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  • #16,701
  • Aug 24, 2023 11:51pm Aug 24, 2023 11:51pm
Not good at editing
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Its all about Timing!!!
  • #16,702
  • Aug 24, 2023 11:53pm Aug 24, 2023 11:53pm
Quoting d1zzy
{quote} Thank you! How do you calculate it or find it
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File Type: ex4 VP-Range-v6.ex4   52 KB | 406 downloads

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File Type: ex4 VP-v6.ex4   51 KB | 369 downloads
Its all about Timing!!!
  • #16,703
  • Aug 24, 2023 11:58pm Aug 24, 2023 11:58pm
Quoting Murugesh29
{quote} {file} {file}
Still I dont knw how to use this , aahmad29 helped me about this..will learn quick
Its all about Timing!!!
  • #16,704
  • Aug 25, 2023 12:02am Aug 25, 2023 12:02am
XAUUSD H4 1918-1903
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Happy trading all
  • #16,705
  • Aug 25, 2023 12:24am Aug 25, 2023 12:24am
Quoting Murugesh29
{quote} Still I dont knw how to use this , aahmad29 helped me about this..will learn quick
I’ll wait for his reply on my post thanks for sharing the material though!
  • #16,706
  • Aug 25, 2023 12:25am Aug 25, 2023 12:25am
Quoting d1zzy
{quote} Noob question, but what is POC? What’s it’s significance on the market
POC is point of control. This is the most trading volume area. Different traders use this in different way. I consider POC as battle line between buyers and sellers. If daily market close above POC then it means buyers won the battle and if daily market close below POC then it means that sellers win the battle. But remember we can not just use this for trading, You need your own strategy or trading system for confirmation.
Love for all; Hatred for none.
  • #16,707
  • Aug 25, 2023 12:33am Aug 25, 2023 12:33am
Quoting d1zzy
{quote} Thank you! How do you calculate it or find it
Just to clarify POC actually stands for point of control. Point of control on a volume profile is the price where the most volume(contracts, lots, shares) were transacted. The POC on a market profile which is what me and aahmad use is called value, fair value, or fair price and this price is:

- the price that buyers and sellers agree
- the price the market is always seeking
- the price that causes a range
- the price where the market spends the most time.

Market profile uses price and time so it always shows fair value which is in the range consolidations caused by fair value(price where buyers and sellers agree). Volume profile shows actual orders and is not based on price and time so volume profile does not always show fair value which is in the range consolidations caused by fair value(price where buyers and sellers agree) .
  • #16,708
  • Aug 25, 2023 12:35am Aug 25, 2023 12:35am
Quoting aahmad29
{quote} POC is point of control. This is the most trading volume area. Different traders use this in different way. I consider POC as battle line between buyers and sellers. If daily market close above POC then it means buyers won the battle and if daily market close below POC then it means that sellers win the battle. But remember we can not just use this for trading, You need your own strategy or trading system for confirmation.
Quoting sharingan9
{quote} Just to clarify POC actually stands for point of control. Point of control on a volume profile is the price where the most volume(contracts, lots, shares) were transacted. The POC on a market profile which is what me and aahmad use is called value, fair value, or fair price and this price is: - the price that buyers and sellers agree - the price the market is always seeking - the price that causes a range - the price where the market spends the most time. Market profile uses price and time so it always shows fair value which is in the range consolidations caused by fair value(price where buyers and sellers agree). Volume profile shows actual orders and is not based on price and time so volume profile does not always show fair value which is in the range consolidations caused by fair value(price where buyers and sellers agree) .
Thank you!

This is used to confirm bias then? to give you an idea of where price is potentially headed or will return back to, I'm supposed to use this information along with my plan to confirm entries/exits
  • #16,709
  • Aug 25, 2023 12:37am Aug 25, 2023 12:37am
Quoting d1zzy
{quote} This is used to confirm bias then? to give you an idea of where price is potentially headed, I'm supposed to use this information along with my plan to confirm entries/exits
Yes, you need your system for confirmation. Sharingan9 explained in proper way and my explanation of POC was more dramatic
Love for all; Hatred for none.
  • #16,710
  • Aug 25, 2023 12:41am Aug 25, 2023 12:41am
Quoting aahmad29
{quote} Yes, you need your system for confirmation. Sharingan9 explained in proper way and my explanation of POC was more dramatic
Hahaha! Thanks again, appreciate it!
  • #16,711
  • Aug 25, 2023 12:43am Aug 25, 2023 12:43am
Quoting d1zzy
{quote} Hahaha! Thanks again, appreciate it!
No problem. We are here to help each other
Love for all; Hatred for none.
  • #16,712
  • Aug 25, 2023 12:45am Aug 25, 2023 12:45am
Quoting Murugesh29
{quote} Still I dont knw how to use this , aahmad29 helped me about this..will learn quick
I hope you read my post where I explained about POC. If you have any other question feel free to ask me.
Love for all; Hatred for none.
  • #16,713
  • Aug 25, 2023 12:50am Aug 25, 2023 12:50am
Learning material about Volume profile is available in this thread.
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Love for all; Hatred for none.
  • #16,714
  • Aug 25, 2023 12:53am Aug 25, 2023 12:53am
Quoting aahmad29
{quote} I hope you read my post where I explained about POC. If you have any other question feel free to ask me.
I Booked my Asian profit @ 1912.86 manually. I not want to face manipulation of Frankfurt and London open so I will wait for the price close below 1912 at least for short it again for my target again. I may be wrong.Trade safe
  • #16,715
  • Aug 25, 2023 12:56am Aug 25, 2023 12:56am
Quoting aahmad29
{quote} I hope you read my post where I explained about POC. If you have any other question feel free to ask me.
You are best!no doubt's
Its all about Timing!!!
  • #16,716
  • Aug 25, 2023 12:58am Aug 25, 2023 12:58am
Quoting parveenverma
{quote} I Booked my Asian profit @ 1912.86 manually. I not want to face manipulation of Frankfurt and London open so I will wait for the price close below 1912 at least for short it again for my target again. I may be wrong.Trade safe
What's your target for your next short if you don't mind me asking. I'm still holding my short from 2 days ago average 96.50
  • #16,717
  • Aug 25, 2023 1:08am Aug 25, 2023 1:08am
Quoting parveenverma
{quote} I Booked my Asian profit @ 1912.86 manually. I not want to face manipulation of Frankfurt and London open so I will wait for the price close below 1912 at least for short it again for my target again. I may be wrong.Trade safe
Exactly i was thinking in same way. 1912 is becoming strong support but there is untested level so lets see what LO brings on table.
Love for all; Hatred for none.
  • #16,718
  • Aug 25, 2023 1:09am Aug 25, 2023 1:09am
Quoting d1zzy
{quote} What's your target for your next short if you don't mind me asking. I'm still holding my short from 2 days ago average 96.50
As per my chart this price drop can be possible up to 1903-04 area maximum then upward movement can start again as I mentioned in my yesterday's posts. Actually My Hourly and 4H chart has provide me the trend change signal So for short term bias price can target 1932,1945 or 1958.If price reach to my target I will stay there and observe the price action again for my next move because this market is very funky and can change its bias anytime.I may be wrong.Trade safe
  • #16,719
  • Aug 25, 2023 1:20am Aug 25, 2023 1:20am
Quoting parveenverma
{quote} As per my chart this price drop can be possible up to 1903-04 area maximum then upward movement can start again as I mentioned in my yesterday's posts. Actually My Hourly and 4H chart has provide me the trend change signal So for short term bias price can target 1932,1945 or 1958.If price reach to my target I will stay there and observe the price action again for my next move because this market is very funky and can change its bias anytime.I may be wrong.Trade safe
Funky Market indeed! appreciate all the insights so very much, but today I'm gonna be the Loco one here to say let's go to 1904-1901, break it/disrespect it, and drop to 1892, break that too, and then test 1885 again crazy right?
"Who Dares Wins"
  • #16,720
  • Aug 25, 2023 1:27am Aug 25, 2023 1:27am
Quoting Ravenfeeder
{quote} Funky Market indeed! appreciate all the insights so very much, but today I'm gonna be the Loco one here to say let's go to 1904-1901, break it/disrespect it, and drop to 1892, break that too, and then test 1885 again crazy right?
You and me, we both crazy then 85.50 is my tp lmao
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