POC ... we see a lot of oontracts rotating few ticks around the POC before moving on.
What is the happening there? I mean we know institutions are accumulating their position, but what I was wondering is if we we have few institutions and brokers how do they ID those positions and work on accumulating there position. It can't me on institutions moving it few ticks past POC and then closing postions and head the other why. Is there any video or anyone nows the thinking behind POC and how institutions are working around it?
Thx gents
let me add..
the Value area builds few ticks around the POC, we know institutions hide and build their positions in VA
But if we have few institutions, how do they know how to execute or accumulate at those ranges or locations.