Indicates a period of consolidation before an explosive breakout. 4. Classical Chart Patterns
| Book Title | Focus Area | Year | |------------|------------|------| | Make Money With Price Action Trading | Comprehensive price action strategies | 2021 | | Breakout Trading Made Easy | Specialized breakout strategies | 2023 | | Technical Analysis Made Easy | Beginner-to-advanced technical analysis | 2025 |
Instead of relying solely on a single PDF, you can build a highly effective personal trading journal using the core principles taught by technical analysts like Gurjar: Action Item Clean your charts Remove lagging indicators like MACD or RSI. 2 Plot Key Zones Mark daily and hourly Support/Resistance lines. 3 Wait for Candlestick Triggers Look for rejections (long wicks) at your zones. 4 Manage Your Risk Never risk more than 1-2% of your capital per trade. Final Verdict
: Analysis of Head & Shoulders, Double Tops/Bottoms, Triangles, and Channels.
True price action trading relies on the belief that everything you need to know is already reflected in the price. Here are the core pillars behind this methodology. 1. Market Structure Analysis price action trading book by sunil gurjar pdf download
Support and resistance lines represent key psychological zones where buying or selling pressure historically enters the market.
While unofficial PDF versions of Sunil Gurjar's Price Action Trading books occasionally appear on file-sharing sites like
To genuinely absorb Sunil Gurjar's teachings, it is best to utilize official channels:
Which are you focusing on? (Indian equities, Forex, or Crypto?) Indicates a period of consolidation before an explosive
Look at historical charts to see how price reacted at specific zones. Paper Trade: Practice in real-time without risking capital.
This comprehensive article explores the core philosophy of price action trading, breaks down the key concepts popularized by educators like Sunil Gurjar, and discusses how to build a robust trading framework. Who is Sunil Gurjar and Chartmojo?
Understand the basic structures of price movement.
The book begins by laying a solid foundation, introducing readers to the core principles of price action trading. Gurjar explains why price action is often more reliable than indicator-based trading: unlike lagging indicators that rely on past data, price action allows traders to make decisions based on real-time price movements. 2 Plot Key Zones Mark daily and hourly
"Price Action Trading" by Sunil Gurjar is a comprehensive guide to price action trading that provides traders with a deeper understanding of the markets and how to make informed trading decisions. The book covers various topics, including chart reading, pattern recognition, trading strategies, and risk management. For those looking to download the PDF version, there are several options available online. By reading this book, traders can improve their trading skills and become more effective traders.
If the price breaks cleanly through a resistance zone with high volume, it triggers a . Step 4: Define Risk and Reward
: Readers learn how to identify key price zones where the market tends to bounce or reverse—crucial for setting stop-loss orders, planning entries and exits, and managing trades effectively.
Entering a breakout without waiting for a candle close or a successful retest often results in buying at the exact top.