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NAKED POC (Naked
Point of Control)
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terms used: POC=
Pont of Control
Naked POC = is a POC from a previous day that price has not returned to on any
of the following days.
This is a price histogram (old version) chart by Ensign
Software. I use it with 30 minute price bars overlay on top of the
histogram, This produces POC, VAH, VAL, Naked POC's, Initial Balance,
Singles, etc. which calculates and displays the same as Market Profile
charts. It does not display the letters. I prefer no letters and
candlesticks instead. I am used to it this way and better visualize and
see the past price action and direction how the market traded. I have read
that POC's are filled the next day +80% of the time
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