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GoldBands

April 1, 2021 - Opening Range-Initial Balance Trading the NQ

Education
NASDAQ 100 E-mini Futures (CME_MINI:NQ1!)  
GoldBands  
CME_MINI:NQ1!   NASDAQ 100 E-mini Futures
Support and Resistance Volume openingrange initialbalance marketprofile
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supportandresistance volumestudies openingrange initialbalance marketprofile
In this video I will show you how I took a very common setup with the OR/IB indicators. The setup is to fade the first touch of the IB range, after the range has been set. As you can see, price rejected at the IB high and came down to tag the Overnight High (the magenta line).

This trade netted about 50 points on the NQ.
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