Learn the Initial Volume Breakout strategy for NASDAQ trading. Watch for a clean breakout candle in the first 15-30 minutes with high volume and order-flow confirmation, then set your stop-loss below the tested level and use fixed risk-to-reward ratios like 1:2 or 1:3.
If you are a beginner at order flow, this is the best strategy you can use to start. It's called the IVB or initial volume breakout. Here's how it works in 30 seconds. First you need to be on the NASDAQ or the yes and take the first 15 to 30 minutes candle of the session. This is what you call initial balance. Second, you wait for a breakout and be careful because here's where people fall it up and lose money. You need a breakout with a full candle, no big wicks and with high volume and big trades from smart money. But all of this, it's useless if you don't know where to place a stop loss and a take profit. So you wait for a test and wait from an order flow confirmation. It can be absorption, it can be exhaustion, it can be momentum. So you can cover with your stop loss below the area and boost your risk to reward. For the target. You can aim for a fixed risk to reward. 1, 2, 3, 1, 24 1, 2, 5. But I have a even better option. You open deep charts and you add deep ivb. And not only this will automatically plot the initial balance, but also give you statistically what are the best areas to put your trades at break even at a protection level, what is the average best take profit of breaking over the average of the last 2000 sessions. And if you feel aggressive also the standard deviations follow for more value or comment IVB to access this model on DeepCharts.
