ib breakout: by rejection

Check out one of our founders explaining this report in the video below:

this report looks at the initial balance (IB), which is the high and low formed during the first hour of trading. it checks the order in which the IB is formed and tracks which side breaks first: the high or the low. lets take a look at some examples on es futures ny session:

looking at the example above, if there is a high chance that the initial balance low is formed first, then target the break of the initial balance high. on the flip side, if the initial balance high is formed first, then target the break of the initial balance low. entries in both scenarios are found inside the initial balance.

why initial balance breakout by rejection matters:

understanding the initial balance rejection can help you anticipate market direction after the first hour of trading. you can use this report to set trading strategies based on the initial balance rejection patterns. by knowing the likelihood of the initial breakout direction, you can better position your trades, set stop losses, and take profits effectively.