Definition of 'Naked Point of Control (NPOC)'
Naked POC is a Market Profile term. POC - Point of Control - is the price at which most trade occurred in a given trading session.
A Naked POC is is a POC from a previous day that price has not returned to on any of the following days. Sooner or later NPOCs are tested much like "Gaps" are sooner or later filled. NPOCs act very much like magnets drawing price to them. That is why most days the POC of the previous day is visited.
A Naked Point of Control is the same as a Virgin Point of Control (VPOC).
We are not registered or licensed in any jurisdiction whatsoever to provide investing advice or anything of an advisory or consultancy nature.
and are therefore are unqualified to give investment recommendations.
Always do your own research and consult with a licensed investment professional before investing.
This communication is never to be used as the basis of making investment decisions, and it is for entertainment purposes only.
Naked POC is a Market Profile term. POC - Point of Control - is the price at which most trade occurred in a given trading session.
A Naked POC is is a POC from a previous day that price has not returned to on any of the following days. Sooner or later NPOCs are tested much like "Gaps" are sooner or later filled. NPOCs act very much like magnets drawing price to them. That is why most days the POC of the previous day is visited.
A Naked Point of Control is the same as a Virgin Point of Control (VPOC).
We are not registered or licensed in any jurisdiction whatsoever to provide investing advice or anything of an advisory or consultancy nature.
and are therefore are unqualified to give investment recommendations.
Always do your own research and consult with a licensed investment professional before investing.
This communication is never to be used as the basis of making investment decisions, and it is for entertainment purposes only.
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