Having traded stocks for so many years, my deepest insight is that market order language can truly explain everything. It’s not about complex theories, but those details—buying sweeps,诱空 (诱空:诱导空头, tricking short-sellers), distributing shares—they’re all written in the intraday charts. The key is whether you can understand them.



I’ve summarized a few of the most common order book tricks and want to share them with everyone.

First is price jumps with buy sweeps to吸筹 (吸筹: accumulating shares). This is the most direct method used by big players. You’ll see the price suddenly jump upward, sweeping away the sell orders below. This method of吸筹 is quite obvious and easy to recognize. Once you see this kind of order book language, it indicates large funds are entering.

Another tactic is诱空 before a rally. After the main force finishes shaking out the shares, they pile大量卖单 (large sell orders) at key resistance levels, creating a false appearance of heavy selling, tricking retail investors into selling. Once these sell orders are swept away, the stock often surges straight up, even hitting the daily limit.

There’s also the art of distributing shares at the daily limit. Opening诱多 (诱多:诱导多头,诱导买盘:诱导多头买入),撤销大单 (cancel large orders), and re-queue—main players use various methods to distribute shares at the daily limit, which easily confuses retail investors. I’ve seen many people chase into the stock at the daily limit, only to get trapped.

Very large orders压盘出货 (pressure orders to distribute shares) are favorites of speculative funds. On the intraday chart, a tide of buying volume floods in in red, with large fake orders underneath, looking very势洶洶 (势洶洶: imposing, formidable). But in reality, the sell orders above are never fully cleared, which is a signal that main players are distributing shares.

During initial吸筹, the main force will create压力 (pressure) at resistance levels. But nowadays,吸筹手法 (accumulation tactics) are more covert—no longer stacking obvious sell orders, but stopping the sweep and quietly accumulating within a narrow range. On the intraday chart, it looks like sideways consolidation, but in fact, it’s吸筹.

尖角波吸筹 (sharp-angle wave accumulation) is the easiest to identify. After the main force quickly clears the sell orders above, fearing detection and follow-on buying, they pause buying, causing the price to quickly fall back, forming a尖角 (sharp angle). Once this order book pattern appears, there are often subsequent actions.

In practical trading, I’ve summarized a few key points: if the stock opens low, rises steadily, and has large volume, consider following; if it opens high and then drops with large volume, you must exit immediately; if it enters the decline list at the end of the day, sell first—there may be negative news; if it enters the top 20 gainers at the end of the day, you can try buying today and selling tomorrow.

When a breakout with volume is pulled back, the decline is often deep, so it’s a good time to distribute shares at high levels. When the price falls below the previous day’s limit-up price, that indicates the last leg of the limit-up, with no continuation. Repeated sharp drops and rebounds on the intraday chart should alert you that main players are distributing shares to buyers.

Main players also have several classic order book patterns to remember: a high open followed by a low decline forming a W bottom but not breaking yesterday’s close indicates main players intend to manipulate early; a high open followed by a rise above yesterday’s close signals accumulation; strong sideways movement after an early rally shows strong control by the main force, likely to go higher later; climbing along the moving averages and consolidating strongly above them suggests preparation for a breakout; three waves of impact hitting the limit-up with large continuous orders indicate a classic strong trend; a high open followed by a rise and sideways movement at yesterday’s close is a tactic to shake out follow-on buyers, then after sufficient rotation, the stock moves higher again.

Honestly, order book language is like a dialogue between the main players and retail investors. Your job is to learn to understand these signals, not to be confused. Every day, the candlestick charts and intraday charts tell a story—what matters is whether you’re willing to spend time studying them. Opportunities are always there, but capital is limited, so precision is essential. Recently, BTC has been oscillating around 80.4K, ETH at 2.31K; the market still offers chances—it's all about how you seize them.
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