Explaining the psychology, rules, and setups.
The manual focuses on discretionary trading, teaching traders how to "read" the market, understand the narrative of price, and act on high-probability setups without relying on lagging indicators.
For those willing to put in the time to study, backtest, and practice, this price action manual is arguably one of the most effective resources available for day trading. Pats Price Action Trading Manual.pdf
Simply finding a second entry is not enough to take a trade. The PATS manual outlines strict filters to separate high-probability setups from losing traps. The Role of the 21 EMA The 21-period EMA acts as the "value" baseline.
The manual's $100 price point makes it an accessible entry point for aspiring traders. However, its value ultimately depends on your commitment to the learning process. With diligent study and practice, the PATs manual can provide a solid foundation for a profitable, long-term trading career. The manual's core philosophy is elegantly simple: Explaining the psychology, rules, and setups
: The system exploits the mistakes of trapped counter-trend traders. Key Concepts in the PATS Manual
Your protective stop is placed exactly 1 tick below (or above) the signal bar. This keeps risk remarkably small. Simply finding a second entry is not enough to take a trade
If you have to squint or debate whether a leg has formed, it isn't a valid setup. Clean PATS setups are glaringly obvious on the chart.
Price action trading is a discipline centered on the analysis of raw price movements rather than relying on lagging technical indicators. This approach prioritizes what is happening in the market at the present moment, focusing on market structure, support and resistance, and chart patterns. The Core Philosophy of PATS
: The signal bar must close in its upper one-third, showing strong bullish rejection.