Emoji Trading Order Flow Video Series 4: Absorption - act upon the market's reaction.

Summary

本视频是Emoji交易订单流系列的第四集，讲解如何通过订单流和成交量来分析市场反应。视频强调交易时不要只关注积极交易者的动作，而应考虑市场对这些动作的反应。通过使用数字柱状图，可以识别主动买卖行为背后的市场吸收情况，从而帮助做出更明智的交易决策。视频介绍了几种关键指标，如控制点（POC）和吸收指标，帮助交易者更清楚地理解买卖双方的力量对比，避免陷入错误交易，并跟随市场主力的方向。

Takeaways

• 😀 市场的反应比交易的表面行为更重要，尤其是在考虑成交量时。
• 📊 仅依靠积极的买卖行为并不足以做出交易决策，需要观察市场对这些行为的反应。
• 💡 牛顿第三定律应用于交易中：每个行动都有相应的市场反应，这对判断市场方向非常关键。
• 🔍 在订单流图表中，通过观察吸收行为，可以判断市场供需是否匹配。
• 📉 当买方积极买入大量合约但价格没有上涨时，说明市场供应能够吸收这些需求。
• 📈 同样地，当卖方大量卖出但价格不下降时，说明市场有足够的需求支撑价格。
• 🔑 交易者需要避免成为被困的交易者，了解吸收的关键价位能够帮助他们做出更明智的交易决策。
• 💥 被困的交易者会在无法忍受亏损时平仓，这反过来可能加速价格的反向运动。
• 📌 通过使用Emoji吸收指标，可以有效识别买卖高峰时市场对大宗交易的反应。
• 🚀 视频系列通过结合多种订单流指标，帮助交易者更好地解读市场，并根据市场反应制定交易计划。

Q & A

问题1：什么是订单流交易中市场反应的关键因素？

订单流交易中市场反应的关键因素是市场对激进交易者行为的反应。通过观察市场的供需关系，判断价格是否按照预期的方向移动，从而做出交易决策。

问题2：激进买家的行为会导致价格上涨吗？

通常，激进买家大量购买会导致价格上涨，但如果市场中有足够的供应来吸收这种买入行为，价格可能不会上涨。这是一个信号，表明供应超过需求。

问题3：当激进的交易者买入但价格不上涨时，会发生什么？

如果激进买家买入后价格未上涨，这意味着市场中的供应充足。此时，买家可能会反向卖出，增加市场供应，从而导致价格下跌。

问题4：什么是控制点（Point of Control），它在交易中有什么作用？

控制点是指在价格柱中交易量最大的价格水平。它显示了买卖双方在某个价格水平上激烈竞争的情况，帮助交易者判断市场中哪一方占据主导地位。

问题5：控制点位于价格柱顶部但收盘价低于开盘价时说明了什么？

这种情况表明买卖双方在价格柱顶部展开了激烈竞争，但最终卖方占据了主导地位，因为价格收盘低于开盘价。

问题6：陷阱交易者（trapped traders）是什么？

陷阱交易者是指在市场顶部买入或在底部卖出后，价格反转导致他们被困在亏损位置的交易者。通常，他们会在无法承受亏损时平仓，进一步推动价格朝相反方向移动。

问题7：如何通过Emoji指标识别陷阱交易者？

Emoji指标通过显示激进交易者的行为是否被更大的交易力量吸收，帮助识别陷阱交易者。这些交易者的买入或卖出行为未能推动价格朝预期方向移动，表明他们被困在了亏损的交易中。

问题8：吸收（absorption）在订单流交易中意味着什么？

吸收指的是市场中被动交易者吸收了激进交易者的订单。例如，激进的买单未能推动价格上涨，说明有足够的被动卖家吸收了这些买单。

问题9：如何使用吸收指标来避免成为陷阱交易者？

吸收指标可以帮助交易者识别价格柱顶部或底部的吸收情况，避免在不利的时机买入或卖出。通过识别这些情况，交易者可以做出与强大市场力量一致的交易决策。

问题10：如何利用Emoji吸收序列指标来识别重要的价格水平？

Emoji吸收序列指标通过回顾多个价格柱，突出显示买入或卖出量最大的价格水平。这些价格水平代表了市场中的重要支撑和阻力位，帮助交易者做出更明智的决策。

Outlines

00:00

📊 通过订单流分析市场反应

在本视频中，Lee Harris 介绍了如何通过订单流和交易量来解读市场反应。交易者往往会过于关注激进交易者的可见行为，但重要的是要考虑市场对这些交易的反应。视频解释了牛顿第三定律与交易的联系，说明当市场未按预期上涨时，可能是由于供应过多。此外，还介绍了如何通过数字条形图来观察订单流，帮助交易者更好地理解市场的反应并做出决策。

05:01

💡 如何识别市场吸收行为

本段讨论了吸收指标如何帮助识别市场对其他交易行为的反应。通过使用 Emoji 吸收指标，交易者可以看到在价格条形图的极端位置上，价格没有按照预期移动的情况。被动交易者的行为在此处显得尤为重要，尤其是在大量买入或卖出时价格停滞的情况下。通过这种分析，交易者可以避免成为被市场困住的交易者，从而更好地顺应市场趋势。

Keywords

💡订单流

订单流指的是市场中交易订单的流动，尤其是买方和卖方的交易行为。视频主要讨论了如何通过观察订单流来判断市场反应，帮助交易者做出更明智的交易决策。

💡交易量

交易量是衡量市场中买卖行为的一个重要指标。视频中强调了交易者需要注意交易量的变化，特别是在订单流中，它能够揭示市场的潜在供需关系。

💡主动交易者

主动交易者是指那些通过积极下单推动市场价格变动的交易者。视频提到，当看到大量红色和绿色的不平衡时，往往是因为主动交易者的行为，交易者可能因此产生“错失良机”的情绪。

💡市场反应

市场反应是指市场对于主动交易者行为的回应。视频强调了理解市场反应的重要性，尤其是当市场没有按照预期上涨或下跌时，这可能表明市场供需之间的较量。

💡吸收

吸收指的是市场中大额交易被另一方的大型交易所吸收，阻止价格按预期方向移动。视频讨论了当市场出现这种吸收现象时，交易者应如何判断和利用这一信息。

💡控制点（POC）

控制点（POC）是指在某个价格区间内交易量最大的价格水平。视频提到，POC的出现可以帮助交易者理解市场中买卖双方力量的较量，并决定市场走势。

💡数字柱图

数字柱图是一种用于显示市场中不同价格水平的交易量的图表类型。视频中建议交易者使用数字柱图来更清晰地查看市场中的订单流和交易行为，从而做出更精准的判断。

💡陷入困境的交易者

陷入困境的交易者是指那些在市场反转时因无法及时止损而遭受损失的交易者。视频用'呕吐'这个术语来形容这些交易者在价格下跌时抛售自己的持仓。

💡吸收指标

吸收指标用于识别市场中的吸收行为，帮助交易者判断市场是否能够吸收大量的买卖单。视频中介绍了该指标的使用，尤其是在价格没有按预期移动时，交易者可以利用吸收指标避免陷入困境。

💡供需关系

供需关系是市场价格波动的核心驱动因素。视频提到，通过理解市场中的供需平衡，交易者能够更好地预测市场的未来走势，并做出更加理性的交易决策。

Highlights

Understanding the reaction of the market to aggressive traders is crucial for order flow analysis.

Traders often get caught up in aggressive trading, reacting out of fear of missing out (FOMO).

Newton's third law of action and reaction applies to market behavior; every action has an equal and opposite reaction.

Absorption of aggressive trading activity by the opposite side is a key concept in market reactions.

When price doesn't move as expected after aggressive buying, it indicates a larger supply in the market.

A key sign of market power is when aggressive buyers or sellers fail to push the market in their direction.

The Emoji Trading Order Flow Suite includes tools that help traders see absorption of aggressive activity.

The 'Point of Control' (POC) shows where the most volume was traded within a price bar, indicating market sentiment.

A lower bar close despite high POC at the top suggests sellers absorbed the buyers' activity.

Trapped traders are those who buy at the high or sell at the low, only to be absorbed by larger market players.

The 'Trapped Traders' indicator highlights situations where aggressive traders are stuck in losing positions.

Absorption at extreme price levels can signal when buyers or sellers are being overwhelmed by opposite forces.

The Emoji 'Absorption at Extreme' indicator helps traders avoid becoming trapped by showing market reactions.

Consistent price levels of buying or selling can be highlighted across multiple bars using the Emoji Absorption Sequence indicator.

By combining these order flow concepts, traders can align their strategies with the market's reaction to large traders.

Transcripts

welcome to video four in the emoji

trading order flow video series my name

is Lee Harris and today we're going to

cover how we read the reaction of the

market when we trade with order flow and

when we consider the impact of traded

volume it's very easy to become overly

focused on the visible actions of

aggressive traders we covered their

activity in our previous video on

aggressive and initiative activity and

it's easy to understand why being get

caught up in this way of thinking we see

lots of red and green imbalances

printing on a chart we see price moving

quickly and we want to jump on board to

move for the fear of missing out on a

potentially good trade it's as important

to consider though and you know what

potentially even more important to think

about the other side of these trades

that's happening we need to ask

ourselves what is the market's reaction

to the action of these aggressive

traders in basic physics Newton's third

law states that to every action there is

an equal and opposite reaction as

traders looking to make decisions based

upon the markets reactions traded volume

we need to stay really alert situations

where the market does not react as we

would expect it to

if we see a buyer lift the offer with a

thousand contracts we may well expect

price to rise as they buy the contracts

that being offered by sellers but if

price doesn't rise as we would expect

then there's a clear sign that the

amount of supply in the market is able

to absorb this level of buying if the

amount of supply is higher than the

amount of demand then price is going to

fall until such point as supply and

demand are matched this fall can well be

accelerated when an aggressive buyer who

sees that after buying large quantity

price did not go up actually sells their

contracts which in turn and small supply

to the market if you trade using a

regular candlestick chart you're not

going to get any visibility whatsoever

of this sort of situation by observing

order flow using a numbers bar chart you

could see this situation as aggressive

buying but aggressive buying on its own

is not enough information upon which to

make your trading decision we have to

consider the markets reaction to the

aggressive buying and make trading

decisions based potentially upon what

didn't happen

the emoti trading order flow sweet can

help bring these situations to life

there's a number of indicators that will

help the trader to see when we've got

absorption of aggressive buying or

selling activity and in turn it helps

you to make informed trading decisions

within a price bar we refer to the price

level where the most volume traded as

the point of control you can highlight

this price level using numbers bus let's

imagine a price bar where the maximum

volume traded the point of control

occurred at the top of the bar but the

bar actually closed lower than where it

opened it was a down bar what this shows

us is that there was a fault out battle

between the buyers and sellers using

heavy volume at the top of the bar

but because the bar closed lower the

sellers one of course the opposite

applies if we've got the point control

at the bottom of the bar and the bar

closed higher there was a battle over

price at the extreme of the bar and the

buyers won when we come across this

situation it's a pretty clear indication

of which side of the market holds more

power and is able to absorb the trading

activity of the other side of the market

and we can use the Emoji POC as extreme

indicator to highlight these trading

conditions

at some point in their trading career

everybody's bought the high or sold the

low perhaps some people who can do this

every day when a trader does this

they've been trapped by the larger

trading power that's on the opposite

side of their trade this larger trading

power has absorbed their activity and as

price falls back it will actually fall

faster as people exit they're losing

trades or s stops are triggered we refer

to this situation is trapped traders the

traders who bought the high are traps

and exit their positions when they can't

take anymore pain it's known as puking

they puke their position likewise people

who sold the low are trapped and they

will buy to cover their short position

emoji can highlight these conditions for

you the trapped traders indicator will

highlight when the actions of aggressive

traders who lifted the offer or hid the

bid are being absorbed by larger traders

on the other side of the market leaving

those aggressive traders trapped in

their losing positions let's revisit our

absorption indicators we covered these

initially in our second video that was

considering Delta specifically in the

section where we were looking at

intrabar Delta in other words the

differences between buying and selling

its individual price levels as we're now

considering the reaction of the markets

to the action of others trading actions

let's see how the Emoji absorption

indicators help us identify this

reaction when we have a price as an

extreme of a price bar but price does

not move in the direction that we expect

it's clear that we have a passive trader

who is absorbing the initiative activity

of other traders if there is a lot of

buying near the top of a bar but price

does not continue higher we have a large

passive seller who is absorbing all of

this demand and has sufficient supply in

order to prevent price going higher

likewise near the bottom of the price

bar if we have aggressive selling but

price does not continue lower it's clear

that there is sufficient demand

potentially from large baffled

to halt this price decline and as these

short sellers give up on their attempts

to drive cry slower they may well cover

their positions which will drive price

higher

we can use the Emoji absorption at

extreme indicator to highlight

situations where the maximum amount of

buying occurred at the top of the bar

but price did not continue higher

likewise it will highlight when the

maximum amount of selling occurred at

the bottom of the bar but price did not

continue lower you can use this

information to actually avoid becoming a

traps trader and subsequently you'll be

trading in the direction of the markets

which is supported by the more powerful

traders so absorption at extreme shows

us when the buying or selling at the

extreme of a bar is being absorbed but

we also saw in video 2 how certain price

levels will consistently see the maximum

amount of buying or selling activity

when we look at charts it can be really

hard to look horizontally of consistency

at price levels somehow we're programmed

to focus on highs and lows we can use

sierra chart to tell us the maximum

amount of buying or selling liquor in

every price bar but there's a lot of

information that gets presented we see

it in every bar and personally I find it

hard to filter out the consistent price

levels amongst all the noise that's

being presented on the chart using the

Emoji absorption sequence indicator we

can have sierra chart look back across a

number of bars and will highlight when

the maximum amount of buying or selling

occurred at the same price within these

bars and will highlight those price

levels where this situations occurred

this really helps absorption a

particular price that'll stand out and

can aid us in being on the right side of

the market and understanding where the

real time support and resistance in the

market is actually occurring so far in

our video series we've explained how you

can chart using numbers bars to get a

view of the traded volume that occurred

in the market we've also seen how by

visualizing delta on numbers bars charts

you can get a sense of the buying and

selling power at different times and at

different price levels within the market

in our previous video we highlighted the

actions of large traders and in this

video we've learned how to

read the market's reaction to the

actions of those large traders by now

you should be starting to get a sense of

how by pushing these various concepts

together and using the emoji order flow

indicators to bring these concepts to

life on your screen you can start to

interpret the market's response to

trading activity and use this response

to plan your own trading that's aligned

to the markets response in our next

video we're going to look at the market

at a higher level than action and

reaction and we're going to be thinking

about how we gauge supply and demand

within the market see you then

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