Welcome to
Price Action Trading Systems
The Home of Price Action Trading
Welcome to the Price Action Trading System Home Page. Our main goal here at
PATs is to offer you trading information and trading strategies that are based on price
action entries, best known as Price Action Trading. Everything you need to know about
where prices are headed can be found directly in the prices found on your chart. There
is NO better way to trade, guaranteed!
If you learn to read and undersand the language of price action, there is no need for
fancy indicators. You will soon learn to trade profitably using nothing more than a single,
uncluttered chart.
You don't need a fancy trading station with stacks of monitors, nor do you need any
expensive and over used chart indicators that will simply confuse you and trick you into
entering bad trades. We have several trading strategies and a price action course
available here on our site that will move you in the right direction when it comes to finding
a successful trading strategy.
With our trading strategies, all you need is a single chart, a simple moving average and a
few trend lines. Anything more than this and you will only make trading more difficult.
Take the time to explore our site and evaluate some of our trading strategies.
Our main trading goal will be to teach you to read a price chart, and this strategy will work
on any chart and in any market, as well as, on any time frame. There simply is no "better"
way to trade. Find out today why we can make this claim by exploring our site and our
products. Using price action as your main trading tool will clean up your charts and
remove the clutter that normally creates confusion and indecision for traders. Basing
your trades on prices and their movement aids you in finding reliable reasons to enter a
trade, while also giving you clear and precise trading information. Why not find out what
this strategy can do for you starting today?
Your first step should be to check out our e-book manual on learning to read a price
chart. It is easily worth many times the cost we charge. Best of all, you can download it
instantly, so you can get started quickly. It will introduce you to all of our trading
strategies.
While we recommend starting with the price action trading manual, we also offer some
trading strategy systems that are based on similar chart reading skills, yet you can
quickly learn them without having to fully understand price action. They are simple and
easy to learn strategies, yet very powerful money makers. However, don't sell yourself
short, make sure that you start at the beginning by starting with "Mack's PA Manual!"
Our price action trading manual and all of our strategies were developed and written by
our own traders here at PATs. We are full time day traders who have many years of
experience day trading in the markets. We use all of these techniques in our own trading
accounts every single day. We know and understand the edge you get when you trade
with our proven trading strategies.
Copyright by PATs 2010
What is Price Action Trading?
We are often asked here at PATs what the term price action, or "action price" actually
means. Well, there is no true definition of these terms, but in simple english, it is a
trading technique that allows you to read the market and make trading decisions based
on the actual price movements or action of prices as they undulate on a chart, rather than
relying on lagging indicators. Most indicators are derived from past prices on the chart,
so they are in fact, giving you information on lagging price movements. Stop the
madness of using indicators and learn how to trade by understanding how to read a price
chart today!
Why would you want to base your trades on past infomration when the most important
factor in trading is what prices are doing right now, and what they are most likely to do in
the very near future? Using our strategies, we can help you to learn what prices are most
likely going to do in the near term, rather than trying to guess using lagging and
misleading indicators. There are some traders and some large institutions that actually
fade the indicator movements for the sole reason that so many losing traders use them
to base their trade decisions. That alone should tell you that they are a losing game in
most cases.
One of the most common themes we hear in trading is that "the trend is your friend!"
This is a very true statement, but the second most common theme to losing traders is
that they are always looking for tops and bottoms and thus end up counter trend trading
the majority of the time and this causes them to lose money. The million dollar problem
to trading with the trend is knowing when the trend is in play, and when it is actually
ending and a new trend is beginning. Our trading rules will show you an easy way to
determine and solve this problem, and that alone will put you on the winning side of the
market more often!
The market can actually only do three things. It can trend up, it can trend down, or it can
chop around in a trading range. Our PA trading manual can show you how to easily
determine which of these things the market is doing. We will show you how to determine
what the market is doing, which way it is currently going, and where it is most likely to go
using nothing more than a single trading chart and a few simple lines. Honestly, once you
learn our techniques, nothing more is needed. Get started today by purchasing our price
action course.
Take a look at chart one below. It is a snap shot of my actual trading chart at the end of
the trading day. Notice how clean it is and how easy it is to see which way prices were
going at any one time. This can be easily learned, but more importantly, we can teach
you when to enter the market at the most opportune times. Now take a look at chart two.
It is the same chart with blue and red arrows added to indicate the entry points for
profitable trades. Blue arrows indicate long entries, and red arrows indicate short entries.
By learning our price action methods, you can learn to actually enter at these points when
trading.
Chart One
Chart Two
Day Trading is not easy, and it will not make you rich over night. However, if you are
armed with the right tools, and if you put in the proper time to learn how to use them, you
can make a good living trading the markets. The information that you will find here on our
site will give you a great opportunity to learn the most important and basic keys that are
needed to make a living day trading any market that is liquid and that can be charted. We
prefer to trade the index futures, but you can use our strategies to trade stocks, futures,
forex and any other market that can be charted. These PA Strategies works in all
markets, because they use the footprints of other traders to determine where the market
has beeen, and where it is likely to go in the future. Our premier course allows you to
follow the money and that will also allow you to make money.