This works because the first entry trapped aggressive sellers. The second entry trapped patient sellers. The PDF can draw this, but only you can identify it in real-time at 9:45 AM.
A signature component often found in PATS literature is the Atlas Line. This is a proprietary indicator/plotting method used to determine market direction for the day.
The manual doesn’t work. You work. The manual is just the map; you still have to walk the road.
Disclaimer: Trading futures and Forex involves substantial risk of loss. Past performance of a strategy (like PATs) does not guarantee future results. This article is for educational purposes only.
Trade clean. Stay patient. Follow the price.
End of Manual – Pat’s Price Action Method
Copyright notice (optional add):
This manual is for personal educational use only. Trading financial markets involves risk of loss. Past price action does not guarantee future results.
The Price Action Trading System (PATS) by Mack is considered a legitimate, albeit difficult, scalping methodology for E-mini S&P 500 futures that requires high, consistent win rates to overcome a tight risk/reward ratio. While the manual provides a foundational understanding of market geometry and 2nd entry patterns, successful implementation often demands 6 to 24 months of practice to master the necessary discipline and account for increased market volatility. Learn more about the methodology from Price Action Trading System
The PATS (Price Action Trading System) Manual , written by head trader Mack, is a comprehensive guide designed to teach traders how to read "naked" price charts without relying on lagging indicators. It primarily focuses on high-probability scalping techniques, specifically for the S&P 500 E-mini futures (ES) market, though the principles are applicable to any high-volume market. Core Methodology pats price action trading manualpdf work
The system is built on the premise that prices move in predictable patterns based on market geometry and the behavior of market participants. It emphasizes extreme selectivity to maintain a high win rate, which is necessary due to its typically tight risk-to-reward ratio.
Chart Setup: PATS typically utilizes a 2000-tick chart for the ES, which plots bars based on transaction volume rather than time.
Minimal Indicators: The only technical tool used is a 21-bar Exponential Moving Average (EMA), which acts as a dynamic level of support or resistance.
Market Structure: Traders identify the current structure by drawing trend lines and channels to find "key entry points". Using Trend Lines To Help You Read The Price Action
The Price Action Trading System (PATS) is a scalping-oriented methodology developed by a trader known as Mack. It is primarily applied to the E-mini S&P 500 (ES) futures using tick charts (typically a 2000 tick chart) to filter out the noise of time-based candles. Core Philosophy
"Naked" Charting: The system relies on a clean price chart with almost no indicators, except for a 21-period Exponential Moving Average (EMA) used as dynamic support or resistance.
Two-Legged Pullbacks: PATS is built on the observation that the market often makes two attempts to correct against a trend before the trend resumes.
Scalp & Runner: Traders typically scalp a small number of ticks (traditionally 4 ticks or 1 point) with the majority of their contracts and leave "runners" to capture larger moves. Key Concepts & Setups This works because the first entry trapped aggressive
The system focuses on high-probability entries where the market has attempted to go against the trend twice and failed.
Price Action Trading Strategy: A Detailed Trader’s Guide - NAGA
PATS (Price Action Trading System) Price Action Trading Manual
by "Mack" is widely regarded in the futures trading community as a foundational, no-nonsense guide to reading pure price charts. Priced around
, it focuses on scalping the E-mini S&P 500 (ES) using high-probability setups like the "second entry". The Verdict: Does it work? Yes, but it is not a "plug-and-play" system. Reviews from traders at Reddit's FuturesTrading community
suggest that while the rules are clear, mastering the "nuance" of drawing trendlines and identifying market context can take 6 months to 3 years of dedicated practice. Core Content & Strategy Pure Price Action:
The manual teaches you to ditch lagging indicators in favor of a 21-bar EMA and "market geometry" (trend channels). The "Second Entry" Rule:
This is the system's bread and butter. It capitalizes on the idea that the market often tries to go in one direction twice before failing or succeeding. Scalp & Run: A signature component often found in PATS literature
Mack’s specific approach involves taking a quick 4-tick (1 point) profit on most of the position and leaving a "runner" to catch larger trend moves. Chart History:
A major value-add is the inclusion of hundreds of days of chart reviews, providing visual proof of where trades should have been taken. Pros and Cons Learn How To Day Trade Using Pure Price Action
The PATS (Price Action Trading System) Manual, authored by a trader known as Mack, is a comprehensive guide to day trading focused primarily on the E-mini S&P 500 (ES) futures market using "naked" or "pure" price action. The manual, available as a PDF, serves as the foundation for a methodology that removes lagging indicators in favor of reading market geometry and human psychology through raw price movement. Core Principles of the PATS Manual
The manual is roughly 97 pages in its core instruction, often accompanied by over 300 pages of historical chart examples and trade explanations. Its primary goal is to teach traders how to enter high-probability trades with tight stops.
Clean Charts: The system advocates for "naked" charts, typically using only a 21-period Exponential Moving Average (EMA) as a dynamic reference for support and resistance.
Market Geometry: It teaches traders to identify channels and trendlines as the primary structures through which price moves.
Tick Charts: While price action is universal, the manual specifically highlights using a 2000-tick chart for the ES to filter out noise found in time-based charts. Key Trading Setups & Strategies
The manual identifies specific patterns, often called "triggers" or "signals," that indicate high-probability entries. Price Action Trading Explained - Learn To Trade The Market
Date: ________
Pair/Asset: ________
Setup type (A/B/C): ________
Level used: ________
Signal bar type: ________
Entry price: ________
Stop loss: ________
Target(s): ________
Risk %: ________
Outcome: Win / Loss / BE
Emotion before trade: ________
Violated any rule? Y / N
Pat’s challenge: After 20 trades, any rule broken more than twice means you go back to demo.