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TPO

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TPO
Time-Price Opportunity; a price that occurs during designated half-hour periods of trading; a price-time relationship developed for the Chicago Board of Trade's Market Profile and Liquidity Data Bank reports.
Tradable
Trading instrument.

 


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TPO - Time Price Opportunity. Respresented by a letter of the English alphabet that corresponds to each 30 min candle of the trading session.

Take profits order (TPO): The opposite of a stop loss (i.e. a stop gain). The TPO order specifies that a position should be closed out when the current exchange rate crosses a given threshold.

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See also: Pattern, Trading, Indicators, Indicator, Signal

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