TPO · quizTPO quizLetters, initial balance, single prints and profile shapes.Tap an answer to check it. Each one explains why — read those even when you're right.Building blocks1. What does each letter on a TPO chart represent?A One contract tradedB One time period in which that price tradedC One large orderD One tick of price movement2. The TPO point of control is the price with…A The most volumeB The most letters (the most time)C The highest deltaD The first trade of the day3. For index futures, the initial balance usually refers to…A The overnight rangeB The first hour of the regular sessionC The prior day's value areaD The first five minutesReading the shape4. Single prints in the middle of a profile most likely show…A An area the market moved through quickly without two-sided tradeB The day's fairest priceC A data errorD Heavy absorption5. A flat high with several letters at the same top price and no tail is called…A ExcessB A poor highC A single printD Range extension6. A profile heavy at the top and thin below (a "P" shape) is often associated with…A Long liquidationB Short covering or late buyingC A perfectly balanced dayD A trading halt0/6 answered← PreviousNext track: Volume Profile →