Pats Price Action Trading Manualpdf Here

"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.

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. Pats Price Action Trading Manualpdf

But here is the specific "Pat" twist: "Don't look for the bounce; look for the reaction to the bounce." Pat differentiates between a "test" and a "break." Most traders see price touch a support level and instantly buy. Pat waits. He watches the closing price relative to that level. He looks for "rejection candles" (long wicks) or "engulfing patterns." "If you are excited about a trade, you are gambling