Sunil Gurjar, the founder of Chartmojo and a certified CMT/CFTe, is a prominent figure in the Indian trading community known for simplifying complex technical analysis. His primary work, "Make Money With Price Action Trading: Technical Analysis Simplified!", focuses on making trading decisions based purely on price and volume rather than a heavy reliance on lagging indicators. Core Philosophy of Sunil Gurjar's Price Action
Gurjar’s approach centers on understanding market psychology through price movement. Key elements include:
The "Price & Volume" Rule: Trading decisions should primarily be driven by raw price action and volume analysis.
Minimalist Setup: While he uses tools like moving averages for trend confirmation, the focus remains on candlestick and chart patterns.
Applicability: His methods are designed for various timeframes, including Intraday, Swing, and Positional trading. Key Content & Strategy Framework
Based on his books and courses, a complete "piece" of his price action methodology includes:
The core philosophy of Sunil Gurjar , founder of Chartmojo , is that the market tells its own story through price movements, and a trader's job is simply to read it. His book, Price Action Trading
, teaches beginners to ignore complex indicators and focus on "raw" price data. The Story: From Noise to Clarity price action trading sunil gurjar pdf
A useful way to understand Gurjar's approach is through the story of a struggling trader, which reflects many real-world case studies:
The Overwhelmed Phase: Like many, a trader named Ravi starts by cluttering his charts with RSI, MACD, and Bollinger Bands. He waits for all indicators to align, but by the time they do, the move is often over—leading to consistent losses and frustration.
The "Price Action" Pivot: Ravi stops looking for "magic" indicators and starts watching how price reacts at specific levels. He learns to see a Hammer candle at a support zone not just as a shape, but as a "story" of buyers stepping in to reject lower prices.
The Outcome: By focusing on market psychology (supply and demand) rather than formulas, Ravi identifies a trend reversal using simple Dow Theory. He enters a trade at ₹320 and exits at ₹390 upon seeing a resistance zone, securing a 22% gain by simply following the price. Key Lessons from Sunil Gurjar
Market Cycles: Markets move through phases—Accumulation, Markup, and Distribution. Understanding which phase you are in determines your strategy.
Support & Resistance: These aren't just lines; they are zones where buyers and sellers are battling for control.
Candlestick Psychology: Each candle reflects human emotion. Patterns like the Shooting Star or Engulfing pattern signal who is winning the "tug-of-war". Sunil Gurjar, the founder of Chartmojo and a
Risk Management: Success comes from surviving the bad trades. Gurjar emphasizes Position Sizing and Trailing Stop Losses to preserve capital. Resource Links
Price Action Trading by Sunil Gurjar (Chartmojo) - Amazon.in
Title: Download Price Action Trading by Sunil Gurjar PDF
Hello fellow traders!
Are you interested in learning about price action trading? Look no further! Sunil Gurjar, a well-known trading expert, has written an insightful book on price action trading that can help you improve your trading skills.
About the Book: "Price Action Trading" by Sunil Gurjar is a comprehensive guide that focuses on teaching traders how to analyze and trade financial markets using price action techniques. The book covers various aspects of price action trading, including:
PDF Download: You can download the PDF version of "Price Action Trading" by Sunil Gurjar from various online sources. However, I recommend checking the author's official website or online marketplaces like Amazon or Google Books to obtain a legitimate copy. PDF Download: You can download the PDF version
Benefits of Price Action Trading: By learning price action trading, you can:
Share Your Thoughts: Have you read Sunil Gurjar's book on price action trading? What are your thoughts on the book? Share your experiences and insights with the community!
Happy Trading!
This is a detailed analytical write-up on the search term “Price Action Trading Sunil Gurjar PDF.” It examines the context, credibility, content expectations, legal considerations, and practical value of such a resource.
While many teach Support and Resistance (horizontal lines), Gurjar often emphasizes Supply and Demand.
Before entering any trade, the PDF teaches you to analyze the higher timeframe (Daily/4H). Are we making higher highs (Uptrend) or lower lows (Downtrend)? Your trades must align with this "bias."
The PDF methodologies stress strict risk management, often citing the "RRR" (Risk-Reward Ratio).
Unlike vague "buy low, sell high" advice, the PDF provides a checklist (hypothetical example):