As a and the founder of financial edtech platforms like AlphaMojo (formerly Chartmojo), Sunil Gurjar has popularized structured frameworks for interpreting "naked" charts. His foundational literature, including the national bestseller Price Action Trading: Technical Analysis Simplified! and Breakout Trading Made Easy , provides retail market participants with actionable systems for navigating intraday, swing, and positional market trends using historical price clean of indicator noise. Core Philosophy: Price and Volume Mechanics
As a CMT, CFTe, SEBI-registered research analyst, and founder of Chartmojo and Alphamojo, Gurjar advocates for an indicator-free or indicator-light system. This approach allows traders to accurately read market psychology, minimize entry and exit lag, and efficiently identify profitable trading setups. 1. What is Price Action Trading?
Price action trading centers on the philosophy that everything affecting a financial asset—macroeconomic factors, earnings reports, global events, and human emotion—is immediately discounted and reflected in its current price.
Price action trading is the practice of making trading decisions based entirely on the historical and current movements of prices, rather than relying on technical indicators like MACD, RSI, or Moving Average Convergence Divergence. price action trading sunil gurjar
Gurjar looks closely at individual and combinations of candlesticks at key levels. Rather than memorizing dozens of candlestick names, his methodology focuses on what the candle tells us about momentum:
The market has been in a downtrend. Price hits a historical support level at 44,000.
: He combines price action with volume to detect institutional activity and confirm the strength of a trend or breakout. Risk Management & Execution As a and the founder of financial edtech
Indicators lag, but candlesticks print in real-time. Look for these specific triggers:
It can be applied to any market—stocks, forex, crypto, or commodities—and any timeframe. 2. The Core Tenets of Sunil Gurjar's Price Action Approach
| Mistake | Gurjar’s Solution | | :--- | :--- | | | Only use "Swing Highs" and "Swing Lows." Delete diagonal trend lines if they don't touch at least 3 points. | | Trading against the 1-hour trend | Check the higher timeframe (HTF) first. Only take buy signals on the 5-minute chart if the 1-hour chart is bullish. | | Entering too early | Wait for the candle to close . Never enter during the formation of a candle. | Core Philosophy: Price and Volume Mechanics As a
Mastering the Markets: An In-Depth Guide to Price Action Trading with Sunil Gurjar
Checking higher timeframes for the "big picture" before entering on lower ones. Why Traders Follow Him
Gurjar’s methodology centers on a few deep features that help traders understand the behavior of market participants: