Trading desk: advanced order flow
Module 04 · 4 · Auction theory and volume profileLesson 13 of 289 min🔒 Students only
Profiles and day types
Recognizing the shape of the day drives your whole tactic. Five silhouettes to know.
Classify it early
The shape can be guessed in the first hour, rarely before, never with certainty:
- Open outside yesterday's range, first rotation truncated, POC moving away from the opening price: trend day likely.
- Open inside the value area, symmetrical rotations around the VWAP: range day likely.
- A violent impulse in the first thirty minutes, then dead calm: P or b in formation, depending on the direction.
And adapt: a trend day is respected, a range day is faded. The most expensive thing is not getting the shape wrong, it is not changing your mind when the shape changes.
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