Prominent POC

Prominent Point of Control. This is a point of control level measured by time and not volume which is very wide relative to other areas of the distribution. It is a price level where every single (or almost every) TPO period traded.

Prominent POCs are important as they have greater odds of being tested in subsequent sessions than less prominent POC levels.

When measuring the POC by time and not volume, note that there can be a number of levels that are the same width. In the snapshot above, the green line of TPO’s is where the most volume traded in the session. This is a good level to use as the prominent POC, keeping in mind that any of the wide areas can be turning points.

If you look closely at the graphic, you can see the in the circled area, every TPO period (from B to O) is represented.