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Did anyone else read PoC as point of control? The IT seems to be draining out of my immediate mindset. edit: added link to what I thought PoC was in this conte
by module0000 9y ago
Did anyone else read PoC as point of control? The IT seems to be draining out of my immediate mindset.
edit: added link to what I thought PoC was in this context: https://marketdelta.com/how-to-plot-and-trade-naked-pocs-point-of-control/ https://marketdelta.com/how-to-plot-and-trade-naked-pocs-poi...
- loopbit 9y ago"Trade naked PoCs"... Not sure exactly what it is but it sounds dirty. ;)
- module0000 9y agoNaked PoC's mean that if there was a particular price in a stock/future/whatever that had more volume done at it than any other price for the day...it's "naked" the next day until the price returns to it. EG... if today APPL traded at $105 for more shares than any other price, and tomorrow the price is $106, we would say the naked PoC is $105 until it was revisited.