be thinking this is climactic 我的意思是，您是否会认为这是高潮，
it's just incorrect place to be climactic isn't it 这只是高潮的地方不正确，是不是
down here with increasing spreads in the oversold condition 在此处随着超卖情况下的价差增加，
you know the volume slightly higher volume so yeah 您对交易量略有了解 高 r 音量 所以是的
i wouldn't be thinking that's climactic 我不会认为这是高潮
reaction try to rally react poor reaction 反应 尝试反弹反应不佳
buying i think we might have a rally now 购买我认为我们现在可能
okay definitely now he says
okay definitely a rally now
what do you think of this i thought was going to take off here 会反弹 在这里，
i honestly can't remember 我真的不记得了，
uh 呃，
but i like this bar why do i like this bar 但我喜欢这个酒吧为什么我喜欢这个
from way why do i like this bar form that we 酒吧为什么我喜欢这个酒吧形式我们
have a rally is because it doesn't break and we have extremely high volume 有一个反弹是因为它没有破裂而且我们有非常高的成交量
we know this we know this by now this is a suspect bar isn't it it's like an 我们知道这一点 我们现在知道这是一个可疑的柱不是它就像一个
anomaly you can trade these you can create a setup around these if you 异常你可以交易这些你可以围绕这些创建一个设置如果你
go go back through the markets understand 回到市场了解
these bars the contextual nature of these bars 这些柱这些柱的上下文性质
study 100 of them and create a strategy around it it's all my to-do list i 研究其中的 100 并围绕它制定一个策略这是我所有的待办事项清单我
haven't done it but 还没有完成但
i'm posing that you should do this 我假设你应该这样做
if you want to 如果你想
wow okay a huge effort versus result 哇好一个巨大的努力与结果
oh wow i what are your thoughts here then 哦哇我你的想法是什么那么
i know what i'm thinking straight away yes doesn't break even higher volume 我 马上就知道我在想什么是的 '不要突破比这里更高的交易量
than over here and we're not really breaking down are ，我们并没有真正崩溃，
we like we know the market can break down look 我们就像我们知道市场可以崩溃看起来
market is can produce breakdown bars but still we are drifting lower 市场可以产生击穿柱，但我们仍然在走低
which is good for from you know we're still short don't forget so this is all ，这对你有好处知道我们是仍然很短，不要忘记，所以这都是
good behavior but i thought we would have had a rally 很好的行为，但我认为我们会进行一次集会，
okay we do have a rally 好吧我们确实有一次集会，
hmm 嗯
this action over here as well i wouldn't be labeling this a ，这里也有这个动作，我不会将其标记为
four-bar spring three bars are under 四杆弹簧，三个杆在下方
one bar is above this is just not what i classify as a spring okay 一根柱子在上面，这不是我归类为春天的东西，好吧，
so we come up kind of don't really react then we get a 所以我们出现了一种没有真正反应的情况，然后我们
breakthrough here to the upside is this a valid break 在这里取得了突破，这是一个有效的突破
yes it is ，是的
so well we have a supply confluence here ，很好，我们有一个供应汇合 在这里
don't we let's see how the market interacts with ，我们不让我们看看市场如何与此相互作用，
this and
no one said about stops or anything so i put when you would you put just one tick 没有人说止损或任何东西，所以我说你什么时候会放低一个刻度线
low or something well no you probably could not know that 或其他东西，不，你可能不知道，
couldn't you oh well we see supply great 你不能，哦，好吧，我们 看到供应量仍然很大，
still supply not as aggressive 供应量没有那么激进地
pushing up still see supply 推高 仍然看到供应，
hmm what are your thoughts here then 嗯，你的想法是什么，然后
it isn't reacting i mean it's really trying to isn't it 它没有反应我的意思是它真的在努力，不是它
really trying to pushing that well i mean it's still 真的在努力推动那么好我的意思是它仍在
closing off the highs there's still supply in here 关闭高点这里仍然有供应
boom slam straight down 繁荣猛烈直落
what do you think of this 怎么办 你想到这一点，
let's have a look from a macro perspective 让我们从宏观的角度来
what are your thoughts 看看你的想法
yeah lower prices on the cards yeah i would say that this supply confluence 是什么他妈的是的，较低的价格是的，是的，我会说这种供应
has actually worked 融合确实有效
and when we weaken yeah effectively and we haven't weakened ，当我们有效地削弱它时，是的，我们并没有削弱
it that much the supply line where do you think the market's likely 它那么 供应线
to go to when we overthrow an area of a trend channel 当我们推翻趋势通道的某个区域时，您认为市场
yeah it goes to the opposite side which is down here 可能会走向
so is this a trading opportunity
and by the way these are only 10 euros a tick
so this is not you know that rich 哪里 这不是你知道，富有
it's not like crude these aren't 60 70 point bars ，不像原油，这些不是 60 70点酒吧
okay
again another little advantage of trading uh the band ，又是交易的另一个小优势，嗯，乐队
sell okay 出售，好吧，
sell or 出售或
see if we get a retest yeah well we could potentially get a retest yeah 看看我们是否得到重新测试，是的，我们可能有潜力 重新测试是的，
this was always the problem was selling right here 这一直是问题在这里出售
that we have encountered a bit of buying at this support level ，我们在这个支撑位遇到了一些买盘，
haven't we 不是吗？
that's kind of a very that's kind of the bar you want to see where demand drops 这就是你想看到需求下降 50 的酒吧吗？
off by 50 we've got this this is our line in the 有了这个，这是我们在沙滩上的生产线，
sand now isn't it this 不是吗，
just have to only stop here
now we are coming into the area of this supply line again 现在我们要再次进入这条供应线的区域了
wow so
what do you think of this
said again yeah if you're not if first of all we're sure we 不是，如果首先我们确定我们
pass recovered if if you would have covered all the way 通过了恢复如果你会一直覆盖
down here you add here you may be full clip size 到这里你在这里添加你可能又是完整的剪辑
again but if you don't trade this you have to trade this now 大小但是如果你不交易这个你必须交易这个现在
thing is 是
you don't we don't know that this is going to unfold we can see that this is 你 难道我们不知道这将要展开吗？我们可以看到，这
clearly a much better entry than this you know this is kind of a 显然是一个比这更好的入口，你知道
this is a very nice kind of key reversal to the downside here this is a lovely 这是一种非常好的关键反转，这是一种 可爱的
you know pump comes above it engulfs it's a bearish engulfing here 你知道泵在它上方吞没它是一个看跌的吞没在这里
we see selling emerge but look at this kind of these aren't no demand they're 我们看到卖盘出现但是lo 好吧，在这种情况下，这些并不是没有需求，它们是
kind of weak buying bars in an air of the breakdown bar the supply bar and 在细分栏供应栏的空气中的一种疲软的购买栏，
then we see good selling emerge once again so this is telling us 然后我们看到良好的销售再次出现，所以这告诉我们
now we're going lower 现在我们正在
it's good selling emerging where it should 走低 良好的销售出现在应该的
what do you think we do here 地方你认为我们在这里做什么
we're at support level do we cover here 我们处于支撑位我们在这里覆盖吗
no i wouldn't 不我不会
didn't
now we've got short enough fuss in the closes this bar drastically load look 现在我们在收盘时有足够的小题大做这个栏大幅加载看起来交易
the volume reduces so we're going to have a rally of sorts now again if we're 量减少 因此，如果我们
going to have a rally of sorts you've got to ask yourself if it puts you under 要进行某种形式的集会，我们现在将再次进行某种形式的集会，你必须问问自己这是否会让你受到
threat or makes you feel uncomfortable cover 威胁或让你感到不舒服
look for a potential re-entry 寻找潜在的重新进入
oh that's exactly what you want to see 哦，这正是你想要看到的
three good bars better than these bars and that is a hidden spring 三个比这些酒吧更好的好酒吧，那是一个隐藏的弹簧，
so uh would anyone uh would you have traded this hidden spring 所以呃，有人会吗，你会交易这个隐藏的弹簧吗？
no the context is just incorrect isn't it 不，上下文只是不正确，这不是
good 很好
clearly a little local level here 吗？
okay local level what do you make of this 好的本地级别你怎么看这个
what's this
hidden up thrust nearly over soul condition 隐藏了什么 向上推力几乎超过灵魂状态
uh nearly overbought condition 呃几乎超买状态
this again is another opportunity to trade why why do i say this well i like 这又是一个交易机会 为什么我说得这么好 我喜欢
this we come down 这个我们下来了
okay last time we come down we bounced off we rallied here we hold a little 好的 上次我们下来 我们反弹了 我们在这里反弹 我们握得有点
tight trading wrench inability to rally we have this little local trading range 紧 交易扳手无能 为了反弹，我们有一个小的局部交易区间
look we just see supply come out can you see how the bund here 看看我们只是看到供应出来了你能看到这里的外滩
it does produce those nice signals isn't it 它是如何产生这些好的信号的吗
no that's not effort versus result that is supply coming in pushes up 不是不是努力与结果是供应进来推高
comes down down bar good volume supply would anyone i could think i understand 下跌吧 良好的供应量我能认为我
what you mean but would anyone think that this is effort versus result 理解你的意思但是有人会认为这是努力与结果
i would say that supply is overcoming demand there 我会说供应正在克服需求
yeah think about the think of the dynamics the market pushes up above this 是的想想市场推高到这个结构区域上方的动态
structural area there could be lots of you know people 可能 很多人都知道
buying here buying here buying here then boom sellers just slam it back down 在这里买的人在这里买在这里然后繁荣的卖家只是猛烈抨击它，
absorb all the attempts to buy and close is technically a down bar 吸收所有的买入尝试，从技术上讲，关闭是一个下跌的酒吧
beautiful i mean this is this is the great thing about trading different 漂亮我的意思是这是交易不同
instruments is the no demand bars or especially here the supply bars 工具的好处是没有需求条，或者特别是这里的供应条
are very very pronounced aren't they they're very obvious 非常明显，不是吗？它们非常明显，
they have very good price action characteristics 它们具有非常好的价格行为特征
it's not like that on the es or crude not in this kind of flavor not so ，不是那样的 es 或原油不是这种味道，不是，所以
i mean these are kind of blatant in the way aren't they 我的意思是这些有点明显，不是
especially to our trained eyes in this room 特别适合我们在这个房间里训练有素的眼睛吗？
i like the fact look at this look at this 我喜欢这个事实看看这个看看这个
i like i like to see this when the market 我喜欢我喜欢看当市场
comes down like this comes from first support it breaks down and then holds 像这样下跌时，它来自第一个支撑位，它下跌，然后
under that level for a couple of bars you know comes down tries to come that 在该水平下方保持几个柱状图，您知道下跌
comes down again tries to push on up cell is still there holding under 尝试下跌，再次下跌尝试推动上涨单元仍然存在，在支撑下保持
support beautiful then we get a continuation look at the 美丽然后我们继续看
continue look at the breakdown bar attempt to hold 继续看细分栏尝试
the volume reduces we come back down the volume increases very obvious 保持成交量减少我们回落成交量增加非常明显
the way we can read this different 我们可以阅读的方式
to what we're used to 与我们习惯的不同
look at this calm down look look look at this 看看这个冷静下来看看看看这个
we come down sustained volume we try to rally 我们下降了持续的交易量我们试图反弹交易
volume reduces breaks down volume increases just 量减少分解交易量增加
can everyone just see how beautiful 每个人都可以看到
this price action is with the volume it's 这个价格行为与交易量有多么美丽
it's textbook in every sense wonderful wonderful trading 它在任何意义上都是教科书美妙的交易
and what do you think we do here 以及什么 你认为我们在这里做吗
yes now does this look climactic 是的现在这看起来很高潮
sorry someone said pasta cover and yes of course we do here 对不起有人说意大利面封面是的当然我们在这里做
uh yeah i'd say 呃是的我想说
i mean there's definitely some buying coming in but we closed week the spread 我的意思是肯定有一些购买但我们关闭了一周点差
hasn't really increased okay so from a trademark and this is a 并没有真正增加好的 所以从一个商标，这是一个
nice trade you know well just just from this one alone 50 很好的交易，你很清楚仅仅从这个 50
that's a thing that's 55 65 ticks 这是一个 5565 滴答声
very very nice now where's our line in the sand 非常非常好的现在我们的线在哪里
i'd say this is our no demand this is our 我会说这是我们没有要求这是我们的
breakdown bar probably above the highest here right 故障 酒吧可能高于这里的最高点，
around 50 of the swing one for 420 yes bang on well done that's 大约在 50 左右摆动一个 420 是的，干得好，这
exactly why i put it so we'd expect a rally 正是我放它的原因，所以我们期望一个集会
cover that's a nice sizeable leg down 封面，这是一个很好的相当大的腿，
especially if we trade and seal some of these from here very nice leg down i'll 特别是如果我们交易 e并从这里密封其中一些非常好的腿我
probably cover 50 percent here 可能会在这里覆盖50％
bit of effort versus results so we are going to have a rally of sorts 的努力与结果所以我们将进行各种集会
look at this 看看
isn't this like slightly different here we break down we 这不是有点不同在这里我们分解我们
have no demand then we break down we become oversold 没有需求，然后我们崩溃，我们变得超卖，
so then we try to rally look there's a lot of volume coming in here then we get 所以我们尝试反弹，看这里有很多成交量，然后我们在这里得到
even higher volume here but still no ability to push up 更高的成交量，但仍然没有能力推高
question mark like 问号，
wouldn't you think if this little local shelf fails you'd let the market pull 你不认为如果这个小 本地货架失败，你会让市场拉
you in 你进去，
or the supply bar here aggressive this is because we're in an 或者这里的供应条很激进，这是因为我们处于
oversold condition but 超卖状态，但
we are still in position so if we break these lows let's see what 我们仍然处于位置，所以如果我们突破这些低点，让我们看看
happens but well now we have broken these loads 会发生什么，但现在我们已经突破了 这些
where do you think our stop is now 负载你认为我们现在的止损点
where's our lie in the sand yeah 144 around here yep good 在哪里是我们在沙滩上的谎言是的 144在这里附近是的很好
move it down 移动它
we act down 我们采取行动
attempt to rally extremely poor
before we continue south 在我们继续向南之前反弹非常糟糕
and we'll call it a day here 我们将在这里收工
beautiful beautiful beautiful trading we have a little trench channel from here 美丽美丽美丽的交易 我们从这里有一个小沟渠，
which helps us aids us with because 它可以帮助我们，因为
we'll cover it 我们会覆盖它
or breaking down etc oh my word anyway you get the idea 或破坏
let me just take this off okay
how did people find the bund because i know we haven't covered this probably 等等 可能
for over a year in fact what are your thoughts on the 已经有一年多没有报道了，事实上你对包子的个性有什么看法，
personality of the buns can you can you kind of see the 你能看到
slightly different characteristics and the personality of it 略有不同的特征和它的个性吗？
subtle but there
and being in the uk and being the first thing obviously i keep an eye on this 显然，我会密切关注这一点，
especially because of the interest rates whenever whenever the bank of england 尤其是因为每当英格兰银行和欧洲
and ecb and all that are going to start getting involved with 央行以及所有将开始参与
interest rate decisions keeps an eye 利率决策的人都会
to uh for those in europe anyway to pay attention to this 关注呃，因为无论如何欧洲的人都要注意这一点，
yeah it's the same as zb but this is this is a very liquid contract when i 是的 它和 zb 一样，但是当我刚开始交易时，这是一个流动性很强的合约，
first started trading uh 呃，
this had like seven eight hundred thousand contracts and the s p's back 这有大约 780万份合约，而当时的 s p
then was only about a mill or one point one mill i mean now it's grown 只是大约 1 个或 1 个第一点 我的意思是现在它已经
significantly like its mass is you know it's huge now but i guess that's due to 像它的质量一样显
the rise of uh all those gurus trading on the beach 着增长了
with their lamborghinis on their phones there's a lot of liquidity in the s ps
rather than but this is still a very very good 而不是，但这仍然是一个非常非常好的
contract i mean look 12 000 contracts on a 合约，我的意思是在
three minute bar there's enough liquidity here for some good good moves 三分钟的柱子上看 12 000 份合约 这里有足够的流动性，可以进行一些好的好动作
okay any questions
for this chart
uh question here you feel the current es market today in two three days back 几天前
market is turning on a dime it's curious if you're also feeling the same way or 市场正在转动一角它很好奇你是否也有同样的感觉或者
for you it's no difference yeah it makes no difference to me i'm an internet well 对你来说这没有区别是的这对我来说没有区别我是一个很好的互联网
i'm i'm in cash in my swing trading 我在我的摆动交易中现金
portfolio maybe one position on 投资组合可能是一个
which just increases which which actually just increases my 只会增加的仓位，实际上只会增加我的
size my day trading so it doesn't really 日内交易规模，所以
you know make that much difference uh 你真的不知道会产生多大的影响，嗯，
no because effectively i'm an intraday specialist 不，因为实际上我是一个盘中专家
which is this you're late on most of your trades well you don't have to trade ，这就是你你的大部分交易都很好，你不必
the es 交易 es
there are many many many many many markets to trade 有很多很多很多很多市场可以交易，
uh and there will be an fx 嗯，会有一个 fx
i think there will be an fx part in lpa 2.0 as well 我认为 lpa 2.0 中会有一个 fx 部分以及
stylistically slightly different we did trade some fx in ehp didn't we a year 风格上略有不同我们确实在 ehp 中交易了一些外汇 不是一
ago or year and a half ago uh it's not something it's not something 年前还是一年半前呃 这不是什么 这不是
i really tend to do i understand why people want to trade fx 我真正倾向于做的事情 我理解为什么人们想要交易外汇，
because it's simply down to leverage and 因为它只是为了利用杠杆和
inverted commas easy access where you are in the world yeah fx is 引号，易于访问你在世界的什么地方是的，
forex yeah but 外汇是外汇，是的，但是它
the character and the way the way it moves 的特征和移动
is is different and why do i say it's different it's 方式是不同的，我为什么说它不同，
because there's because there's there's a lot of liquidity 因为有很多流动性
and you can spring a certain level three ，你可以达到一定的水平
four five times you know you don't get five springs on 三四 五次你
the support level in crew do you don't get four or five springs 知道你没有在船员的支持水平上得到五个弹簧你在es中没有得到四个或五个弹簧吗
in the es there's a lot of stop hunts i mean the volume 有很多停止搜索我的意思是
the the volume doesn't matter because you can use tick volume 音量音量并不重要因为你可以 使用刻度量，
you can use amount you can there's all different ways of using the volume okay 你可以 使用量 你可以 有所有不同的方式来使用音量 好吧
it's it's about 90 correct which is fine it's the way it interacts with the 它大约是 90 正确这很好这是它与结构级别交互的方式
structural levels which is which which is different 这是不同的
okay like people 好吧 就像人们
want to trade fx due to the accessibility i guess you 想要交易外汇由于可访问性我猜你
know sitting up on your phone blah blah blah blah leverage easy access and you 知道坐在你的手机上等等等等等等，杠杆很容易访问，你
can trade you know five peer point ten peer point pounder point but for me 可以交易你知道五点十点，但对我
and for many others actually the the character and the personality is 和其他许多人来说，实际上性格和个性
not in your favor it's a lot easier in my eyes trading the 对你不利，这要容易得多 在我看来，交易
futures markets much much easier 期货市场要容易得多
and i don't like trading equities either i don't like trading stocks i do trade ，我不喜欢交易股票或者我不喜欢交易股票我交易
stocks i'll have my blue chips or my certain ones which are on my watch list 股票我将拥有我的蓝筹股或某些在我的观察名单上的股票，
but that's only form a 60 minute time frame 但这只是 形成 60 分钟的
i don't really trade anything lower than the time frame and stocks i don't like
the way it moves i guess i'm a future specialist but uh
enough waffle okay uh any questions for this chart 时间范围 哈特
yes thank you everybody thank you paul uh and for those watching on review 是的，谢谢大家，谢谢保罗，呃，对于那些观看评论的人，
please send any questions regarding wyckoff vsa foul trays or successful 请将有关wyckoff vsa 脏托盘或成功
trays to info at fadey fabletrading.com 托盘的任何问题发送到 fadey fabletrading.com 上的信息
reference e hp okay 参考 e hp好的
right thank you very much everybody have a ，非常感谢大家有一个
great trading week some fantastic questions and i shall see you all next 很棒的交易周 奇妙的问题，我下
tuesday bye now 周二再见