Early entry failure

早間進(jìn)場信號的失敗

Of course, there are times when, even with a defined thrust, the market will not follow through and, in fact, will sometimes reverse completely. This is defined as early entry failure (Figures 5 and 6) and is associated with a momentum increase in the opposite direction of early entry.

當(dāng)然。有些時(shí)候，即使貌似方向明確，市場也未必落實(shí)，事實(shí)上，有些時(shí)候甚至完全相反，這是失敗的早間進(jìn)場信號，即日趨勢與早間進(jìn)場信號方向相反的情況（圖5和圖6）。

Momentum can be assessed by the range of the time unit (i.e., a 5-, 15-, 30-minute bar chart). An increased range relative to the previous time unit(s) shows an increase in momentum. Ideally, this should not happen and when it does, it usually indicates an early entry failure is occurring.

趨勢靠各個(gè)時(shí)間周期的線圖來識別。（5分15分30分鐘等等）相對于前面時(shí)間擴(kuò)張的震幅顯示了動(dòng)量的增加。理想情況下，這不該發(fā)生，通常表明早間進(jìn)場信號失敗。

As a rule, no countermove 5-minute bar should have a range larger than the first 5-minute bar. All such larger bars should confirm early entry. In fact, any 5-minute bar against early entry that is relatively large compared to previous bars which confirmed early entry will imply a shift in momentum and possibly early entry failure.

所以，作為一條規(guī)則：不能出現(xiàn)比開盤后五分鐘K線振幅大的反方向K線。所有大振幅的K線必須確認(rèn)早間進(jìn)場信號。事實(shí)上，任何與早間進(jìn)場信號振幅相反的大K線，都可能預(yù)示著轉(zhuǎn)變的勢頭，并可能促使早間進(jìn)場信號失敗。

Neutral or confirming price action is crucial just after the early entry indication. When entry is taken on a pullback, narrow range bars should have been present on the retracement. A countermove with a momentum increase (i.e., larger bars) is a warning that failure is occurring.

早間進(jìn)場信號價(jià)格行為的確認(rèn)極其重要。當(dāng)采取回調(diào)進(jìn)場法，回調(diào)應(yīng)該都是小振幅的。大振幅的回調(diào)往往預(yù)示著失敗信號的發(fā)生。