I was watching $BLUE for a short, since it made a clean gap down on the daily chart. It did have an open gap from last December, where it gapped up and I thought this would help pull it down also, trying to fill this gap, but I'm not sure if an open gap from a year ago will have an effect. Kunal always tells us that the trading computers like to fill gaps. I would have liked to hit the ORB for a short, but I was trading at work today and I was busy at the time. When it pulled back to the VWAP, gave a shooting star candle, then faded on the next candle, I entered. I sold have when a booked $100 profit and moved my stop down, then trailed that stop down as it continued to fall.
Execution detail:
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