Trading Manualpdf | Pats Price Action

"If you are excited about a trade, you are gambling. If you are indifferent, you are trading." So, close your indicators. Zoom out. Draw a horizontal line. And wait.

That is the art of the naked chart. Disclaimer: This content is for informational and educational purposes only and does not constitute financial advice. Trading forex, stocks, or futures involves substantial risk of loss. Pats Price Action Trading Manualpdf

If you have ever opened a trading platform, you know the feeling. Within five seconds, your pristine chart looks like a Picasso painting gone wrong. Three moving averages, an RSI, a Stochastic, MACD, and a partridge in a pear tree. "If you are excited about a trade, you are gambling

The manual teaches that price action (the raw open, high, low, and close) is the only leading indicator in existence. Everything else is just a mathematical derivative of what already happened. Draw a horizontal line

Most traders feel they must be in the market. Itchy trigger fingers. Pat argues that 80% of the time, the market is in chop (random noise). During chop, price action lies. It fakes breakouts. It hunts stops.