---
title: 'Weekly Profile for Daily Bias - Thursday Counter'
source: 'https://youtube.com/watch?v=uPUNOi_R9fA'
video_id: 'uPUNOi_R9fA'
date: 2026-09-20
duration_sec: 675
channel: 'TTrades'
---

# Weekly Profile for Daily Bias - Thursday Counter

> Source: [Weekly Profile for Daily Bias - Thursday Counter](https://youtube.com/watch?v=uPUNOi_R9fA)

## Summary

This video is the fifth installment in a weekly profile series, focusing on the 'Thursday Counter' weekly profile in trading. The presenter explains the setup's requirements, how to identify it on charts, and how to trade the subsequent continuation, using multiple real-world examples to illustrate both successful and failed scenarios.

### Key Points

- **Definition of Thursday Counter** [00:15] — A Thursday Counter occurs when Thursday's price action counters the range established by Monday, Tuesday, and Wednesday, which have expanded away from the weekly open without creating a significant low.
- **Confirmation via Hourly Change** [01:15] — To seek a continuation, look inside Thursday's candle for an hourly change in the state of delivery (SOD). This confirms the daily wick and allows trading the continuation on Friday.
- **Trading the Reversal Day** [02:01] — The presenter will trade the reversal day itself if Thursday has a small wick, especially when paired with S&P (SMT) off a previous day high or low, as it can set up a one-sided move.
- **Using SMT and Previous Day High** [03:36] — On the hourly timeframe, the previous day high is a point of interest. A sweep of this high or an SMT, combined with a change in SOD, confirms the reversal and provides a continuation entry.
- **Example of Failed Profile** [05:11] — Not all weekly profiles work. In one example, the expected Friday move lower did not occur; price consolidated and traded through the high. This illustrates that profiles are not 100% reliable.
- **Imperfect Setups Still Valid** [09:08] — The logic can be applied even when the setup is not perfect. For instance, if Monday forms a reversal instead of expanding, a Tuesday/Wednesday expansion followed by a Thursday counter can still be traded.
- **Intermarket Analysis** [10:10] — Using intermarket analysis (e.g., ES or NQ) can reveal that a Thursday counter is actually a continuation of a midweek reversal in another asset, providing additional confirmation for a reversal trade.

### Conclusion

The Thursday Counter is a weekly profile pattern that, when confirmed with hourly changes in state of delivery and SMT, can offer high-probability continuation trades into the weekly open or week's low. However, traders must accept that not all setups will play out as expected.

## Transcript

How's it going everyone and welcome to the fifth video in my weekly profile series.
In this video we will be talking about the Thursday Counter weekly profile and a shout out to A.M. Trades as this is who taught me this profile. So let's get into the PDF. So a Thursday Counter is when Thursday counters the weekly range.
So what do we have Monday, Tuesday, and Wednesday, or what are the requirements? Monday, Tuesday, and Wednesday expand away without creating a significant low. So here you can see Monday, Tuesday, Wednesday, they all expand away from the weekly open,
and we don't have a significant low here. Thursday then forms a candle to closure, which counters the range, and then I can look back towards the weekly open or the current peak low, and we have a large wick, which means
it is a reversal candle. And here in the bullet scenario, Monday, Tuesday, and Wednesday expand lower. Thursday counters that move. And then Friday, we look back towards that weekly open, the current high of the week, or any failures things that are resting. So how does this actually
form? Monday, Tuesday, Wednesday, trade away. Thursday counters that move. If we are seeking the continuation, what are we going to want to look inside this candle for? An hourly change in
the stated delivery. With that hourly change on the stated delivery, we've confirmed this WIC on a daily time frame, and we can seek trading candle 3 or this continuation on Friday for the move lower. And the same with the bullish scenario, Monday, Tuesday, Wednesday, expand lower, Thursday,
counter that range, we check inside Thursday's range, do we have an hourly change on the stated delivery? If we do, we can seek that continuation on Friday. Now Thursday counter is actually one of those scenarios where I will actually look to trade the reversal day. And as long as this has a
small wick, usually paired with S&P off of a previous day high or a previous day low, I will look to trade the reversal day in this scenario as it can set up for a really great one-sided move. But now that you understand what a Thursday counter weekly profile looks like, let's go
into trade view and go over a few examples of this. So here we are in our first example, and Friday what do we notice? We have a candle to closure. This is paired with an SMT. Now as I
talked about in the previous video as well as on Twitter when can I look to trade Monday when Friday forms a reversal or a candle to closure. So with this candle 3 I could look to trade Monday higher Monday we do get this move higher Do we reverse off this high No we do not form a reversal candle yet and then Tuesday we expanding higher So where are we likely to reach for this high up here What happens on Wednesday We get a continuation
into that high. So now we've had what? Monday, Tuesday, and Wednesday all expand higher or in one direction. And what have we not made? We haven't made a significant low inside this weekly
range, right? We do have a low, but that was formed on Friday. So now that we have formed In expansion, Monday, Tuesday, Wednesday, we have hit a relevant level. This is where we could get a new phase of price, right? We could look to see, is third day going to counter this range?
Now, since we had it closed on the high, generally we want to see what? Candle to closure off of this high? Or that means a sweep of previous day high or some sort of SMT. With this, we're going to go down to the hourly time frame.
And down here on the hourly time frame, we went ahead and turned on my indicator. And let's see what happens here. So you can see we have our previous day high, that will be our point of interest. We want to see this taken out or an SMT on that.
So you can see we take out the previous day high with an SMT. We have a change in the state of delivery confirming this WIC. So we could look for a continuation inside this reversal day, or you can wait for Friday
for the continuation day. So what do we get? We get a nice expansion lower. So adding the weekly candle on there. does this weekly profile tell us? We have not made an established low on Monday. You can see we have
failure swings. We expand away Monday, Tuesday, Wednesday. Thursday is now countering that range. We have a change in the stated delivery paired with an SMT. We could be looking for Friday to do what? Have a continuation day lower. Lower to where? Well, ideally the weekly open, the current
week low, or the failure swings resting below. So let's see what happens on this continuation day. So here we go into the next day, and you can see we get a continuation.
We have a previous day's low that we hit. Ideally we want to see this continue lower, and there we are into our weekly open. Now on this new week, we could be looking for a continuation into these failure savings lows, but let's rewind this one more time just to review the weekly profile.
What do we have? We have a reversal candle on the weekly. Monday, Tuesday, and Wednesday all expand higher. what do we have? Thursday counters that range, which provides the opportunity with a small wick,
or you can wait for the continuation day on Friday looking to target that weekly open and the current week's low. Let's get into another example. So here we are in our next example, and what do we notice? We have Monday right here, Tuesday, Wednesday, we all expand away from the weekly open,
Monday do we form a relevant low Not really we quite close to this low enough to consider a failure swing we also have a failure swing here So what could we be looking for we could be looking for thursday to counter the range and see if we get a continuation
lower back towards the weekly open on friday now here normally we look to target the weekly open or the intro week low does it really make sense here probably not not expecting nasdaq to hit
this amount of range in one day with our average daily range being a lot less than that so let's see what happens here ideally what are we looking for we want to see if this wick respects right so what do i mean by that do we form the wick of the daily candle in this lower half in this t spot
here so do we open do we form a high and then for a continuation we can lift to trade the lower so let's see what happens what do we do we just slowly grind up and there we go we start to get
and move lower. Let's see if we can form a continuation intraday here. We do have a nice fair value gap. Let's see what happens. Okay, we reach in this fair value gap. And what do we do? We expand through this fair value gap. So it is not respecting this area to continue lower.
It's more so consolidating. So just because a weekly profile is forming does not mean that it is going to work, right? It is not 100%. Things do fail. So let's see what happens here. We respect
this inversion and we end up trading through the high. So we don't actually get that Friday move lower. And I'm just showing this example that not all weekly profiles when they occur, it doesn't have to happen. It doesn't mean you did something wrong. It's just nothing works 100% of the time.
Let's get into another example. So here we are in our next example and we have Friday from the previous week forming a reversal and expansion candle. So we could be looking for a continuation of this move early into this next week. So Monday we get a move higher, Tuesday we also get a move
higher, and a lot of people struggle choosing a point of interest. What do we notice here? We have a fair value gap. You can just look for the daily closures in that area. Is it respected? No, so I don't really have to worry about it. Here we have another fair value gap with failure swings. So
ideally we go reach up into there if we're going to get a Thursday counter. Wednesday we reach up there we have expanded away this is in candle two three four five six so ideally thursday counter
makes sense i want to be looking for a new phase of price but ideally we run out these highs here so we can get a new phase of price so i could look to trade a reversal day or i could see what
happens right what do we do we reach up into here and we have a candle to closure and you might be saying, hey, we have a candle to closure on both sides. Why are you bearish? Well, that's what makes sense in terms of the weekly profile, right? This is where it's actually useful. Monday,
Tuesday Wednesday expands away Thursday forms a reversal I would rather trade this back into the range and try to trade it back higher on a Monday low of week So this is where we going to drop down to the hourly chart. So down here on the hourly chart, what do we have? We have that Thursday reversal,
so we could be looking for a Friday continuation. And once again, yes we have a candle too on bullish and bearish sides, but only the bearish side has an hourly change on a stated delivery, so I would not trust this low to hold. I'd be looking for this to move lower on Friday today.
So letting this play out, do we end up getting a move lower? We do get a move lower. Do we reach towards that weekly open? Yes. Do we hit it? No, we don't. Now here is an example. It's going to
be a quick one, but I want to talk about the logic of this. This logic can be applied even if things are not perfect. Now ideally we have Monday, Tuesday, and Wednesday all expand, and then Thursday counter Friday continuation. Here you can see Monday does not expand, right?
Monday just forms a reversal. Then we get a Tuesday and Wednesday continuation, and then we do get that Thursday counter, right? And then Friday continuation. The whole goal of showing this is, yes, Monday did
not expand, then Tuesday, then Wednesday, right? Monday is a reversal. We only get a Tuesday and Wednesday expansion. That doesn't mean that Thursday cannot counter the range. Here you can see it does get an expansion and a counter at the same time. But not everything's going to be perfect within
the weekly profile, but you can still use the logic of it. So here we are in our last example, and once again, this is not a perfect example. Take a look at Thursday. What do we do? Well, we don't actually take out our Wednesday high. So I would still consider this a Thursday counter,
as Thursday is countering the range. Wednesday isn't really forming that reversal there. But what do we notice? Even if you can't catch this reversal day, you can take a look at the profile. Monday, Tuesday, Wednesday, expand higher.
Thursday counters a range. That gives you bias for what? For Friday. Friday to trade in towards that weekly open, as well as the current week's low, which it does. Now, if you use intermarket analysis and take a look at, you know, ES or NQ here,
you can see that reversal was formed on Wednesday. So it's actually a Thursday continuation of the midweek reversal and if you apply that you could also be looking for a reversal on this day as the other assets reversed on Wednesday.
But with that, I hope you enjoyed this video. If you have any questions, please leave them in the comment section below and I'll try to get to them. But other than that, if you enjoyed, please like it, please subscribe, and I'll see you guys next week.
Thank you.