Pats Price Action Trading Manual.pdf (2025)

The second time a candlestick's high breaks above the previous bar's high. This is the optimal long entry trigger, especially if it tests and rejects the 21 EMA. 3. Low 2 (L2) Shorting Setup

The "PATs Price Action Trading Manual" by Mack is a foundational guide focused on trading "pure" price action, utilizing 2nd entry setups and a 21-period EMA to navigate market trends. The methodology emphasizes trading trends via stop orders, specifically looking for failures to enter, and using tight stop-losses for scalping. For more details, visit Price Action Trading System

If a second entry triggers on a doji, an indecisive bar, or a bar pointing the wrong way, the trade is skipped. Support, Resistance, and Channels Pats Price Action Trading Manual.pdf

The bar immediately preceding your entry must be a strong signal bar. For a long trade, it must close in its upper third. For a short trade, it must close in its lower third.

One of the most powerful concepts in the manual is learning to identify when traders are "trapped" on the wrong side of a move. These traps often provide the high-probability fuel for a trade in the opposite direction. The second time a candlestick's high breaks above

In a strong downtrend, you look for Second Entry Shorts that pull back right to the 21 EMA.

The is not a get-rich-quick blueprint. It is a guide to learning how to read the language of the market bar-by-bar. If you prefer mechanical clarity, tight risk control, and trading without indicator clutter, studying the core tenets of the PATs methodology is one of the best investments you can make in your trading education. Low 2 (L2) Shorting Setup The "PATs Price

What (NinjaTrader, TradingView, Sierra Chart) are you planning to use to set up your tick charts? Share public link

The philosophy behind the PATs system is that all the information needed to trade successfully is already present in the price itself. The manual argues that most profitable traders are already using price action techniques, whether they explicitly label them as such or not. By learning to read the "language of the charts," you can understand what prices are doing, why they are doing it, and what they are likely to do next.

The creator behind the manual goes by though this is understood to be a pseudonym to keep the focus on the trading methodology rather than personality cult. Mack's background is that of a full-time day trader with years of experience in the markets, and his approach is characterized by extreme minimalism.