7 Comments
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Gtr dds's avatar

You are goated!

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Frankytrade's avatar

GOAT!

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Gamma's avatar

Just another day of market getting back within Smash's weekly extremes. I've seen it all.

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Niko's avatar

hi Smash thanks as always. Can you remind me how you define Initial Balance? thanks

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Smashelito's avatar

Initial Balance is the range established during the first hour of the regular trading session, covering the A and B periods on a Market Profile (TPO) chart. This range is always highlighted by a white vertical line along the daily profiles on my chart.

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Niko's avatar

Perfect, thank you. I usually look at the Opening Range for 30 mins in stocks, but IB is probably more relevant for futes

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Citrine's avatar

Thank you very much!

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