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:
Date/time | Symbol | Side | Price | Position |
---|---|---|---|---|
2015-12-07 11:21:00 | BLUE | sell | $55.750 | short |
2015-12-07 12:00:00 | BLUE | buy | $54.680 | short |
2015-12-07 13:34:00 | BLUE | buy | $52.530 | 0 |
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