The creator of PATS has posted thousands of daily chart wrap-up videos on YouTube over the years. These public video archives are completely free, entirely safe, and offer an invaluable repository of real-time chart analysis that often supersedes what can be learned from a static manual alone.
Price action trading emphasizes simplicity and discipline. Its proponents argue that markets reflect the consensus of all participants, and that price itself contains the information necessary to make trading decisions. Manuals dedicated to this approach typically cover chart structure, trend identification, key reversal patterns, order flow clues inferred from price bars, and trade management techniques such as entries, stop placement, and position sizing. A well-crafted manual prioritizes clear rules, examples drawn from multiple timeframes, and a framework for adapting to different market conditions. For many traders—especially those who prefer discretionary or hybrid systems—price action offers a transparent basis for decisions and a guardrail against overfitting mechanical indicator systems. pats price action trading manualpdf patched
The system uses an incredibly minimalist chart setup, typically applied to a 21-tick chart or a 5-minute chart for day trading instruments like the E-mini S&P 500 (ES). The creator of PATS has posted thousands of