Pats Price Action Trading Manual.pdf ((better)) | No Ads
Unlock the Power of Price Action Trading with Pat's Proven Strategies
The Price Action Trading System (PATS) manual by Mack is a foundational guide focused on discretionary day-trading using clean price charts and a 21-period EMA, primarily targeting high-volume markets like the S&P 500 E-mini. The method emphasizes trading based on market context, using specific strategies like two-legged pullbacks and failed breakouts to eliminate emotional decision-making. For more details on the method, visit the Official Price Action Trading System Site. Pats Price Action Trading Manual.pdf
- Was this a 2BR at a S/R level?
- Did I take a trendline bounce (illegal by manual standards)?
- Did I exit early because of fear?
The Core Philosophy: "Less is More"
Before we get into specific setups, the manual emphasizes a psychological framework that is rare in trading literature. Unlock the Power of Price Action Trading with
By stripping away the noise and focusing on pure candlestick mechanics and level-to-level trading, the Pats method offers a path to consistency that is rare in the "influencer" age of trading. Was this a 2BR at a S/R level
Mack claimed to have simplified the complex teachings of Dr. Al Brooks, reducing them down to a single, repeatable pattern: The Second Entry (2ER) with a trend.
Why This PDF is a "Manual" and Not a Course
You will notice if you find the Pats Price Action Trading Manual.pdf that it is incredibly terse. It does not hold your hand. It lists rules in bullet points.
- For ES (E-mini S&P): Stop loss is exactly 5 ticks (1.25 points).
- For Forex (EUR/USD): Roughly 5 pips.
- The Logic: If the market moves against you by 5 ticks, your thesis is wrong. Get out immediately.