Tuesday: Yesterday, we talked about how a day could be divided into time periods, each with its own set of trade strategies. But there is also three ways to classify the day's behavior as a whole, three day type models. Valhalla Futures refers to one of these types of days as the Persistent Trend, which behaves exactly as its named Another day model is the Test-and-Reject, which is characterized by a very convincing head-fake in the wrong direction. And the last we call a Split Opening, which trades in both directions for a good part of the trading day. Obviously, if you knew which model the day was going to follow, not only would you know when and if to get out, you'd have a pretty good idea whether or not the day was even going provide enough opportunity to trade at all. Today, there was a very important event within the first few minutes of trading that signalled just such a Split Opening day. Had you seen the signal and predicted to a friend what the character of the day would be, he might think you psychic. But in truth, you wouldn't have been. You simply would have been better informed. Come to class at Pivots, Patterns and Self Recognition and learn these and many of the other signs of a well informed trader.