[Dogpile]

I think of trend days as a day where no price is 'accepted' by both buyers and sellers -- that is, any day that has a 'fat' profile is not a trend day...

I use 6-7 TPO's as measure of acceptance. by this measure, 15% is too high. by your measure, 15% may indeed by consistent over time. I just don't know what your definition of a trend day is so 15% does not have much trading application to me. Are you saying that the market builds 8 TPO's at a given price 85% of the time? Doesn't sound right and might not be what you are saying. I am trying to combine your previous post with this one. Maybe you can elaborate what the 15% number means in terms of a trading strategy application??