Pats Price Action Trading Manual.pdf |link|

Trading against a weak attempt to break out of a range or trend channel.

Understanding the PATS (Price Action Trading System) Methodology Pats Price Action Trading Manual.pdf

: The strategy exploits the mistakes of trapped counter-trend traders. The Core Framework: Two-Legged Moves Trading against a weak attempt to break out

Detail exactly how to on popular trading platforms. Before looking for a setup, the overall context

Before looking for a setup, the overall context must be established. Is the market trending, ranging, or in a state of tight congestion? Entries are generally avoided during "choppy" or sideways price action where there is no clear direction. Common Price Action Setups The methodology identifies specific recurring patterns:

The manual focuses on discretionary trading, teaching traders how to "read" the market, understand the narrative of price, and act on high-probability setups without relying on lagging indicators.

Markets move in channels. The first step in any PATS analysis is drawing accurate trend lines connecting swing highs and swing lows. A valid trend channel requires at least three touches on one side and two on the opposite. Once a channel is established, you trade strictly in the direction of that channel until it breaks. 3. Support and Resistance (Trading Ranges)