No Inquiries as to how to anticipate a possible breakout?
The answer to that question is simply (the end of the IB period)
Institutional algos activated by time of day, look for this opportunity to
trap volume. With all the resting orders under the trading range, it is
relatively easy to wait, until enough orders show up on the books, then
at the end of the IB, break to the downside (in this case)
Good luck
The answer to that question is simply (the end of the IB period)
Institutional algos activated by time of day, look for this opportunity to
trap volume. With all the resting orders under the trading range, it is
relatively easy to wait, until enough orders show up on the books, then
at the end of the IB, break to the downside (in this case)
Good luck
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