(8-1) Type of days

– Normal day, where the market stays within a tight consolidation and it doesn’t extend out of
the first hour
– Normal variation day, where the market will move out of the range at the beginning of the
day and for a large part of the day extend the range. Ex: Asia will consolidate With a move out
with London following moving higher to put a peak formation in for the high of the day or
session with the u.s session coming back to take out that high and come back down later to
the low of the day
– Neutral day, where the market may extend out to one side outside the 12 candle window,
pushing the high/ low and then work it’s way to the other side but stay relatively around that
12 candle window
– Non trend day, typically speaking for the narrow range day ( day 0 )
– Trend day, where the markets breakers out and trends through out the day
– Double distribution day, where we see the market move very strongly right from the
beginning of the day/session in one direction, will often see that coming off the low/high of
week