Revisiting the Principle of Taker Analysis: One Article Helps You Eliminate All Misconceptions Since I first shared the 'Taker' analysis method a year ago, There have always been many new and old friends asking related questions, Therefore, after nearly a year, today I plan to talk to you again about the concept of Taker, While reviewing the principles, this article is also used to answer all common difficult and complicated questions at once ⚗️ Enter the main text below ： // Taker concept review If you are a new friend or a friend who doesn't know what "Taker" means, I have previously written a series of tutorials explaining the concept of Taker, Interested friends can first refer to the following link ： Trading Concept Supplement (2): Taker, Maker, and the Principles of Price Movement https://(((((x.com)))))/market_beggar/status/1899653835729297424 Trading Concept Supplement (4): The driving force behind the rise, following the entry of main funds https://(((((x.com)))))/market_beggar/status/1902919628940247109 Trading Concept Supplement (5): Visualized Taker Strength Indicator&Usage https://(((((x.com)))))/market_beggar/status/1905088759550681393 To avoid repetition, this article will mainly focus on "answering common questions and misconceptions", If you have not yet read the content in the above link, it is strongly recommended to take a look first. // Why do we need to look at the K score? Can't four hours of K be considered? This is one of the most frequently asked questions to me, because a year ago, When I first shared the concept of Taker (quoted below), I mentioned the use of K-score, Since then, many friends have come to ask this question. Here is a complete answer once again: Concept review: K points+large proportion of entities+huge quantity=appearance of Taker ➡️ Assuming there are two K-bars with a large proportion of entities, namely K divided by minutes and K divided by four hours ➡️ Splitting K only counts for 1 minute, so the fault tolerance is low and the possibility of Taker existence is higher ➡️ Four hours of K, it is entirely possible that 'the first 3 hours and 59 minutes were falling', At the last minute, there was a 'low volume rally' in low liquidity conditions, This situation is clearly not the 'strong taker buy' we are looking for, But after the 4-hour K-bar is finished, it also looks like a 'huge amount of K with a large proportion of physical objects'. In other words, because the statistical time is short, compared to four hours of K, The probability of a "false strength caused by low volume rallies" is much lower, That's why I mentioned in the following quote that we need to consider the core reason for the K score ‼️。 // Taker Buy has entered, can I do more? This is also the question I have been asked n times in the past year. I have shared with you multiple times about my personal contract trading system, It is mainly composed of three core elements, namely: Liquidity (searching for traces of Stop Hunt) Taker strength analysis Maker Strength Analysis The main reason why I want to include Taker analysis is because: I need to rely on the strength and weakness of the Taker to help me determine whether Stop Hunt is valid Stop Hunt， Specifically referring to the hunting behavior of smart money in liquidity accumulation areas, I have also written a complete tutorial on detailed concepts. Interested friends can refer to the following link The reason why I will never make a breakthrough order: the trap of the banker hunting for liquidity https://(((((x.com)))))/market_beggar/status/1907261008059777200 Full post as evidence: How can I perfectly predict the two waves of ETH surge through liquidity https://(((((x.com)))))/market_beggar/status/1959793243404829167 As shown in the attached figure: When the price falls below the previous low, the market will coincide with two types of orders: one ️⃣ Breakthrough trader (short if it falls below) two ️⃣ Long stop loss traders (those who previously went long above the previous low usually set their stop loss at the previous low) These two types of orders are both 'Sell', so if you have large funds and want to go long in this region, They can first drop the price below the previous low and introduce the liquidity of the two types of orders mentioned above, Eat up their liquidity again to reduce the wear and tear costs when building their own warehouse. But many times, prices often fall below their previous low and then return to their previous low, Some of them are Stop Hunt behaviors of smart money, while others are simply weak rebounds. To distinguish between the above two, we can borrow the concept of Taker: If it is really smart money to build a warehouse, then when it returns to the previous low, there is a high probability of strong Taker Buy accompanying it Similarly, if it is a bearish Stop Hunt, it requires the following: A brief breakthrough from the previous high+a drop back below the previous high+accompanied by a strong Taker Sell during the drop back. Therefore, in my trading system, I am not always monitoring the Taker, But only pay attention to whether the Taker appears when the price reaches a specific liquidity aggregation area ‼️ As for why there is no need to monitor Takers in daily life, the reason is simple: The powerful Taker Buy you see at any given time, Maybe it's just because a certain whale suddenly feels like buying 1000 BTC, Obviously, this situation is not the smart money we are looking for. // Conclusion This article can be considered as a continuation of the "Taker Tutorial Extra" cited below, If you haven't watched the "Trading Concept Supplement" series tutorial yet, This article may be a bit awkward for you; If you want to fully understand, Suggest reading the links attached in this article first. If there is any misunderstanding about the content in the article, You can always ask questions in the comment section below, as the old rule is: you must answer any questions. By the way, there are also many friends in the group who exchange market trends together, This includes the determination of the Taker and whether Stop Hunt has occurred ... wait, If you want to communicate with everyone, you are also welcome to join the group discussion, The link is in the self introduction section of my X homepage The above is today's content, hoping to be helpful to everyone