Action Trading Sunil Gurjar: Price
Sunil Gurjar, the founder of Chart Mojo, has become a prominent voice in the Indian stock market by championing the "Price Action" philosophy. His approach strips away the noise of complex indicators, focusing instead on the raw movement of price and volume to decode market psychology. The Philosophy: Price is Supreme
If you want to master this style, avoid generic YouTube "trading gurus." Instead, look for specific content: price action trading sunil gurjar
In the domain of technical analysis, traders are often inundated with lagging indicators such as Moving Averages, RSI, and MACD. In contrast, "Price Action" trading analyzes the movement of price itself to predict future market behavior. Sunil Gurjar, a prominent technical analyst and educator based in India, has gained significant recognition for his ability to distill complex market movements into a rule-based price action system. Sunil Gurjar, the founder of Chart Mojo, has
The Core Pillars of Sunil Gurjar’s Strategy
- FOMO (Fear of Missing Out): He teaches that price action offers 5-6 high-probability setups a month. If you miss one, wait. The market will be open tomorrow.
- Revenge Trading: After a loss, he insists you close the charts and walk away.
- Patience: He calls this the "Superpower." Waiting for the exact setup (Swing level + Candlestick confirmation) is harder than executing the trade.
The "No Indicator" Rule
Key Pillars of Sunil Gurjar’s Price Action Strategy
- Uptrend: Higher Highs (HH) and Higher Lows (HL).
- Downtrend: Lower Highs (LH) and Lower Lows (LL).
- Sideways (Range): Indecision. He often advises staying away unless you are a range trader.