Price Action Trading Sunil Gurjar Pdf -

"Trade what you see, not what you think".

His approach includes identifying structural patterns such as: Bull/Bear Flags and Pennants. Trend Reversal: Double Tops/Bottoms, Head and Shoulders. 4. Risk Management (The "Alphamojo" Approach)

: Covers basic patterns like Marubozu, Hammer, and Doji, as well as advanced multi-timeframe analysis. Chart Patterns

The book and Gurjar's strategies emphasize understanding "what the price is saying" by focusing on high, low, open, and close data. Support & Resistance price action trading sunil gurjar pdf

High-volume candles like the Marubozu confirm strong institutional backing.

At the close of the breakout candle or upon a successful retest of the broken level.

: Traders use only price and volume to make decisions, aiming for clarity over "lagging" indicators. "Trade what you see, not what you think"

If you'd like to explore this topic further, I can help you:

Sunil Gurjar is a seasoned trader, educator, and the founder of Alphamojo. He is a certified CMT (Chartered Market Technician) and CFTe (Certified Financial Technician), holding a strong background in technical analysis, intermarket analysis, and portfolio management.

While lagging indicators are discouraged, are utilized dynamically. They help identify the primary trend direction and act as moving support or resistance zones during active pullbacks. Support & Resistance High-volume candles like the Marubozu

Unlike vague "buy low, sell high" advice, the PDF provides a checklist (hypothetical example):

Suggests a period of consolidation before a breakout. 4. Trend Identification and Trading

The core philosophy of , founder of Chartmojo , is that the market tells its own story through price movements, and a trader's job is simply to read it. His book, Price Action Trading

As seen from the reviews, readers love the book for its:

The foundational concept in Gurjar’s teaching is that news, fundamentals, and global cues are already reflected in the current price. Instead of predicting the future, a trader’s job is to identify what price is doing right now .