: A price level where buying interest halts a markdown.
Price action trading is a disciplined approach to the financial markets that relies solely on the movement of price and volume, rather than lagging indicators. , a SEBI-registered research analyst and CMT (Chartered Market Technician), has become a prominent voice in this space, helping retail traders simplify their approach through his bestselling books and educational platform, Alphamojo . Core Philosophy of Price Action Trading
By ditching complex mathematical oscillators, traders learn to observe the raw struggle between buyers and sellers. This direct observation allows them to identify key trend structures, locate inflection points, and enter positions before lagging indicators generate a signal. This methodology functions effectively across different durations, proving valuable for Intraday Trading, Swing Trading, and Positional Investing alike. The Three Structural Pillars of Gurjar’s Framework
A key concept in Gurjar’s analysis is the . This occurs when price convincingly breaks above a swing high (in an uptrend) or below a swing low (in a downtrend). price action trading sunil gurjar
: Maintaining a detailed record of trades is emphasized as a way to build discipline and refine long-term strategy.
Characterized by a sequence of Higher Highs (HH) and Higher Lows (HL). Traders should look exclusively for buying opportunities.
[Pin Bar / Hammer] [Engulfing Pattern] | | | | | [] | | [] [ ] |======| | [] [ ] || |=======| || (Long Lower Wick) (Second Body Eats First) Bullish Reversals : A price level where buying interest halts a markdown
Rather than buying at the top of a trend, price action traders wait for a retracement (pullback) to a support level before entering, ensuring a better risk-to-reward ratio. 4. Risk Management and Discipline: The Gurjar Philosophy
Many retail traders lose money by buying a breakout blindly, only to get trapped in a "fakeout." Gurjar teaches patience by looking for the confirmation cycle:
Sunil Gurjar , a CFTe and founder of , focuses on a simplified approach to price action trading that prioritizes "naked charts" and raw price movement over complex technical indicators. His methodology centers on understanding market psychology through price and volume alone to make high-probability trading decisions. Amazon.com Core Philosophy: "The Market Tells a Story" Core Philosophy of Price Action Trading By ditching
Candlestick charts reveal the exact emotion behind market moves. A deep understanding of candlestick wicks (shadows) and bodies helps you gauge the tug-of-war between buyers and sellers. For example:
: He combines price action with volume to detect institutional activity and confirm the strength of a trend or breakout. Risk Management & Execution
: A large red candle completely drowns out the previous green candle body. Multi-Timeframe Analysis
The underlying message is consistent: .