Reading the Point of Control (POC)
The single price level where the most volume traded in a session. Why the POC is the gravitational center of the day — and what a migrating POC means.
The Point of Control is the price with the highest traded volume in your chosen period. On a daily profile it is the day's center of gravity — the price the market most agreed was fair while the session was running.
A static POC means the market spent the day rotating around fair value. A migrating POC — one that drifts higher or lower as the session progresses — means fair value itself is shifting, and that's typically the higher-conviction read.
Yesterday's POC matters as much as today's. Markets remember where business got done. When price returns to a prior POC, expect either acceptance (rotation begins again) or sharp rejection (trend day in the opposite direction).
I can show you the geometry of POC migration on a chart, but the part that actually makes you money — how to size around it, when to fade it, when to chase — is inside the full course.