Trend Day

Search Dictionary

Definition of 'Trend Day'

This is one of the Market Profile Day Types. The following criteria must be met for this day type:

  • When the range extension is considerably more than double the initial balance area, you have what Steidlmayer calls a "trend" day.
  • The market moves in one direction and closes on the directional extreme. The longer-term trader is in control. The market is moving directionally in search of a fair price.



Do you have a trading or investing definition for our dictionary? Click the Create Definition link to add your own definition. You will earn 150 bonus reputation points for each definition that is accepted.

Is this definition wrong? Let us know by posting to the forum and we will correct it.