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ongej
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The recorded version of this webinar can be found here: MarketDelta's Library Its under ElectronicLocal pt1 and pt2.
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Just to add one thing here, its useful to note the differences between VWAP and volume poc, they can coincide, but are not the same mathematically. vwap is essentially the mean of the volume distribution. The vpoc is the mode, which is the highest bin in the volume histogram or most frequent volume. In a biased distribution, or non-gaussian distribution, they may not be the same. But to answer the traditional poc,va, the value area is calculated starting with the poc, and then going up and down from it, so yes, the poc will for sure be within the value area