Inner Circle Video Series Webinar 1 – POC
POC is an overlooked tool by many traders, but it reveals a lot about the market. Look for POC at certain locations at extremes of bars when a move has been made.
If longer term money is involved in a move then it is probably more serious and you will see POC migrating up in a move up as POC acts as support or POC migrating lower in a move down as POC acts as resistance.
This wave like action, with the POC moving up and up is often a sign of institutional activity.
If longer term money is involved in a move then it is probably more serious and you will see POC migrating up in a move up as POC acts as support or POC migrating lower in a move down as POC acts as resistance.
This wave like action, with the POC moving up and up is often a sign of institutional activity.
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