medium · Volume Profile Analysis trading-strategies
An intraday trader enters a long position at $1.2650 with a target of $1.2690. A review of the last 10 sessions shows a 'Naked POC' at $1.2683.
Based on the concept of 'naked POC decay' and magnetic pull, what is the most disciplined target adjustment?
- Extend the target to $1.2700, since strong momentum should blow past the naked POC.
- Hold the target at $1.2690 because naked POCs over three days lose all pull.
- Trail the stop-loss to $1.2680 to lock in profit near the POC.
- Book 50% of the position at $1.2683 and move the stop to break-even.
Sign up free to see the explanation and track your rank →
More Volume Profile Analysis trading-strategies practice
- Where is the most logical place for your protective stop-loss?
- What is the most defensible stop-loss placement for a short entry based on this rejection?
- How should a trader manage counter-trend resistance levels in this environment?
- If the first target is an HVN at $1.37500, what is the Reward-to-Risk (R:R) ratio of this
- What is the primary risk of using a 'fade' strategy at the VAH or VAL during a balanced se
- From a profile structure perspective, where is the most logical location to trail the stop
- What does the relationship between the session POC (5,602) and the prior-day POC (5,610) i
- A price probe at $1.3615 is followed by a sharp retreat, lea… — How should this 'Failed Au