Is price action analysis the same as technical analysis? The answer is ‘yes and no’. Technical Analysis is defined by Wikipedia as “a security analysis methodology for forecasting the direction of prices through the study of past market data, primarily price and volume”. However, technical analysis can and usually does include a plethora of ‘technical studies’, as it is essentially comprised of anything that isn’t fundamental or news data.
價格行為分析與技術分析相同嗎？答案是“是和否”。技術分析被維基百科定義為“一種證券分析方法，通過研究過去的市場數(shù)據（主要是價格和交易量）來預測價格方向”。然而，技術分析可以而且通常確實包括大量的“技術研究”，因為它基本上由任何非基本面或新聞數(shù)據的內容組成。

Are all of these technical studies, i.e., indicators, various chart patterns, etc. really necessary or worth it? Why do some traders become convinced that these various technical analysis studies are the ‘ticket’ to financial success in the market whilst others rely only on raw?price action strategies? We will address these and other questions below…
所有這些技術研究，即指標、各種圖表模式等，真的有必要或值得嗎？為什么一些交易者確信這些不同的技術分析研究是在市場上取得財務成功的“門票”，而另一些交易者則只依賴原始的價格行為策略？我們將在下面回答這些問題和其他問題……

Why all Technical Analysis methods are not created equal
為什么并非所有技術分析方法都是平等的

Whilst we appreciate and respect technical analysts, as pure price action traders who focus on reading the raw price action on price charts, we do not subscribe to the idea that ‘any technical study is a good study’. Instead, we stick to a handful of simple but effective price-based principles and don’t look at charts and try to curve fit what we see into matching a text book theory example as many popular technical indicator-based trading systems do. There are hundreds of patterns, technical indicator settings and so on, technical trading even if narrowed down into a niche / specific topic can be very haphazard and hindsight is often the way such technical methods are advertised or represented to the beginning trader. Unfortunately, relying heavily on indicators and other technical analysis methods that largely ignore price action, often leads to dramatic long-term failure for retail traders.
雖然我們欣賞并尊重技術分析師，但作為專注于閱讀價格圖表上原始價格行為的純粹價格行為交易者，我們并不贊同“任何技術研究都是好研究”的想法。相反，我們堅持一些簡單但有效的基于價格的原則，不像許多流行的基于技術指標的交易系統(tǒng)那樣，看圖表并試圖將我們所看到的曲線擬合到與教科書理論示例相匹配。有數(shù)百種模式、技術指標設置等，技術交易即使縮小到一個利基/特定主題也可能非常隨意，事后諸葛亮通常是此類技術方法向初學者宣傳或展示的方式。不幸的是，嚴重依賴在很大程度上忽略價格行為的指標和其他技術分析方法，通常會導致散戶交易者的長期失敗。

Many technical analysis tools or methods are full of what I call ‘noise’. That means they include numerous unnecessary variables like technical indicators such as RSI, Stochastic, MACD and countless others. The simplest explanation for why these technical indicators are simply a waste of time, is that they are all just derivatives of?price action. If you are going to analyse something derived from price action, in order to make a prediction as to where price might move next, why would you not just analyse the raw price action in the first place?
許多技術分析工具或方法都充滿了我所說的“噪音”。這意味著它們包括許多不必要的變量，例如 RSI、隨機指標、MACD 等技術指標。為什么這些技術指標只是浪費時間，最簡單的解釋是它們都只是價格行為的衍生品。如果您要分析從價格行為中得出的東西，以便預測價格下一步可能會走向何方，為什么不首先分析原始價格行為呢？

By analysing ‘other’ technical studies, besides price action, you’re simply adding unnecessary variables and cluttering up the trading process, your charts and your mind. It’s simply unnecessary to trade like this. All you need to make market predictions is raw, natural price data that any market supplies you for free. Don’t believe the hype or any website / ‘guru’ telling you that you ‘need’ XYZ trading system, because all you really need is price action
通過分析“其他”技術研究，除了價格行為之外，您只是在添加不必要的變量，并使交易過程、圖表和頭腦變得混亂。像這樣交易根本沒有必要。進行市場預測所需的只是任何市場免費為您提供的原始、自然的價格數(shù)據。不要相信炒作或任何網站/“大師”告訴您您“需要”XYZ 交易系統(tǒng)，因為您真正需要的只是價格行為

Why price action analysis is the best technical analysis method
為什么價格行為分析是最好的技術分析方法

I have filtered all the technical analysis ‘noise’ taught around the web and in books, I’ve filtered the crap and condensed it down to what I know works and what is logical. What I ended up with is raw price action, i.e. price movement on an indicator-free?price chart.
我已經過濾了網絡上和書籍中教授的所有技術分析“噪音”，我過濾了廢話并將其濃縮為我知道有效的和合乎邏輯的。我最終得到的是原始價格行為，即無指標價格圖表上的價格變動。

By ‘price action, I mean focusing just on the raw chart with nothing but?candlestick price?bars,?on watching the key levels of?support and resistance, and on determining market bias and trend in the short term and long term. This is done simply by visually observing or ‘reading the chart’, not relying on 3rd party instruments or technical studies.
我所說的“價格行為”，是指只關注原始圖表，只關注燭臺價格條，觀察支撐位和阻力位的關鍵水平，以及確定短期和長期的市場偏見和趨勢。這只需通過目視觀察或“閱讀圖表”來完成，而不是依賴第三方工具或技術研究。

By using a specific set of price bar patterns or ‘signals’ for entries, and to a lesser extent exits, we can map the market first as price action analysts, then we can massage or locate an entry after patiently waiting for a?confluence of factors?to align.
通過使用一組特定的價格條模式或“信號”進行入場，并在較小程度上退出，我們可以首先作為價格行為分析師繪制市場地圖，然后我們可以在耐心等待因素匯合后調整或找到入場點。

A confluence of factors can be easily described by looking for T.L.S. or ‘Trend, Level, Signal”, and by doing so, we can put the odds in our favour. This simply means looking for two of the three TLS factors to align and then looking for an entry at the point where they align; either a trend or a level, or a level and a signal, or a trend or a signal, etc. If you can get two or more of these factors in alignment, you have a potential price action entry on your hands.
通過尋找 T.L.S. 或 “趨勢、水平、信號” 可以很容易地描述因素的匯合，通過這樣做，我們可以使賠率對我們有利。這只是意味著尋找三個 TLS 因素中的兩個來對齊，然后在它們對齊的點尋找一個條目;要么是趨勢或水平，要么是水平和信號，要么是趨勢或信號，等等。如果您可以調整其中兩個或多個因素，那么您就有一個潛在的價格行為入場點。

Technical analysis doesn’t need to be more complicated than looking for the dominate market trend, identify key chart levels and then looking for price action entry signals. Anyone who tells you otherwise is either trying to sell you something or doesn’t know what they’re talking about.
技術分析不需要比尋找主導市場趨勢、確定關鍵圖表水平然后尋找價格行為入場信號更復雜。任何告訴你不這樣做的人要么是想向你推銷東西，要么是不知道他們在說什么。