Being able to identify trend days can be a big plus. Often I only want to take trades in the trend day direction. If the trend day reverses, I'll miss a trade until I recognise it. I may also stay in a trade longer and hold back my second and third scales. Trading Flo with trades authorised in only one direction is also possible.
How to recognise the trend day is easier with MarketProfile. Usually there is little or no rotation, TPOs are only 2 or 3 wide, and there are single prints and zippers.
Without MP, I rely on the long CCI. I can also change my setting from 45 to triple that:135 to see the trend in choppier markets. The EMAs are also a clue when they remain the same colour.
Today's ES was not a trend day but there was a trade of the day I want to share in the vid.
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