Sunil Gurjar, the founder of Chart Mojo, has become a prominent voice in the Indian stock market by championing the "Price Action" philosophy. His approach strips away the noise of complex indicators, focusing instead on the raw movement of price and volume to decode market psychology. The Philosophy: Price is Supreme
This method removes emotion. You aren't guessing; you are following a checklist.
The Power of Price Action Trading: A Comprehensive Guide by Sunil Gurjar
Trading Journal: Maintaining a detailed record of trades is emphasized as a way to build discipline and refine long-term strategy.
To apply price action trading in your trading, follow these steps:
The cornerstone of Gurjar's teaching is the belief that price movement reflects the collective psychology and emotions—optimism, fear, and greed—of all market participants. His approach focuses on "clean charts," advocating for a departure from lagging indicators in favor of real-time market behavior. Key Trading Strategies and Concepts