Shared by:
Dandres
One of those stocks you watch, the market wasn't moving much
Open
- Was watching the opening range develop and after a bit the candle action started breaking down and seemed like it was going to close below the VWAP. Took a first entry on the break of the VWAP move. The price action didnt resolve and so I got out. Stopped myself out early once the new 1 min candle opened above the VWAP.
Reflection
- Good risk management that kept me from taking a larger loss than I needed to.
- Could have waited for the 10 minute ORB to completely develop but I was seeing the volume come in and the levels develop so I had to go for it incase it flushed to the downside and I missed the opportunity.
Execution detail:
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