hard · Volume Profile Analysis trading-strategies
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 trading-strategies practice
- Where is the most logical place for your protective stop-loss?
- Based on the concept of 'naked POC decay' and magnetic pull, what is the most disciplined
- 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
- A trader identifies a rejection setup on EUR/USD. Price touc… — How should this trade be s
- A price probe at $1.3615 is followed by a sharp retreat, lea… — How should this 'Failed Au
- A trader views a 'b' shaped Volume Profile where the volume… — Which sequence of events mo