so in this section I'll go into technical analysis for stock trading so one thing to point out is that technical analysis there is a lot of stuff a lot of information out there you have you know things like pivot points RSI MACD
好的，這個單元我會來談談股票交易的技術分析。有一點
00:15
moving average support resistance train line train channel and candlestick payments and much much more and my goal right now over here is not to teach you everything about technical analysis I can't do that instead what I'll do is to focus right to get you focus on the key areas of technical analysis that
matters that's all I'm going to do right to give you a strong foundation into technical analysis and then from then on if you want to explore further you have the tools the knowledge right to you know go about doing it okay so when you're dealing with technical analysis right let's say in stock trading right you know
that fundamentals they are good right it helps you to filter down the lease of stocks that you want to trade right focusing on you know companies with strong or good fundamentals technical analysis on the other hand can help you to time your entries telling you when to buy right so tell fundamentals tells
you what to buy technical analysis can tell you when to buy so when you are dealing with a technical analysis there are three broad categories that I want you to know is what I call the trend the area of value and entry trigger so let's
analyze them right in depth so a trend right you've probably you know heard of a trend right so what is a trend a trend is simply right on your chart it looks like you know higher highs and higher lows like this okay let me just draw this right higher highs and higher lows so this is what we call an uptrend
because you can see that the price right is making higher highs and higher lows and one thing to notice that when we are dealing with technical analysis when a stock is in an uptrend we want to be a buyer because we assume right that there's a good chance that the stock would continue to trend higher so this is a
an example of an uptrend so the opposite of an uptrend right it's a downtrend which looks like this it has lower highs and lower lows so when a stock is in a downtrend right we want to be selling we don't want to be buying because you know again right there's a good chance that the stock will continue
trending lower so one of the important principle that you want to take away is that whenever you want to buy stocks right you want to buy stocks that are at least in an uptrend or at least right don't buy stocks in a downtrend especially for trading right this is not investing where you know you're gonna hold on for years and years in trading right you are going to enter the markets
and you'll pretty much exit right in a I would say in a shot after a shot wall depending on your your time frame but you won't be holding stocks for a long time so again first fundamental rule of stock trading is again don't buy stocks in a downtrend and one thing to share with you is that to define a trend right
you can use the 200 period moving average right to help you know define the trend so let me share with you an example so the 200 period moving average is just an indicator you can get it on most charting platform right just select 200 right and over here this black line is what we call the 200 period moving
average so I've applied this to the daily timeframe on Amazon and you can see that right now the price of Amazon right this is the price over here this movements this is the price of Amazon it's above the 200 me so when you see the prices above the 200 me right it gives you a bias that hey you know I want to be
buying only in this market because the market is in an uptrend okay and vice versa right if the price over here the price is below the 200 me then you can conclude that you know the market is weak right and you either want to be
selling right or you know hold on to cash you don't want to be buying in a downtrend of course there are exceptions right especially traders who are you know more advanced India trading methodologies they are more experienced they can you know buying a downtrend it can still make money but for you if you're still new to trading this this rule over here right will keep you on the right
side of the markets more often than not okay this is not foolproof but hey you know it will keep you on the right side of the markets more often than not okay so this is what I talk about what we've discussed right the trend next thing area of value so you know that trend right tells you whether the stock is
moving up higher or lower but just because a stock is moving up higher doesn't mean you buy it immediately okay just because you see oranges in a supermarket that's selling right now you don't buy the oranges immediately because maybe you know the oranges is overpriced maybe the oranges are selling
like one orange for ten dollars you don't buy one orange for ten dollars right because during a sale you can buy maybe three oranges for two dollars so you want to wait when the price is an area of value for your oranges and this is the same for trading right you don't buy just because the stock price is
high it's in an uptrend no you want it to come to an area of value before you consider buying okay and it's the same for trading so how do you sort of you know define what is value in trading so these are a few techniques that you can use support and resistance trend line moving average right I find that
this tree they are they are pretty easy to understand and use there are more out there again but I would say this tree right really is more than enough to get you started so let me explain know what are these different tools that you can use so support right you can think of support as a floor right where the
price have difficulty you know going under like a like a floor so you can see that over here okay I want you to think of this floor as a wooden floor means it can provide some support right to push the price higher but it's made of wood so wood can also break so don't think that now just because the price is coming
to an area of support right you will definitely bounce no you know wood wood can break it's not titanium it's not metal right it can break so that is how I want you to think of support so in this case right you can see that over here we have an area of support over here price bounce once rallied higher came back down under bounce a second time and rallied higher so you can see that
support is an area it's not a fine line on your chart so this depicts it pretty clearly you can see that over here this this whole area is an area of support it's not just one line even though I draw it as a line because that's my preference but you have to treat it as an area meaning that the price could come
into an area of support and then bounce off away it could come deeper into the area of support and then reverse from that that is possible as well so remember support is an area on your chart treated like a piece of you know a wooden plane okay the second thing that I want to share is a trend line so trend line is
like support right like supporting resistance but the difference is that support is horizontal a trend line is what you call this diagonal okay so trend line is diagonal so you can see that again it's an area this is the area over here and notice the price bounce here the second bounce here and the
third bounce over here okay so this is again a trend line when you want to buy stock again you want to buy when the price is near an area of support you want to buy it right when the price is near the upward trend line right because this represents an area of value on your charts and the last thing to share is a
moving average okay so you know that there are many types of moving average out there like for example earlier I shared with you the 200 period moving average how we can help you define the long-term trend however you know that's not the only moving average you can use against the 2050 or 100 and all this
different moving average right they help you they have different purpose like for example I like to use the 50 ma okay which is what you see over here to help you to help me define an area of value so you can see that for this particular chart of Nike the daily time frame the price tends to you know bounce off the
50 ma no repeatedly for over the last few times so needless to say right if the trend is very strong it may not retrace back towards the 50 ma sometimes it might just bounce off the 10 or 20 ma no continued trading higher if the trend is a healthy trend like what you are seeing right now right where the pullbacks are
more obvious it tends to find support and the 50 ma and if the trend is let's say not very strong pretty it's just weaker right it can even pull back to the 100 or 200 ma okay so again moving average is another technique that you can use to be to define your area of value so one thing
to note is that let's say for example the stock right now it's let's say it's trading at this highs over here okay you okay let me just give an example how about the stock is at this highs over here let's say the stock previously it has respected the 50 ma and now it just breaks out higher and got this slight
price rejection at this point you don't necessarily want to be buying over here why is that because remember you want to buy in an uptrend and from an area of value right now the price is not at this area of value which is at this 50 ma over here so it's much better right to be patient and let the price come to you
come to an area of value and then you look to enter your trade so now the question is you know when exactly do you enter the trade right let's say the market is in in an uptrend it's an area of value do you just buy it immediately no right because you can actually use something what I call an
entry trigger to time your entry so entry trigger right I find that candlestick patterns they are very useful for this purpose okay and you can use you know reversal candlestick patterns like the hammer the engulfing pattern bullish
engulfing bearish engulfing and shooting star and stuff like that so if you don't understand right I'm just gonna you know run you through quickly right about candlestick patterns right and this are different reversal candlestick patterns which I find that is useful to know for your trading so how do you
吞噬線、看跌吞噬線和射擊之星等等，如果你沒聽懂，我會快速帶你了解 K 線型態，這些是不同的反轉 K 線型態，我認為知道它們對你的交易很有幫助，那麼你該如何
09:49
read a candlestick pattern so candlestick pattern right it's a recap right it's useful for an entry trigger to help you time your entry and to read a candlestick pattern is that you will usually see you know two types of candles it's green or red so if the candle is green right this over here is the opening price okay and
閱讀 K 線型態，所謂 K 線型態，這是一個複習，它對於做為入場觸發點非常有用，可以幫助你決定進場時機。閱讀 K 線型態時，你通常會看到兩種顏色的 K 線，分別是紅色或綠色。如果 K 線是綠色的，那麼這邊代表的是開盤價。
10:09
this over here is the closing price so this means the market the price open at this level when all the way up higher this is the high for the day for example let's say you're looking at the daily time frame this is a high of the day and then finally closing near the high the highs over here you can see this lower
shadow this is called the week lower week right this tells you the low of the day or the low of the candle okay so these are there are only four things to know the high the open the high of the candle and the low of the candle so when you look at the bearish candle is the opposite right the open right now it's
下影線，這叫做較低的週線，沒錯，它告訴你當日的低點或 K 線的低點。所以，只需要知道四個要素：高點、開盤價、K 線的高點以及 K 線的低點。那麼，當你看到一根空頭 K 線時，情況正好相反，對吧？開盤價，現在是……
10:43
on top okay and the close is below that's why it's very short because the price right has actually closed lower for the day so now this candle is in red color again this is the high of the day and this is the low of the day so this is how
you read candlestick pattern and moving on right there are many differences I mean many different type of candlestick patterns out there but I find that a few that are worth knowing right is for example the hammer and shooting star so let me just explain to you right so again this is a green candle
okay you can see that the price opens over here right the open for green candle right bullish candle the open is always below the close so this is where the price open and when you open right notice that there is this long lower week over here so what it tells you is that the during the day the sellers
actually came in and pushed the price down all the way down lower to this point somehow you know they couldn't push the price lower anymore and the buyers came in to control okay they're on right steroids right and they push the price up all the way up higher and finally closing near the highs over here
so what does this tell you this tells you that hey you know buyers are stepping in right they have managed you know take control from the sellers and push the price up closing above the open so this is a sign of strength right telling you that the buyers are in control and that's why you get a candlestick
所以這告訴你什麼？它告訴你，嘿，你知道買方正在進場，對吧？他們設法從賣方手中奪回控制權，並將價格推高至收盤價高於開盤價。所以這是強勢的訊號，對吧？告訴你現在是買方在掌控，這就是為什麼會出現這根 K 線。
12:05
pattern like this which what we call a hammer ton ton hammer so on the other hand right a shooting star a shooting star is just the opposite of a hammer we can see that again this is candle is it's bearish is great so the open is here right when the market open buyers to
control push the price up higher up to the highs of this this this day over here suddenly the sellers you know say hey that's enough that's enough I'm coming in and it's pumped they smashed the price lower all the way down to the lows over here and finally closing near the lows so this is the open this is the close this
is the low and this is the high so again a shooting star if you read this right this is a sign of weakness because it tells you that the buyers they are no longer in control the sellers are in control and that's why they can you know push the price lower for the day okay so this is hammer and shooting star another
of couple of candlestick patterns that you should know right it's what we call the bullish engulfing and bearish engulfing so it's very similar to hammer and shooting star just at this time around it's in the form of two candlestick patterns right there are two candlestick patterns two candlestick patterns
whereas earlier you just saw it's just one individual candlestick pattern but the message behind it is pretty much the same if you look at this one over here is what we call the bullish engulfing pattern right sellers to control and close near the lows over here right the opens here and close near the lows the
next candle buyers open near the lows and to control and push the price all the way up higher closing right even above right the prior candle high over here right this is a sign of strength right showing that you know sellers to control they push down the price lower and then suddenly the buyers came in
push the price up higher and finally closing near the highs so this is a sign of strength as it tells you that the buyers are in control on the other hand bearish engulfing pattern is just the opposite right buyers on this first candle they are in control this is the opening price they come up all the
way up higher and close near the highs of the day remember what is this this is the high of the day and this is the low of the day then the subsequent candle this candle over here the sellers they open near the highs and suddenly suddenly I don't know where they find the strength right maybe you know took too much
creating steroids and protein shake bum right it smashed the price lower and finally closing near the low of the day so this tells you that now the sellers are in control and this is what we call a bearish engulfing pattern okay so you can call the hammer shooting star bullish engulfing bearish engulfing as
you know reversal candlestick patterns because they sort of you know help you time you know market reversals or market turning points okay but you don't just want to blindly trade them just because you see a bearish engulfing doesn't mean you sure doesn't mean you see a bullish engulfing you buy immediately no you
don't do that right you want to use a few technical tools together right to increase the odds right of your trade working out which is what we are going to discuss right now so I want to introduce do you what I call the tea framework okay so this is a framework that I came up with so again we're just
所以不要那樣做，對吧？你應該要結合幾種技術工具，對吧？這樣才能提高你交易成功的機率，對吧？這正是我們接下來要討論的內容。因此，我想向各位介紹我所謂的 T 框架。好的，這是我自己想出來的一套框架，所以再次強調，我們只是...
15:16
gonna combine what you've learned so far number one is the trend so you recall earlier if the price is above the 200 period moving average chances are right it's in an uptrend and you want to have a long bias meaning you want to be buying the stock only you don't want to short sell the stock okay if the market is above the 200 me similarly if the price is below the 200 period
moving average you want to have a short bias and if you cannot short right at least you don't want to be buying when the price is below the 200 period moving average okay so this gives you a bias to know whether you should be buying or whether you should stay on the sidelines meaning you know you'll stay up stay out of the markets okay because short selling is something that it's I'll say
it's more advanced not all of you can you know short sell the stock market so again just just know where I'm coming from second thing area of value we mentioned earlier just because the stock is in an uptrend doesn't mean you want
to buy just because they're orange just selling the supermarket doesn't mean you buy that orange right if it's one orange for $10 a hundred dollars are you gonna buy well I won't buy I'm a cheap skater on a buy when it's you know two for three dollars one for five I mean five for one dollar maybe even I mean
買，就只是因為它是橘色的。光是超市有賣，不代表你就會
16:21
two for three dollars I'm three for two dollars or maybe five for a dollar I'll buy when it's a it's cheap when it's a when it's a of value to me okay because a not really a huge fan of orange right so it has to be at a value price before I buy those oranges and it's the same for trading you don't buy just because the
market is in an uptrend just because the price is high you want to buy when it's trading from an area of value and area of value can be defined as you know support resistance moving average trend line right stuff that we've covered earlier and then right then the last thing that we want to look at is entry
trigger we want to look right at the price and tell us that you know hey you know the buyers are now in control and now it's you know a safer time to enter the trade that's how you know candlestick patterns can help you right where it shows you patterns like the hammer the bullish engulfing pattern it tells you that now the buyers have stepped in right and there's a good chance the
market could reverse higher so this is the tape framework combining this tree right and you can actually have you know tradable right or trading opportunities that you can trade off using technical analysis so here's an example okay so you can see over here the price above the 200 ma so should you
be buying or selling buying I hope you say bye bye yeah buying right you'll be buying okay so now the prices above the 200 ma you should be buying do you buy it over here do you buy it over here or do you buy it over here I think Reynolds
say something about trading from an area of value that's right area of value so where is an area of value on the chart so from the looks of it right you can see that over here previous support sorry previous resistance now turn support and now become support and the price came into this area of support that's great
we have the uptrend we have an area of support the 13 we're looking for to tell us that the buyers are now in control I think this looks like a bullish engulfing pattern and looks like a bullish engulfing pattern hey there you have it right uptrend area of value and bullish reversal candlestick pattern so this
right it's a it's a trading opportunity that you can take advantage of you can buy on the next candles open your stop loss could go a distance below this low right and and you know hopefully you know the market moves right in your favor from this this entry point so we're not going to discuss too much about
you know where to take profits and stuff like that because this is really just the bikiness introduction to stock trading but I hope I gave you a good understanding a foundation right to know when to buy a stock okay so this is one example of the T framework another one over here you can see that again the
你知道何時該獲利了結等等，因為這真的只是股票交易的入門介紹，但我希望我已經給了你一個良好的理解基礎，讓你知道何時該買進股票。好的，這是 T 型架構的一個例子，這裡還有另一個例子，你可以看到再次的...
19:05
price now above the 200 me should you be buying or selling selling selling no buying right that's right buying so where is the area of value in this case we noticed that right hey this trend line seems to be an area of value right market bounce off here second time and on the third attempt right it bounced up
and it for me hammer so look at this candlestick pattern notice the price over here it opened and this are the lows okay below the low of the priority came all the way down lower and then the sellers you know say hey that's enough right that's enough and he pushed the price all the way up higher closing near
this highs of the day on top of it you are trading or you're buying in an uptrend and from this area of value on this trend line support okay so you can see that in this case right yep the market that did went higher from here so one thing to share is that all the charts that I'm sharing with you right now
they are cherry pick I repeat they are cherry picks I've purposely picked those charts right that show you winning trades because I find it it's easier to explain the concept but when you're trading in the live markets right trust me there will be losers yes there will be losers right so I want you to prepare
for it all right so they all these examples right it's just to let you understand the concept easily right because it's much easier to explain but when you're trading life okay or even when your paper trading right there will be losses no matter how fantastic your analysis is no matter how good the fundamentals how good the technicals there will still be losses embrace it but
don't worry in the later section we'll talk about risk management all right so that you know even if you have a loss right it's not the end of the world yet all right so that's that's later for now I still want to share with you more examples right of this are Tae framework because it's it's powerful so let's
have a look okay at the Tae framework so this is the chart of Google right you can see over here Google and let's see let me find it okay so you can see that again right this time
round notice that if I just zoom on little the 200 me now X as an area of value so prior to this right I say that no the 50 me you know can't exit an area of value in this case right the trend of this this stock right it's a it's not as strong right so it tends to find support right at this 200 me 200
me here and here as well again the concept is still the same right stock is in an uptrend it's and an area of value and then what are we looking for what are we looking for well we can look for a candlestick pattern right as an entry trigger to enter the trade so in this case we have something what we call in
this case right it's again this is something like a hammer price right here down lower bias to control and close near the highs over here right you can enter the next candle open over here right and go long meaning you buy the stock another opportunity over here I price came down from this hammer right
在這個案例中，這又是一個類似錘子線的型態，價格在此處向下走低，但多頭逐漸掌控局勢，並收在接近高點的位置。你可以在下一根 K 線開盤時進場做多，也就是買進股票。這裡還有另一個機會，當時價格正是從這個錘子線回落。
22:01
this hammer at this 200 me and an area of value in this case it might be a losing trade again this is a good example of a losing trade as the price just you know continue lower all right might stop you out and then reverse from here so this is really the reality of trading no matter how good the setup is right there will be losses okay so let's have a look at another example
how about this C O ST okay weekly timeframe so this time around I just pull out of 50 me okay so in
那我們來看看 COST 這檔股票如何？在週線圖上，這次我直接把 50 日均線拉出來，所以呢
22:37
notice over here this is the chat of C O ST wholesale cop this is the weekly timeframe and again right it doesn't matter what timeframe you're trading whether the weekly the daily the 15 minutes right the concepts right this can be applied the same so in this case right Costco wholesale cop can see that
it's been respecting the 50 me right if I pull out the 200 me I can guarantee you that the price is above the 200 me as well right so just get out of 200 me notice that the price is above the 200 me so you want to be a buyer so now where is an area of value to trade from okay so area of value could be the 50
week moving average prices you know bounce once twice twice four times and let's say right you you miss this move over here and over here you are this huge spike over here again this is a bullish reversal right price open near the open and the lows okay came down at this point at around $117 at one point
before the buyers finally stepped in push price and close near the highs over here so you can see that this is a huge huge right bullish reversal candlestick pattern you may or may not trade it right but in this case right the market the price did went higher from here but this is a very huge bullish reversal
candlestick pattern gain the concepts it's the same trend area of value and tree trigger let's have a look at one more shall we something that is familiar with us Facebook okay uh Facebook okay in this case again the price above the
200 ma let's say you know it bounced off the 50 ma quite a number of times here one twice and over here three times that's the time so over here I can see that how the candlestick pattern is useful to have your time your entries that notice over here right there really isn't any valid entry trigger right this is not
a hammer or a bullish engulfing this over here is not necessarily a bullish engulfing I think it's more of a piercing pattern I would say this candle over here right is the closest to a bullish engulfing by right theoretically by bullish engulfing should the lows right should be below the prior candle lows somewhere here and
any engulfs the previous candle and then close near the highs right I would say this is the closest because again the range of the candle is large showing you conviction from the buyers right in this case I would say this would be the closest to a bullish engulfing although it's not really right a textbook
bullish engulfing but if you can read price action right you know that over here this one is a sign of strength we have volatility contraction meaning the market went quiet for a while and on this candle boom right buyers came in to control and you know close near the highs over here right so anyway here
this is a an example of a not really a textbook example but showing you that from an area of value right and then waiting for a candlestick reversal candlestick pattern to go long sometimes you may not get the exact textbook setup or example and that's where your price action reading of the markets would
come into play right another one I would say is more straightforward would be this one over here so this one over here a price okay so one thing to share again right the 50 ma the area of value it's never aligned on your chart it's always an area so you can see that over here you pretty much breach below the 50 ma and
then on this candle from a hammer and then close back above the 50 ma right giving you a bullish hammer to go long to buy okay so this is another point that I want to share with you right that your area of value in your chart it's always an area so I hope this this gives you a few examples right of the T framework
接著在這根錘子線蠟燭出現後，收盤價又站回 50 日移動平均線之上，這就給了你一根看漲的錘子線，可以進場做多。所以，我想再跟各位分享一個重點：在你的圖表上，價值區間永遠是一個區域，而不是一條線。我希望這些例子能讓你更了解 T 型架構的應用。
26:01
that I've just shared with you so as a recap right here's what you've learned so far we have you know covered quite a bit number one we talk about trend right you want to be buying in an uptrend and selling in a downtrend if you can't sell in downtrend you cannot show at least you know don't buy in a downtrend
stay in cash number two we spoke about area of value right you don't want to buy just because the stock is in an uptrend you want it to come to an area of value okay one thing to mention is that for me personally I don't always trade from it in the area of value sometimes I do trade breakouts but that's another
topic altogether but for you for you right now for starters right I would say it's much you know it's better to be trading from an area of value right buying it when things are cheap and area of value can be in a form of support and resistance moving average trend line right we shared quite a number of
examples earlier the third thing is entry trigger right using candlestick patterns right to help you time your entry to show you that you know the buyers are now in control or the sellers are now in control right so candlestick patterns gives you clues right to let you know who is in control and finally
right we combine all these three different so-called principles if you want to call it right these three different aspect of technical analysis and develop it into a TAY framework that you can use to find trading opportunities in the stock markets
