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Time Price Opportunity (TPO)

Time Price Opportunity (TPO)

A time price opportunity is the basic unit  displayed on a profile chart. Each TPO represents a point of time where the market touches a price.  A single TPO is printed on the chart for every time a price is touched during the same period of time on the chart.  A new TPO appears at the same price level only id the market returns to trade at this same price during another period  of time during the day.

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Time Price Opportunity (TPO)