Sunil Gurjar , the founder of Chartmojo , focuses on a "pure price" approach that eliminates reliance on complex technical indicators like RSI or MACD. His methodology centers on understanding market psychology through price movement and volume alone to time entries and exits.
2. Sunil Gurjar’s Foundation: The Simplified Trading Strategy
, focuses on understanding market psychology and the narrative told by the price itself.
Gurjar often advocates for "naked charts," which means trading without indicators. By removing moving averages and oscillators, the trader is forced to look at the raw candlestick formations—pin bars, engulfing patterns, and inside bars—to understand buyer/seller behavior. B. Understanding Support and Resistance price action trading sunil gurjar
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The appeal of Sunil Gurjar’s price action trading lies in its cleanliness. By removing the noise of oscillators and news headlines, traders can focus on what actually matters: the interaction between buyers and sellers.
Price movements represent the collective emotions of traders. Sunil Gurjar , the founder of Chartmojo ,
Indicators are derived from price; therefore, they lag behind. Price action is live.
: Price patterns, such as pin bars and engulfing bars, are viewed as reflections of the underlying battle between buyers and sellers.
While most traders know what a "Hammer" or "Doji" is, Sunil teaches traders to look beyond the names and understand the story behind the candle. Indicators are derived from price
: He advocates for clean charts with little to no reliance on lagging indicators like RSI or MACD. Foundational Tools : Traders should focus on support and resistance market structure (trends), and candlestick patterns Timeframes
His philosophy is grounded in simplicity: His teaching style breaks down complex market psychology into easy-to-understand patterns, making technical analysis accessible to everyone from students to working professionals.
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