Trend Day

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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.

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