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Market Profile Initial Balance Breakout or Fakeout?

Earl Christian

Market Profile traders rely on the 'Initial Balance' (the price range of the first 30–60 minutes) to set the day's bias. Yet in modern Forex, algorithms routinely sweep the Initial Balance high by 5 pips to trigger breakout buys before driving price to the opposite low. Do you trade the Initial Balance breakout or fade it?

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  • Earl ChristianOP

    Does a breakout past the First 30-Minute High signal the day's trend, or is it an institutional trap?

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