Euro / Australian DollarEducation
Volume Profile (Point Of Control) #1
POC (Point Of Control) line
POC= Point Of Control (place where most volumes got traded)
POC= Place where institutions were accumulating their positions the most.
Significant reference point for market participants
Most important place in any Volume Profile (no matter the time frame and shape)
Volume Profile is thickest there
Big Banks and Hedges can not hide their FOOTPRINTS of what price they are accumulating positions at with the Volume Profile.
Keep trading Easy- one way is by using a Volume profile. IF you have pro or premium level here at Trading view- try it with naked charts (nothing on them except the volume profile)- four choices in indicator settings.
I like under volume profile either the fixed and/or session ones- but experiment and do some back testing- might change way you trade.
POC= Point Of Control (place where most volumes got traded)
POC= Place where institutions were accumulating their positions the most.
Significant reference point for market participants
Most important place in any Volume Profile (no matter the time frame and shape)
Volume Profile is thickest there
Big Banks and Hedges can not hide their FOOTPRINTS of what price they are accumulating positions at with the Volume Profile.
Keep trading Easy- one way is by using a Volume profile. IF you have pro or premium level here at Trading view- try it with naked charts (nothing on them except the volume profile)- four choices in indicator settings.
I like under volume profile either the fixed and/or session ones- but experiment and do some back testing- might change way you trade.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.