Day types (1): from inertia to balance

Market Profile — Lesson 5 of 12

Each day is shaped by the degree of confidence of the other timeframe and the form of its entry, and by the width of the base. Dalton classified days into six types graded by conviction; in this lesson we study the least convinced.

Three types graded by confidence: an inert nontrend day, then a balanced normal day with two tails, then a normal variation day whose range extends on one side. Illustrative diagram — not real prices.

The nontrend day

05 — Lesson 5 of 12

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