Pats Price Action - Trading Manual.pdf

Unlock the Power of Price Action Trading with Pats Price Action Trading Manual

1. The Chart is Truth: Not RSI, not MACD, not Stochastics. The price is the only thing that pays you.
2. Bias is a Liability: You do not predict the future. You react to what price is doing right now.
3. Scratch Trades: It is better to get out at breakeven (scratch) than to let a winner turn into a loser.

Leg Counting:

The foundation of the system is identifying two-legged moves. In a trend, prices often pull back in two distinct legs before resuming the main direction.

The Ultimate Guide to the PATs Price Action Trading Manual.pdf: Mastering the 5-Tick Stop Strategy

Rule 3 – The "No-Trade" Zone

The manual's secret: If price is chopping sideways (inside the previous 10 bars' range), do nothing . Patience is a position. Pats Price Action Trading Manual.pdf

Unlock the Power of Price Action Trading with Pats Price Action Trading Manual

1. The Chart is Truth: Not RSI, not MACD, not Stochastics. The price is the only thing that pays you.
2. Bias is a Liability: You do not predict the future. You react to what price is doing right now.
3. Scratch Trades: It is better to get out at breakeven (scratch) than to let a winner turn into a loser.

Leg Counting:

The foundation of the system is identifying two-legged moves. In a trend, prices often pull back in two distinct legs before resuming the main direction.

The Ultimate Guide to the PATs Price Action Trading Manual.pdf: Mastering the 5-Tick Stop Strategy

Rule 3 – The "No-Trade" Zone

The manual's secret: If price is chopping sideways (inside the previous 10 bars' range), do nothing . Patience is a position.