AK FlowBook part 6: volume-profile levels, POC, value area, naked levels, HVN and LVN

Where did gold do most of its business? 📊

Volume-profile levels come from traded volume, not lines drawn by hand:
Day, week and month, in blue, yellow and white.

• POC: the price with the most volume
• VAH / VAL: the top and bottom of the value area
• Naked levels: past POCs and value edges price has not touched since
• HVN / LVN: where a lot traded, and where price moved through quickly

Real example, Oct 6: gold's high, 4212.4 (XAUUSD ≈4185), came $2.6 under a naked POC from Oct 2 (4215.0) and a naked weekly VAH (4217.0). Both were still naked at the close.

A level is a place to watch, not a wall. What trades there is the information.

Full guide: akorderflow.com/docs/ninjatrader/levels/
Part 6 of 12 of the AK FlowBook series.