Pats Price Action Trading Manualpdf Access

The PATS (Price Action Trading System) Trading Manual by Mack is a 97-page guide focusing on day trading the E-mini S&P 500 using naked charts, market geometry, and 21-bar EMA entries. It emphasizes high-probability "second entry" setups and specific trade management rules for an 80%+ win rate. Learn more at Price Action Trading System.

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It sounds like you're looking for either a description, a summary, or a draft introduction for a document titled "Pats Price Action Trading Manual.pdf" (likely referring to the well-known trading method by Mack and the Price Action Trading System — often called PATs).

Below is a professional, ready-to-use text you can use for a file description, website summary, or inside the manual itself.

Option 1: Short Description (for file properties or a download link)

File Name: Pats Price Action Trading Manual.pdf
Description:
This manual outlines the core rules of the PATs (Price Action Trading System) — a pure price action strategy focused on trading 2-legged pullbacks (often called "2nd entries") on 5-minute and 15-minute charts of E-mini S&P 500 futures. No indicators (except a 21 EMA). The method emphasizes strict risk management, high-probability setups, and eliminating guesswork from discretionary trading.

Pats Price Action Trading Manual — A Short, Intriguing Guide

Imagine a trading manual that strips away noise and marketing hype to reveal what really moves markets: price itself. “Pats Price Action Trading Manual” (fictionalized here as a concise, high-impact primer) treats charts as conversations, not predictions. Below is a crisp, arresting tour through the core ideas, with practical hooks you can try in a live market.

Why price action matters

Pure signal: Price reflects all available information; patterns emerge from supply and demand, not indicators lagging the move.
Flexibility: Works across timeframes and instruments—stocks, forex, crypto, futures—because human behavior repeats.
Edge through structure: Recognizing market structure gives you context to trade with the trend or spot high-probability reversals.

The mindset: trader as detective

Look for context before you act. Ask: trend, range, or transition?
Be patient. The best setups are often rare; waiting is a skill.
Treat every trade as a hypothesis that must be tested and discarded if price disproves it.

Core building blocks

Structure: Higher highs/lower lows define trend. Breaks of structure signal shifts.
Support & Resistance: Not lines, but zones where order flow flips. Respect them; they’re psychological magnets.
Swing highs/lows: Use them to place stops, entries, and to judge momentum.
Liquidity areas: Clusters of stops and resting orders—price hunts these before big moves.
Candlestick context: Single candles rarely tell the whole story—use them with structure and volume (or session context).

High-probability setups (short, actionable)

Break, retest, go: Price breaks a structure level, returns to retest the same zone with weak push, then continues. Entry: after clear rejection on retest. Stop: beyond the break.
Failed breakout (false break): Price briefly pierces resistance then snaps back into the range—often signals strong counter-move. Entry: on rejection bar closing back inside.
Range fade near extremes: In a well-defined range, sell the highs and buy the lows with tight risk controls. Favor this only when momentum is absent.
Trend continuation on momentum pocket: After a corrective pull, a small consolidation with diminishing range precedes a powerful trend leg—enter on expansion.

Risk, size, and execution (practical brevity)

Risk a fixed small percentage of equity per trade; size to maintain that risk given stop distance.
Use stop placement based on market structure, not arbitrary ATR multiples.
Aim for asymmetric setups where potential reward materially exceeds risk.
Keep execution simple: limit entries for better fills where practical; avoid overtrading.

Common traps to avoid

Chasing breakouts without confirmation.
Over-reliance on indicators that cloud price context.
Moving stops based on hope instead of price structure.
Trading news impulsively—news changes context quickly; prefer to trade the price reaction, not the headline.

A short drills list to build skill

Spend 30 minutes daily marking structure (HH/HL/LH/LL) on an instrument.
Each day record 3 setups: label why you’d trade them and where stops/targets would be.
Weekly review: log outcome, note one repeatable lesson.

Parting idea — treat charts like stories Every chart is a micro-drama of fear and greed. Your job is to read motives, not to guess the ending. The “manual” mindset: be disciplined, prefer context over impulse, and trade price with humility.

If you want, I can:

Expand this into a full 2,000-word “manual” with examples and annotated chart templates, or
Build a one-week practice routine tailored to a timeframe (e.g., 5-min scalping vs. daily swing). Which would you prefer?

In the quiet hours before the market open, Leo sat in the blue light of his monitors, the PATs Price Action Trading Manual

open on his desk. It wasn’t a book of magic spells, but a guide to seeing the "market geometry" hidden in plain sight.

Leo used to chase every flickering green candle, but the manual—penned by a veteran known simply as Mack—taught him a different rhythm. He stopped looking at fancy indicators and stripped his charts down to the "naked" essentials: price, a 21-period EMA, and a 2000-tick chart.

On this Tuesday morning, the ES (S&P 500 E-mini) was carving out a clear uptrend. Leo didn't jump in. He waited for the two-legged pullback , a core PATs tenet. The First Leg : Prices dipped toward the 21-bar EMA. The Second Leg

: A second small wave of selling attempted to break the trend, but it stalled right at a trendline Leo had drawn hours ago. The Signal

: A bullish signal bar formed—a perfect rejection of the EMA. The Execution

Leo placed a buy-stop order one tick above that signal bar, just as the Price Action Trading Manual

instructed. His target was modest: a 4-tick scalp to secure a "win," while he left a "runner" to capture any further move. The market ticked up.

Within seconds, the 4-tick profit was hit. He moved his stop for the remaining contract to break even. The Lesson

By noon, the runner had added another few points to his day, but Leo wasn't celebrating. He remembered Mack’s warning: this wasn't a "get rich quick" scheme. It required a high win rate—often 75% or better—to overcome the risk-to-reward ratio inherent in scalping. Price Action Trading Explained - Learn To Trade The Market

Mack's Price Action Trading System (PATS) manual provides a comprehensive, mechanical approach to trading E-mini S&P 500 futures, emphasizing two-legged pullbacks and second entries. The strategy requires high selectivity to achieve a 60–80% win rate using pure price action, typically aiming for small scalps with potential runners. The core manual and educational materials are found at priceactiontradingsystem.com. Price Action Trading Explained - Learn To Trade The Market

PATs (Price Action Trading System) Manual by Mack is a foundational guide for day trading, primarily focused on scalping the S&P 500 E-mini (ES) futures. It emphasizes "naked" chart reading and market geometry to identify high-probability setups without relying on lagging indicators. priceactiontradingsystem.com Core Philosophy Pure Price Action

: Decisions are based on the movement of price bars (highs and lows) rather than oscillators or complex software. Market Geometry

: The manual teaches that markets move in predictable channels and two-legged patterns. Selective Trading

: Success relies on being highly selective, only taking trades where the probability of a win significantly outweighs the risk. Key Technical Concepts The 21 EMA

: The 21-period Exponential Moving Average (EMA) is the primary reference point used to determine trend and entry locations. 2000 Tick Charts

: While versatile, the strategy is most commonly applied to 2000 tick charts to filter out time-based "noise". Counting Entries

: A central technique involves counting "legs" or attempts by the market to move against a trend. Second Entries Pats Price Action Trading Manualpdf

: The most powerful setup, occurring when the market tries twice to move against the trend and fails. Two-Legged Pullbacks

: Identifying corrections that consist of two distinct legs back to the EMA or a trendline. Trading Strategy & Execution Trade Setups Second Entry Long/Short : High-probability entries following a pullback. Failed Second Entries

: Used as "trap" setups when a standard second entry fails, signaling a reversal. Scalp and Run Scalp Portion : A standard target of

(1 point) is used for the majority of the position to ensure a high win rate.

: A small portion of the position is left with a "break-even" stop to capture larger trend moves. Signal Bars

: The bar that triggers the trade must be "good"—meaning it shows strong rejection or confirmation in the intended direction. Implementation Steps Manual Study : Read the Price Action Manual to understand the rules and setups. Chart Reviews

: Supplement the manual with daily YouTube chart lessons to see the rules applied in real-time. Simulated Practice

: Use a simulator to practice identifying setups and managing trades before using real capital. End-of-Day Analysis

: Review your own trades daily against Mack’s chart reviews to find discrepancies in your reading. priceactiontradingsystem.com counting rules or more details on risk management

AI responses may include mistakes. For financial advice, consult a professional. Learn more FAQs - Price Action Trading

Mack's "PATs Price Action Trading Manual" offers a structured, cost-effective approach to trading the S&P 500 E-mini (ES) by focusing on "naked" chart analysis and "Second Entries". While considered a legitimate resource for learning, it requires high discipline due to strict risk-to-reward parameters, with many users recommending it be paired with the author's daily video reviews. Learn more about the methodology on the Price Action Trading System website. PATs Price Action Trading Manual

Master Price Action: The Ultimate Guide to the Pats Trading Manual

Price action trading is often called the "purest" form of technical analysis. Among the various methodologies available, the Pats (Price Action Trading System) Price Action Trading Manual has gained a cult-like following among scalp traders and institutional players alike.

Whether you are searching for the Pats Price Action Trading Manual PDF or looking to understand the core philosophy behind the system, this guide breaks down why this manual is a cornerstone of modern day trading. 🏛️ What is the Pats Trading System?

Developed by veteran trader Mack, the Price Action Trading System (Pats) focuses on identifying high-probability entries using nothing but a 21-period Exponential Moving Average (EMA) and a clean price chart.

The system is built on the belief that price tells the whole story. While most indicators lag, price action is real-time. The manual serves as a roadmap for reading these real-time "footprints" left by big banks and retail traders. 🗝️ Core Concepts of the Manual

The manual isn't just about lines on a chart; it’s about understanding the psychology of the market. Here are the pillars of the Pats strategy: 1. The 21 EMA (The Anchor)

In the Pats system, the 21 EMA acts as a visual baseline for value.

Mean Reversion: Prices that stray too far from the EMA are expected to snap back.

Dynamic Support/Resistance: During a strong trend, the EMA acts as a "floor" or "ceiling." 2. Counting Legs and Pullbacks

One of the most unique aspects of the manual is the concept of Second Entries. First Entry: A minor pause in a trend.

Second Entry: Often the most reliable setup. Mack teaches that if a counter-trend move fails twice, the original trend is likely to resume with force. 3. Identifying Traps

The manual excels at teaching traders how to spot "trapped" shorts or longs. By identifying where losing traders are forced to exit, you can enter the market right as their stop-losses provide the liquidity for your profit. 📈 Key Setups to Master

If you are studying the manual, focus on these primary setups:

Two-Legged Pullbacks: The "Bread and Butter" of Pats. Look for two clear legs of correction before entering in the direction of the trend.

Failed Second Entries: A powerful reversal setup that catches traders on the wrong side of a trend change.

Lower Highs and Higher Lows: Used to confirm that the market momentum has officially shifted. 📖 Why Traders Search for the PDF

Traders seek out the Pats Price Action Trading Manual PDF because it offers a structured, rule-based approach to a discretionary art form. Benefits of the Manual:

Simplicity: Removes indicator clutter (no RSI, MACD, or Stochastics).

Risk Management: Focuses on tight stop-losses and specific "scalp" targets (usually 4 ticks/1 point on the S&P 500).

Consistency: Provides a repeatable framework for analyzing the ES (S&P 500 E-mini) and other liquid markets. 💡 How to Study Effectively

Owning the manual is only the first step. To see results, follow this path: The PATS (Price Action Trading System) Trading Manual

Read and Annotate: Understand the "Count" (counting legs) thoroughly.

Screen Time: Open a 2000-tick chart (Mack’s preferred timeframe) and practice identifying second entries in real-time.

Paper Trade: Don't use live capital until you can identify the setups without hesitation.

Log Your Trades: Record why a setup failed—was it a bad "count" or a ranging market? Final Thoughts

The Pats Price Action Trading Manual is more than a strategy; it is a lens through which you can view any financial market. By stripping away the noise and focusing on the 21 EMA and the "Second Entry" rule, you align yourself with the natural flow of supply and demand.

Are you ready to stop chasing indicators and start reading the tape?

Option 3: Bullet-Point Key Concepts (for a summary page inside the PDF)

Key Concepts of PATs Price Action Trading

No indicators except 21 EMA — used as dynamic support/resistance and trend filter.
Only one trade pattern: The 2nd entry pullback (2nd long or 2nd short).
Timeframes: Primarily 5-minute chart; 15-minute for trend context.
Entry rule: Enter on the close of the 2nd entry signal bar (or limit order at signal bar extreme).
Stop loss: 1 tick beyond the opposite side of the signal bar.
Target: Minimum 1:1 risk-to-reward, often scaling out.
No trades during: First 5 minutes after open, lunch hour (11:30 AM – 1:00 PM ET), or low-volume holiday sessions.
Daily max loss: Stop trading after 2–3 consecutive losses or reaching a predetermined $ loss.

The PATS Price Action Trading Manual , authored by a trader known as Mack, is the foundational guide for the Price Action Trading System (PATS). It is designed to teach traders how to read "naked" price charts with minimal indicators to identify high-probability entries in any market. Core Principles & Methodology

The manual simplifies the complex price action theories popularized by traders like Al Brooks, focusing on a "common sense" approach to market geometry.

The 21-Bar EMA: The primary tool used is a 21-bar Exponential Moving Average (EMA). It acts as a dynamic trend line, providing support in uptrends and resistance in downtrends.

Two-Legged Moves: A cornerstone concept is that markets naturally move in two legs. PATS focuses on identifying these pullbacks to the EMA.

Market Geometry: The system relies heavily on drawing parallel trend lines and identifying trading ranges to determine "Key Entry Points" (KEPs).

Tick Charts: While universal, the system is most commonly demonstrated on 2000-tick charts for the E-mini S&P 500 (ES) to capture clean intraday price action. Key Trade Setups

The manual outlines specific, rule-based setups that recur daily in trending or range-bound markets: FAQs - Price Action Trading System

Review: "Pat's Price Action Trading Manual.pdf"

Summary

Pat's Price Action Trading Manual is a concise, practitioner-focused guide teaching traders to read raw price movement (candles, bars) and structure trades without relying on lagging indicators. It emphasizes context, market structure, support/resistance, orderflow cues, and disciplined trade management.

Contents & structure

Intro & philosophy: Advocates price-action purity — price and volume (context) over indicators; mindset and risk-first approach.
Market structure: Definitions and identification of trends, swings, higher highs/lows, lower highs/lows; using structure to bias trades.
S/R and zones: Building horizontal support/resistance and dynamic zones from recent structure — not fixed lines but areas to watch.
Price-action patterns: Single- and multi-candle patterns (pin bars, engulfing, inside bars, fakey/rejections) with context rules.
Entries & filters: Entry techniques (breakout, pullback, retest, trap/fakey) with emphasis on context alignment and confluence.
Risk management: Position sizing, stop placement, risk:reward logic, and trade journaling.
Trade management: Scaling, moving stops to breakeven, partial profit-taking rules.
Special topics: Session context (open/close), liquidity hunts, false-break recognition, emotional control.
Appendix/examples: Chart examples demonstrating setups, annotated trade scenarios, checklist for entries.

Strengths

Practical, action-oriented: Focuses on what traders actually see and do on charts.
Context emphasis: Correctly insists patterns require structural context to be meaningful.
Clear rules: Provides repeatable entry/exit rules and checklists useful for consistent execution.
Risk-first culture: Strong emphasis on position sizing and protecting capital.
Visual examples: Numerous annotated charts illustrating concepts (very helpful for pattern recognition).

Weaknesses

Depth variance: Some sections (e.g., advanced orderflow or institutional liquidity concepts) are sketched rather than exhaustively explained.
No platform-specific guidance: Assumes reader can apply concepts across charts; novices might want walkthroughs in common platforms.
Backtesting/statistics limited: Lacks extensive quantitative backtests or win-rate/distribution analyses for setups.
Psychological guidance brief: Mindset coverage is practical but not deep on cognitive biases or behavioral training.

Who it’s for

Best for beginner-to-intermediate discretionary traders who want a structured, rules-based price-action approach.
Less suited for advanced quant traders seeking rigorous statistical validation or traders wanting indicator-based systems.

Practical takeaways (actionable)

Start using a simple checklist before each trade: trend bias, nearest S/R zone, trigger candle, confirmation, stop, target, position size.
Define market structure on multiple timeframes (higher timeframe bias + execution timeframe setups).
Use S/R zones (areas) not single lines; wait for price to show a rejection or validated retest before entering.
Keep R:R realistic and control risk with a fixed % of account per trade; move stops to breakeven after logical confirmations.
Journal every trade with screenshots and checklist results to identify edge and avoid repeating mistakes.

Credibility & evidence

The manual is practical and consistent with established price-action pedagogy taught by experienced discretionary traders; however, it offers limited empirical performance data. Readers should validate setups with their own backtesting and forward-testing.

Overall verdict

A solid, usable manual for traders who want to learn reliable price-action habits and a rules-based discretionary framework. Treat it as a practical primer: apply the rules, backtest key setups on your instruments, and use disciplined risk management. Not a substitute for testing and experience, but a helpful map for building a price-action trading approach.

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Unlock the Secrets of Price Action Trading with Pat's Proven Manual

Are you tired of complicated trading strategies that promise the world but deliver little? Look no further than Pat's Price Action Trading Manual PDF. This comprehensive guide is packed with actionable insights and expert advice on how to master the art of price action trading.

What is Price Action Trading?

Price action trading is a popular trading strategy that involves analyzing and making decisions based on the price movements of a security, without relying on technical indicators or other complicated tools. By focusing on the pure price action, traders can gain a deeper understanding of market dynamics and make more informed trading decisions.

What You'll Learn from Pat's Manual

Pat's Price Action Trading Manual PDF is a treasure trove of knowledge for traders of all levels. Here are just some of the key takeaways:

How to read price action like a pro: Pat shares his expert insights on how to analyze price movements, identify trends, and spot potential reversals.
Proven trading strategies: The manual includes a range of effective trading strategies that you can use to capitalize on price action opportunities.
Risk management techniques: Pat provides guidance on how to manage your risk and protect your capital, helping you to minimize losses and maximize gains.
Real-world examples and case studies: The manual is filled with real-world examples and case studies that illustrate the concepts and strategies in action.

Benefits of Using Pat's Manual

By following the principles outlined in Pat's Price Action Trading Manual PDF, you can:

Improve your trading performance: By learning how to read price action and make better trading decisions, you can boost your trading results and achieve your financial goals.
Reduce your reliance on technical indicators: Pat's manual shows you how to trade with confidence without relying on complicated technical indicators or other gimmicks.
Gain a deeper understanding of market dynamics: By studying price action, you'll gain a deeper understanding of how markets work and how to navigate them with ease.

Get Your Copy of Pat's Price Action Trading Manual PDF Today! Option 1: Short Description (for file properties or

Don't miss out on this opportunity to transform your trading results. Download your copy of Pat's Price Action Trading Manual PDF today and start mastering the art of price action trading. With this comprehensive guide, you'll be well on your way to becoming a more confident and successful trader.

Introduction

The "Pats Price Action Trading Manual PDF" is a highly sought-after trading guide that focuses on price action trading strategies. The manual is designed to help traders of all levels improve their trading skills and become more consistent in their trading decisions. In this piece, we'll take a closer look at the manual, its contents, and what traders can expect to learn from it.

What is Price Action Trading?

Price action trading is a popular trading approach that involves analyzing and making trading decisions based on the price movements of a security, without relying on technical indicators or other external factors. This approach is based on the idea that all market information is reflected in the price, and by studying price movements, traders can identify patterns and trends that can help them make informed trading decisions.

Overview of the Pats Price Action Trading Manual PDF

The Pats Price Action Trading Manual PDF is a comprehensive guide that covers various aspects of price action trading. The manual is written in a clear and concise manner, making it easy for traders to understand and implement the strategies. Here are some of the key topics covered in the manual:

Introduction to Price Action Trading: The manual starts by introducing the concept of price action trading, its benefits, and how it differs from other trading approaches.
Understanding Market Structure: The manual explains how to understand market structure, including identifying trends, ranges, and breakouts.
Price Action Patterns: The manual covers various price action patterns, including:
- Reversal patterns (e.g., head and shoulders, inverse head and shoulders)
- Continuation patterns (e.g., triangles, wedges)
- Breakout patterns (e.g., gaps, island reversals)
Trading Strategies: The manual provides several trading strategies that traders can use to capitalize on price action patterns, including:
- Trend following strategies
- Range trading strategies
- Breakout strategies
Risk Management: The manual emphasizes the importance of risk management in trading and provides guidance on how to manage trades effectively.

Key Takeaways

The Pats Price Action Trading Manual PDF offers several key takeaways for traders, including:

Improved understanding of market structure: Traders will learn how to identify and understand market structure, which is essential for making informed trading decisions.
Ability to identify price action patterns: Traders will learn how to identify various price action patterns, which can help them anticipate potential trading opportunities.
Effective trading strategies: Traders will learn several effective trading strategies that they can use to capitalize on price action patterns.
Risk management techniques: Traders will learn how to manage trades effectively, which is critical for long-term trading success.

Conclusion

The Pats Price Action Trading Manual PDF is a valuable resource for traders of all levels who want to improve their trading skills and become more consistent in their trading decisions. The manual provides a comprehensive guide to price action trading, covering various aspects of this popular trading approach. By studying the manual, traders can gain a deeper understanding of market structure, identify price action patterns, and develop effective trading strategies. Whether you're a beginner or an experienced trader, the Pats Price Action Trading Manual PDF is definitely worth checking out.

Where to Find the Manual

The Pats Price Action Trading Manual PDF can be found online through various sources. Some popular options include:

Online marketplaces: The manual may be available for download on online marketplaces such as Etsy or eBay.
Trading forums: Trading forums and communities often have sections dedicated to trading resources, including the Pats Price Action Trading Manual PDF.
Trading websites: Some trading websites may offer the manual as a free or paid resource.

It's essential to note that when downloading the manual, traders should ensure that they are obtaining it from a reputable source to avoid any potential scams or viruses.

I’m unable to provide a direct essay based on the Pats Price Action Trading Manual PDF because I don’t have access to the specific contents of that file. However, I can offer a general essay on the principles of price action trading as commonly taught in manuals like Pats’ approach, focusing on concepts such as market structure, support/resistance, trend analysis, and entry/exit strategies.

If you’d like, I can write that original essay for you. Just let me know, and I’ll produce a detailed, informative piece suitable for educational or trading purposes.

PATs Price Action Trading Manual is the core educational resource for the Price Action Trading System developed by a trader known as

. It focuses on "pure" or "naked" price action, teaching traders to read charts without relying on traditional technical indicators. NAGA Everything Trade Accessing the Manual Official Source : The manual is available for purchase directly from the Price Action Trading System website Document Details : The current manual is approximately

long and is often bundled with over 300 pages of older chart examples and trade explanations. Download Format : It is provided as a

. Official downloads typically provide a link valid for 24 hours. Alternative Previews

: Limited versions and chart-only excerpts are sometimes found on document-sharing platforms like Academia.edu Core Concepts Covered

PATS (Price Action Trading System) Manual , authored by a trader known as

, is a foundational guide for day trading—specifically the E-mini S&P 500 (ES)

futures market—using "naked" price action without complex indicators. Core Concepts of PATS

The system focuses on reading market structure to identify high-probability entries with tight stop-losses. Price Action Trading System

Option 2: Introduction / Foreword (to place at the start of the PDF)

Is the PDF Worth Your Time?

Yes—with a warning.

The value of Pat's Price Action Trading Manual is not in its secret indicator (because there isn't one). The value is in its discipline framework. It forces you to:

Wait for a specific setup.
Ignore the news.
Cut losses quickly.

However, be aware that many free PDFs circulating online are incomplete or contain errors (e.g., missing the chapter on "Trade Management"). If you find a copy, cross-reference the rules with public YouTube videos from "Day Trading Academy" to ensure you have the correct version.

The Psychology of the Trade

What sets Pat’s manual apart from basic technical analysis guides is its focus on Market Psychology. The text explains that every candle represents a battle between fear and greed.

For example, a pin bar at a support level is not just a shape; it is a narrative. It tells the story of sellers pushing price down, only to be overwhelmed by aggressive buying, leaving the sellers trapped. This leads to the concept of "Trapped Traders." Pat’s strategy often involves identifying where retail traders have placed their stop-losses and recognizing that institutional liquidity hunting often targets these areas.

The Core Philosophy: The Language of Candles

The central thesis of Pat’s methodology is that price is the only truth in the market. News events, economic data, and geopolitical tension are all processed and reflected through price. Therefore, by studying the footprint of price—specifically candlesticks and chart patterns—a trader can anticipate future movements without the need for secondary indicators.

Pat’s manual emphasizes Market Structure above all else. It teaches that markets are not random; they move in specific rhythms of expansion (impulse) and contraction (correction). Understanding who is in control—the buyers (bulls) or the sellers (bears)—is the first step in the Pat’s Price Action framework.