hard · Volume Profile Analysis
A trader identifies a 'Poor High' on the E-mini Nasdaq (NQ) at 20,540.50, where three TPO periods converged at the same price without rejection.
If the next session opens at 20,520 and rallies toward 20,540, what is the most high-probability mechanical trade according to Auction Market Theory?
- Wait for a Naked POC fill below, as poor highs act as magnets for mean reversion.
- Position for a breakout, as poor highs represent incomplete auctions likely to be breached.
- Fade the 20,540 level, as it has established a firm resistance ceiling.
- Enter long immediately at the open, as poor highs guarantee a trend day.
Sign up free to see the explanation and track your rank →
More Volume Profile Analysis practice
- If today's Value Area High (VAH) is $1.0820 and tomorrow's Value Area Low (VAL) is establi
- According to the daily open framework, what is the bias?
- If price is currently trading at $5,640 and the session Point of Control is at $5,615, wha
- A session is trending higher. A consolidation forms mid-day… — What does this skew imply?
- A session on AUD/USD has a Value Area of $0.6650 to $0.6680. The following session's Value
- According to auction market principles, what is the most likely outcome?
- On USD/JPY, Session 1 Value Area is $151.20 to 151.80. Session 2 Value Area is $151.30 to
- Comparing two sessions on Brent Crude: Day 1 VAH is $82.50, VAL is 81.20. Day 2 VAH is $81