When a high-probability Second Entry fails, it creates a massive surge of momentum in the opposite direction. This happens because trapped traders are forced to liquidate their positions simultaneously. Failed Second Entry Short (Bullish Trap) A Second Entry Short triggers in a strong uptrend. Counter-trend sellers enter the market.
So, what actual trades does the teach? It revolves around three primary patterns, usually traded on 5-minute, 15-minute, or 1-hour charts (often on the E-mini S&P 500 or liquid Forex pairs).
When a second entry fails, it creates a massive trap. For example, if a Second Entry Long breaks below the signal bar, all the buyers are trapped in a losing position. They must sell to exit. This sudden selling pressure creates a high-probability opportunity for savvy traders. Higher Lows and Lower Highs
For a position, the signal bar must close near its absolute top, showing strong bullish rejection. Pats Price Action Trading Manual.pdf
Let’s simulate a trade using the guidelines on the 5-minute E-mini S&P.
The "Pats Price Action Trading Manual.pdf" is a comprehensive guide to trading using price action techniques, written by experienced trader Pat. This manual provides a detailed roadmap for traders of all levels to master the art of reading price charts and making informed trading decisions.
The bar immediately preceding the entry trigger is called the . When a high-probability Second Entry fails, it creates
This is the only indicator allowed on your chart. It acts as a dynamic visual anchor. In a strong trend, price will consistently bounce off the 21 EMA.
Specialized instructions on measured targets. Core Concepts of Mack’s PATs System
The financial markets have a way of humbling the arrogant and enriching the disciplined. The is not a magic key to a treasure chest. It is a workout plan for your trading psychology. Counter-trend sellers enter the market
The manual is the entry point into a larger educational ecosystem:
The PATs system and its manual have garnered a positive, albeit niche, following:
: The system exploits the mistakes of trapped counter-trend traders. Key Concepts in the PATS Manual
Let’s be honest. The is not a magic grail. It is a discipline engine .