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Auction Market Theory and Market Profile

  • #6,421
  • Sep 5, 2018 4:47pm Sep 5, 2018 4:47pm
Quoting kette
{image} In the so-called Value Area, 70% of all purchases and sales occur on a trading day. The VPOC (Volume Point of Control) is the price with the highest traded volume of a day. Here you will find the market (supply and demand) in "balance". Attention: Of course, the VPOC may shift in the course of a day, when more is suddenly being traded on another price level. Therefore, it is good to have the VPOCs of the previous days also in view. So-called high volume nodes are price levels on which a lot of volume is traded. In Low Volume Nodes hardly...

So, Poc of Market Profile & VPOC of Volumen Profile, its different? wich more realaiable as point of control, or how can be used both of them
  • #6,422
  • Sep 5, 2018 4:56pm Sep 5, 2018 4:56pm
1.21a you have pocv and poc you can use both
  • #6,423
  • Sep 5, 2018 5:02pm Sep 5, 2018 5:02pm
tpo chart 1.02-6 is only poc but you can indeed look for the highest volume
  • #6,424
  • Sep 5, 2018 5:04pm Sep 5, 2018 5:04pm
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  • #6,425
  • Sep 5, 2018 5:07pm Sep 5, 2018 5:07pm
Quoting kette
1.21a you have pocv and poc you can use both
Are these ones?
Attached Image
  • #6,426
  • Sep 5, 2018 5:09pm Sep 5, 2018 5:09pm
yes
  • #6,427
  • Sep 5, 2018 5:10pm Sep 5, 2018 5:10pm
KK
  • #6,428
  • Sep 5, 2018 5:10pm Sep 5, 2018 5:10pm
1.21a is more accurate with volume poc and poc, you can act on it poc and pocv
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  • #6,429
  • Edited 8:18pm Sep 5, 2018 8:01pm | Edited 8:18pm
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  • #6,430
  • Sep 5, 2018 9:49pm Sep 5, 2018 9:49pm
Hi!
Can somebody explain to me the information that's at the bottom of the chart?
1st Row: Day
2nd Row: Date
3rd Row: Total volume in Profile

4th Row
1st number: Number of Rows in Profile
2nd number: ?
3rd Number: ?
1) What does the positive/negative number in the MIDDLE stand for? What does it represent?
2) What is the last number, which is expressed in percentages? What does it refer to?

Thank YOU
A,

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  • #6,431
  • Sep 6, 2018 5:43am Sep 6, 2018 5:43am
Quoting AttiM
Hi! Can somebody explain to me the information that's at the bottom of the chart? 1st Row: Day 2nd Row: Date 3rd Row: Total volume in Profile 4th Row 1st number: Number of Rows in Profile 2nd number: ? 3rd Number: ? 1) What does the positive/negative number in the MIDDLE stand for? What does it represent? 2) What is the last number, which is expressed in percentages? What does it refer to? Thank YOU A, {image}
I do not know, is not important for my actions and decisions
  • #6,432
  • Edited 8:12am Sep 6, 2018 6:08am | Edited 8:12am
dax delivers good signals today
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  • #6,433
  • Edited 6:52am Sep 6, 2018 6:09am | Edited 6:52am
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  • #6,434
  • Edited 8:28am Sep 6, 2018 8:12am | Edited 8:28am
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  • #6,435
  • Edited 10:08pm Sep 6, 2018 8:28am | Edited 10:08pm
Hi,

Answering my own question, in 6,430 post (just above), it looks like that the second positive/negative number (Question 1) is the price's present location relative to Open. It's the rows that are counted in the Profile. When the session closes, then the price remains fixed. If it is negative, then it is below Open, if it positive, then it is above Open. The last number (Q 2) that's expressed in percentages points at the size of the area between Open and Close relative to Profile height. The first number is the number of rows in the Profile as I said. What I am talking about is at the very bottom of the chart.

cheers
P.S.

I post the picture again for those who are interested.

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  • #6,436
  • Sep 6, 2018 8:34am Sep 6, 2018 8:34am
Attachment g
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  • #6,437
  • Edited 11:31am Sep 6, 2018 9:18am | Edited 11:31am
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  • #6,438
  • Sep 6, 2018 1:14pm Sep 6, 2018 1:14pm
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  • #6,439
  • Edited 10:37pm Sep 6, 2018 10:18pm | Edited 10:37pm
Quoting Jesse292
{quote} Are these ones? {image}
Hi Jesse292,

As far as I know, the SQUARE is where the POC used to be initially. So, when the session opens you can see only ONE square. The square splits and becomes a DIAMOND when Volume moves away from its initial place. POC is also called the fairest price level. So, by following the POC you are actually following the movement of Volume or price which bulls and bears value the most.

cheers
  • #6,440
  • Sep 6, 2018 11:43pm Sep 6, 2018 11:43pm
Quoting AttiM
{quote} Hi Jesse292, As far as I know, the SQUARE is where the POC used to be initially. So, when the session opens you can see only ONE square. The square splits and becomes a DIAMOND when Volume moves away from its initial place. POC is also called the fairest price level. So, by following the POC you are actually following the movement of Volume or price which bulls and bears value the most. cheers
I didnt know, thank you!
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