Original subtitles

There is a lot of theory written in market profile about the different types

days based on the shape of the profile.

The truth is that identifying the shape of such profiles to determine what type

of day we have had may be valid for the human mind from the point of view that

we always want to control everything and need to look for a logic to every

behavior. But from an operational point of view, it does not seem to be a very

useful approach since the categorization is done by an a posteriori analysis.

Furthermore, Over time, it has been shown that it is not possible to

consistently predict what type of day we are most likely to have based solely on

the previous day's categorization.

Steidlmayr himself recognized this over time.

Not surprisingly, it is impossible to know what the shape of the current

profile will be until the session has ended.

Therefore, for the purpose of this course, we will mainly use three types

profiles depending on the price action we observe on the chart.

These profiles will serve us not to predict what kind of day we are likely

have, but to know the context and the sentiment of the market, which will

us to raise more solid scenarios.