黄金分割的五个技巧（中英文）
2008-08-03 13:55:35 来源： 作者：
by Alan Farley翻译：树静风止
Fibonacci jumped into the technical mainstream late in the bull market. Futures traders had it all to themselves until real-time software ported it over to the equity markets. Its popularity exploded as retail traders experimented with its arcane math and discovered its many virtues.
菲波纳奇在牛市的后期一跃而成为技术主流。以前只是期货交易员们使用这项技术，直到实时软件技术出现在证券市场。散户交易员们检验了它的神秘数学性并且发现了它的很多优点,，它从此成为了一种流行技术。
Fibonacci ratios describe the interaction between trend and countertrend markets -- 38%, 50% and 62% retracements form the primary pullback levels. Apply these percentages after a trend in either direction to predict the extent of the countertrend swing. Stretch a grid over the most obvious up or down wave, and see how percentages cross key price levels.
菲波纳奇比率描述了市场趋势和相反趋势之间的关系——主要趋势的38%，50%和62%折返。无论是那种市场方向，在一波趋势过后使用这些百分比可以预测反向趋势的摆动程度。在主要的向上趋势或向下趋势上画出珊格线，观察这些百分比如何穿越关键的价格水平。
Convergence between pattern and retracement can point to excellent trading opportunities. Keep in mind that retracements work poorly in a vacuum. Always examine highs, lows and moving averages to confirm the importance of a specific level.
模式和回撤的一致给了交易者很好的交易机会。记住，回撤在真空中效果会很差。经常检查高点、低点、移动平均线来确定特定价格的重要性。
Discord between retracement and the underlying pattern generates noise instead of profit. Move on to a new chart when nothing lines up correctly. This divergence generates most of the whipsaw in a price chart. Alternatively, strong phasing between Fibonacci and pattern exposes highly predictive reversals at narrow price levels.
潜在的模式和回撤的不一致会产生噪声而不是利润。如果没有东西能正确地排列起来，重新打开一张图表。这种背离在图表上通常会产生锯齿。可能的结果是，一个狭幅波动价格水平下的菲波纳奇和一些模式产生的强烈信号往往会产生反转。
Let's look at five tricks to improve your Fibonacci skills. Add these twists and turns to your toolbox and apply them to your next trade. I promise they'll serve you very well in the years ahead.
让我们看看5个策略来提高你的菲波纳奇技巧。将这些价格扭曲和反转放在你的工具箱中，并在下次趋势中使用他们。我保证它们可以在今后的数年中帮助你。
First Rise/First Failure 第一次上升/第一次失败
First Rise/First Failure marks the first 100% retracement of a trend within your time frame of interest. It provides an early reversal warning after a new high or low. The 100% retracement violates the major price direction and terminates the trend it corrects. From this level, the old trend can reestablish itself if it breaks through the old 38% level. More often, traders will use that level to enter low-risk positions against the old trend.
在你喜欢的时间框图上第一次上升/第一次失败标志了第一个100%回撤。出现了新高或者新低后，它给出了一个早期的反转警告。100%回撤违背了主要的价格方向，终结了它所修正的那个趋势。从这个价格水平开始，如果价格穿越旧的38%水平，可能重新建立老的趋势。跟多的情况是，交易者使用这个价格水平建立与原有趋势相反的低风险头寸。