Lesson / WY-A-1
Point of Control (POC), also called VPOC when emphasizing volume, answers a tightly defined question: which bin has the greatest cumulative volume for the chosen sample, sessions, and binning? Find the maximum V_j, then define the set of maximizing indices: J_POC={j | V_j=max_k(V_k)}. It uses total volume per bin without distinguishing aggressive side or whether traders still hold positions. POC marks the sample's most concentrated trading location, useful for observing whether a return restores two-way trading or produces rapid departure. Most volume does not itself mean dominant demand or guaranteed support/resistance.
Course content is for learning and research only. It is not investment advice.
Read the Chapter ↗Timestamps
6 lessons · Chapter contents
01I. Understanding Trade Location Through the Auction Process↗02II. Sample Scope and Calculation Methods↗03III. Calculating POC, Value Area, and Nodes↗04IV. Profile Shape Describes Results Only↗05V. Integrating Profile with Wyckoff Structure↗06VI. Four Common Trading Scenarios↗Observe the market: start with context and place price within its structure.
Understand structure: compare supply and demand, and let evidence support or revise your hypothesis.
Form a view: define risk limits and know when to reassess.
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