Price Action: Trading Sunil Gurjar
Price Action Trading: Mastering the Markets with Sunil Gurjar
Risk Management: The 1% Rule
Gurjar is strict about risk. No single trade should risk more than 1% of your total capital. If your stop loss is 20 points, your position size must be calculated so that losing 20 points equals 1% of your account. price action trading sunil gurjar
- The Mother Bar: The first candle with a large range.
- The Inside Bar: The second candle that is completely contained within the mother bar.
- The Trigger: The trade is executed when price breaks the high or low of the mother bar.
Sunil Gurjar's approach to Price Action Trading is built around several key concepts: Price Action Trading: Mastering the Markets with Sunil
Introduction
Sunil Gurjar’s approach is centered on the belief that price and volume are the most reliable leading indicators. While most traditional methods rely on lagging indicators like RSI or MACD, Gurjar teaches traders to read the battle between buyers and sellers through: The Mother Bar: The first candle with a large range
Abstract
3. Context over Patterns
While many traders memorize patterns (Head & Shoulders, Wedges), Gurjar emphasizes context. A bullish engulfing candle on a daily chart means nothing if it appears at a major resistance level. He teaches traders to read the "story" of the chart—the battle between bulls and bears.
- Understanding Market Structure: Sunil Gurjar stresses the need to understand market structure, including trends, ranges, and breakouts.
- Identifying High-Probability Trades: He teaches traders how to identify high-probability trades using price action patterns and candlestick analysis.
- Effective Risk Management: Sunil Gurjar emphasizes the importance of risk management, including position sizing, stop-loss placement, and risk-reward ratios.