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What is IB30 / IS30?

Initiative Buying or Selling seen within the 30-minute period, strong signal of directional conviction.

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What is IB30 / IS30?

Initiative Buying or Selling seen within the 30-minute period, strong signal of directional conviction.

Initiative Buying or Selling is referred to as IB and IS. When it happens within a 30 minute window or timeframe it is called an IB30 or an IS30. If happens in a 3 minute time frame it is called an IB3 or IS3 or an IB5 or IS5. The IB and IS provides strong evidence of directional conviction. These moves typically show aggressive participation from seasoned traders of the markets and often predict further extension in the same direction. Look for strong volume and COT to confirm genuine initiative activity.

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