5 Signs Of A Trend Day - Market Profile & Footprint Chart Trading | Axia Futures

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What are the defining characteristics of a trend day? Brannigan shares a story about how early on in his trading career he used to consistently lose money on trend days, but the experience ultimately forced him to develop a set of rules and characteristics to recognise and profit from them.
These main characteristics of a trend day are:
1. Volume & volatility. When and where it occurs is important.
2. Delta. This shows the net interaction between buyers and sellers and should accumulate in the direction of the trend at points of continuation.
3. How price responds. Is the market grinding, swinging or directional?
4. The market leaves low volume areas where trade is unable to be facilitated. For example, if the market is moving higher and leaves a low volume area, those prices are deemed to have been at a discount by the buyers.
5. The nature of price overlap - the degree to which prices overlap is important in defining what might occur next in how the market progresses its move.
Brannigan uses an example in EURUSD Futures on 21 September 2018, and notes that how you execute once recognising a trend day will depend on the defining characteristics present in the market.
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[@AndywayVideos]

One of the most important subjects for any day trader! Real life talk here. so many times I wish I had stopped trying to fade a trend day... and just understand its a trend day maybe at a more advanced level, learn how to join it... correctly... anyway good life lessons here today.

[@thekillers0]

nice learn thanx brenan

[@LIBRA6534]

Gracias.

[@danielxavier2701]

Delta has been around since 2004-5 in Linnsoft IRT and Market Delta.

[@kazmi977]

MEANS BUYER AND SELLERS INTERACTION QUALITY AND INCREASING DELTA AND VOLUME IS A REAL KEY ON A SUPPORT AND RESISTANCE .

[@ZzzFreeZzz]

Hey just starting my Market Profile education. Great insight in regards to being able to read Volatility by the range/size of TPO. Also an eye opener in regards to low volume areas and significance. Thanks.

[@AxiaFutures]

Hey Bref, thanks! Yes combining profile identifiers adds a powerful element when developing your trade strategies. If you're just starting your education in market profiling, it's definitely worth checking out our profiling course where you're taught 11 complete strategies. Here's the link to see if it's a fit for you: axiafutures.com/course/the-art-of-market-profiling/?af_id=6

[@Debjit625]

Is there any other video in your channel for range bound markets like this video if yes can you/anybody share the link and Thanks for these contents :)

[@nickk9499]

Hello.. I am also just starting my market profile education and found the came across order flow at the same time.. so is it normal for professional traders to use market profile and order flow at the same time to make better decisions ? they seem to work well together