Mack’s Price Action Trading (PAT) manual emphasizes trading pure price action by identifying high-probability setups like two-legged pullbacks and second entries using only a 21-period EMA. The system advocates for extreme selectivity and strict risk management, targeting a high win rate by trading with the trend. Learn more at Price Action Trading System .
Delete every indicator. Yes, every single one. Your chart should have candles and horizontal lines only. (Some Pats purists allow a 20-period EMA for trend context, but the raw manual prefers naked). Pats Price Action Trading Manual.pdf
AI responses may include mistakes. For financial advice, consult a professional. Learn more Using Trend Lines To Help You Read The Price Action Delete every indicator
While the patterns are powerful on their own, the manual emphasizes that they are most effective when occurring at "confluence" zones. A confluence zone is an area where multiple technical factors align: (Some Pats purists allow a 20-period EMA for