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TPO

Time Price Opportunity: Instead of using bars or candles with an Open, High, Low, and Close price, each "bar" in a Market Profile[MP: is an intra-day charting technique (price vertical, time/activity horizontal) devised by J. Peter Steidlmayer, a trader at the Chicago Board of Trade (CBOT)] is represented by putting a letter against the price that the market traded at during that time interval - usually 30 minutes per interval or "bracket" as it is called in Market Profile terminology.


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