If a bar has a large body in the wrong direction or a long wick in the middle, it is a bad signal bar, and the trade must be skipped. Step-by-Step PATs Trade Execution
Unlike subjective trading strategies, PATS relies on strict, objective rules. The system is built heavily around the behavior of the market as it interacts with the on a 2100-tick chart . Why Tick Charts?
Traders who want a mechanical, repeatable edge without subjectivity. PATs is not a "holy grail" — it requires screen time and discipline. But its simplicity makes it one of the most transparent price action methods available.
Imagine a trading manual that strips away noise and marketing hype to reveal what really moves markets: price itself. “Pats Price Action Trading Manual” (fictionalized here as a concise, high-impact primer) treats charts as conversations, not predictions. Below is a crisp, arresting tour through the core ideas, with practical hooks you can try in a live market. Pats Price Action Trading Manualpdf
is the brainchild of Mack – a veteran futures trader who began sharing his methods publicly on YouTube in the early 2010s. Mack and his team are active, full‑time day traders who use their own money in the markets every single day, so the manual isn’t just theory. It reflects the exact steps they take to stay profitable.
In an uptrend, look for a new high. The first bar that fails to make a higher high starts the correction. When a bar breaks above the previous bar's high, that is the First Short-term Long (1L) . If price drops again and breaks above a subsequent bar's high, that is the Second Short-term Long (2L) .
The PATS manual focuses heavily on specific, repeatable setups. Here are the primary entries: Two-Legged Pullback to the EMA (2L / 2S) This is the baseline trend-continuation trade. If a bar has a large body in
At its core, is a method of making trading decisions based solely on the raw price movement shown on a stripped‑down “naked” chart. Most price action traders use only a simple moving average (if that) to gauge trend direction, and they look for patterns in the candlesticks – for example, pin bars, inside bars, and engulfing bars – to anticipate the next price move. The core belief is that all necessary information is already reflected in price, so adding dozens of lagging indicators just adds confusion.
Closing near the low indicate selling pressure.
Who it’s for
The manual emphasizes patience, waiting for specific, high-probability patterns, known as "setups."
Unlike traditional technical analysis that relies on lagging mathematical derivatives of price, the PATS philosophy teaches traders to read the market in real time. The system operates on the assumption that every candlestick tells a piece of a broader structural story, revealing the shifting balance between institutional buyers and sellers. The system operates on three foundational pillars: