An auction in “balance” is an auction at rest. The next move is preparing to come and it will initiate from this zone. First, you need to be able to identify these balanced areas and then know what to look for when they begin to break so that you can join the move.
One of the anchor playbook set-ups we encourage developing traders to look for is called an IB EXT FADE (initial balance extension fade). This is means we wait …
