Initial Balance Trading: The IB High/Low Statistics Every ES Trader Should Know
Battle Plan · SITREP Report · Free Course · Trading Library Become A Member The first hour draws two lines on the chart. The data on what price does with them is uncanny… and tradeable. From the free MicrosTrader Trading Library … 140 lessons mined from 1,042 live ES and MES futures sessions taught since 2018. The Initial Balance is the first hour's range. It's the swing high and swing low ES E-mini futures carves out in the opening hour of the RTH session, 9:30 to 10:30 Eastern. That's it. The IB high and the IB low. Two lines, drawn by the market before most of the day's story is written. Simple to draw. Loaded with edge. George has run the numbers on the first hour range for years and hands you the statistics straight… how often one side breaks, how often both break, which side breaks more, and how big the range tends to be. Know the odds and you stop guessing at the open. “"The IB high and low is nothing more than the first hour high and l...