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Pointofcontrol

Showcase of the Power of Market Profile AnalysisMarket Profile analysis is a powerful tool for traders and investors alike to analyze price movements in financial markets. The method is based on the concept that price moves in a predictable way, forming patterns that can be observed and analyzed. The Market Profile chart is a visual representation (not shown here) of market activity, displaying the distribution of price over time. The chart is divided into horizontal sections, each representing a price level. The length of the bar indicates the duration of time during which trades occurred at that price level. The Market Profile chart can be used to identify areas of price support and resistance, as well as areas of high and low volume. The three key components of the Market Profile chart are the Point of Control (POC), the Value Area, and the Single Prints. The Point of Control (POC) is the price level at which the highest volume of trades occurred during the period under analysis. It represents the most actively traded price level during that time frame, and is often seen as a key support or resistance level. The Value Area is the range of price levels that contain a specified percentage of the total trading volume during the period under analysis. The Value Area can be used to identify areas of price support and resistance, as well as potential trading opportunities. Single Prints are price levels where trading activity occurred but did not overlap with any other price levels during the period under analysis. These are areas where price discovery occurred, and can be used to identify areas of potential price support or resistance. By analyzing the Market Profile chart, traders can gain a deeper understanding of market dynamics and make more informed trading decisions. The chart can be used to identify areas of price support and resistance, as well as potential trading opportunities based on the volume and duration of trading activity at specific price levels. Between end of Dec 2022 and end of Jan 2023, the price of the S&P 500 index (SPX) showed major reactions to the price levels drawn by using Market Profile analysis that was done in Oct 2022 . This is a prime example of the power of this trading method. By identifying key levels of support and resistance, traders were able to make more informed trading decisions and take advantage of market opportunities. In conclusion, Market Profile analysis is a powerful tool for traders and investors who want to gain a deeper understanding of market dynamics and make more informed trading decisions. By analyzing the distribution of price and volume over time, traders can identify key levels of support and resistance, and take advantage of market opportunities. The example of the S&P 500 index (SPX) in October of last year showcases the power of this trading method, and demonstrates how it can be used to make profitable trades in a dynamic and ever-changing market.
OANDA:SPX500USDEducation
by PtGambler
NQ1!: VOLATILITY CYCLES / POINT OF CONTROL / OVER SUPPLY / MACRODESCRIPTION: In the chart above I have provided a MACRO analysis on NQ1! which runs a similarly distinctive path to SPY, SPX, & ES1!. This chart is designed to create a clear separation between periods of volatility and shift in momentum. Each cycle beings and ends in the given order of OVERSOLD to OVERBOUGHT to OVERSOLD. POINTS: 1. Deviation of 900 Points per Supply & Demand Channels. Deviation of 1,000 Points between Supply & Demand Pockets. 2. Current Cycle END was predicted by taking the average of past 4 cycles which results in a MEAN VALUE of 78 BARS. 3. Green Vertical Lines: Beginning of Bear Market & upcoming end of following cycle. 4. Orange Vertical Lines: Represent flip in MACD trajectory and overall shift in Pice Action Momentum. 5. ARCS represent OVERSUPPLY Price Action Momentum where price action lacks consolidation and is making brief REACH OUT of past Supply & Demand Pocket. IMPORTANT: Current POINT OF CONTROL stands at 11,700 in relation to current Supply & Demand Pocket. MACD: MACD EMA flips on the DAILY timeframe are indicative of a shift in in momentum. RSI: A common RSI level of 35 is reached throughout every cycle which is indicative of an upcoming shift in trend. SCENARIO #1: In a BULLISH scenario price action must find support at 11,700 with either a strong bounce from bottom of DEMAND ZONE OR SIDEWAYS CONSOLIDATION at the very least. SCENARIO #2: In a BEARISH scenario price action breaks past 11,700 to the downside and further continues downward momentum to 10,700 which would be the SPY LEVEL EQUIVALENT of 360. FULL CHART LINK: www.tradingview.com CME_MINI:NQ1!
CME_MINI:NQ1!Short
by DGSTBROKERACC
How to trade using Value Areas and POC?A few key concepts when using Market Profile in your trading: 1) Point of Control (POC) acts as price magnets, as they represent the price level where most time was spent during a trading day. Price tends to gravitate towards them. 2) Naked (Not visited) POC acts as stronger magnets than visited POCs. 3) When price enters / breaks into a Value Area, which represents a range of "fair value", price tends to visit the other end of the Value Area. For example above, the price breaks up from the Value Area Low before end of day yesterday, hit the Value Area High this morning. You definitely won't find these key levels and ranges with traditional support and resistance lines drawing methods. Using Market Profile will give you the edge to become a better trader. See my previous 2 posts:
OANDA:SPX500USDEducation
by PtGambler
2
SPX hitting huge excess area, which way will it go next?As you can see, the price is sitting in a large excess range, trying to push higher with the bullish momentum since the opening. Looks like it is feeling lots of selling pressure. But if we can break up and into the higher naked value area, there is great opportunity for a bull run to the value area high. Otherwise, we might go back to the value area from yesterday's price action. What's your take?? Will we go up or down?
SP:SPX
by PtGambler
BTCUSDT Swing Short Targets 20900, 20200, Naked POCsSwing shorts to 20900 and 20200 are a very good bet. These are NPOCs from July 5, 6, and 7. It is rare when the price does not return to a previous POCs, so they are very good targets. POCs from HTFs (higher timeframes) are especially good targets because the higher time means more volume during that time period than LTFs (lower time frames) The volume at a POC is too significant for traders to not bring the price back to it. Until the price the returns to that POC, the POC is naked. On Bybit's BTCUSDT perp market, the daily POCs from July 5, 6, and 7 are naked on a 1 tick bid/ask profile chart. The POCs are 20900 : July 7 20200: July 5 AND July 6 POCs (naked and virgin) POCs are points of control. They are prices that had the highest volume during a time period. The high volume at that price means traders are strongly motivated to bring the price back to that POC value. After a time period has closed, until the price returns to the POC of that period, in the jargon of order flow trading, the POC is called a naked or a virgin POC.
Short
by UnknownUnicorn17032407
Rejected! Next Stop Point Of Control!When taking a look at the S&P500 on the Daily TF, we can see that there was a clear rejection from the Volume area high (Blueish line above). The next stop will be the point of control (Red line). Most of the market does follow this chart so before you short, double-check their chart. Every day the charts provide new information. You have to adjust or get REKT. Love it or hate it, hit that thumbs up and share your thoughts below! Don't trade with what you're not willing to lose. Safe Trading, Calculate Your Risk/Reward & Collect! This is not financial advice. This is for educational purposes only.
SP:SPXShort
by rnaofs
GBPUSD - Buy Compression 🚨This should be very obvious compression to you. Price may give an initial lure but long term sells aren't ready until we get a strong liquidity grab into the supply zones above. I will be searching for buys to join banks for when they decide to complete compression. The daily and weekly POC are very close to each other, this zone had the most volume because it was full of sellers trying to use the area as resistance. If price pulls back and uses this area as a fresh demand, I will be going long. I will keep you updated all day.
Long
by AlkalineFX
18