WickCheck / Trading school / Point of control
Point of controlPOCIntermediate
The price with the most volume (or time) in a volume profile.
What it means
The previous day's POC is a popular magnet and reaction level for the next session.
How to spot it
- The longest bar in the profile.
Common mistakes
- Expecting an exact bounce at the POC every time.
Related terms
Volume profileA sideways histogram showing how much traded at each price.…Value areaThe price range holding about 70% of a session's volume, with a high (VAH) and l…EquilibriumThe 50% level of a dealing range, the line between premium and discount.…
Why most strategies need a human behind the screen
Read the lessonWhat a mechanical test can and cannot tell you about smart money concepts.
Education only, not financial advice. Definitions vary between teachers; these are ours, written for clarity.