Lenny 2 Posted March 21, 2020 Hello team BBT, In this trade I wanted to take the ride down, but got stopped out. Trade was on March 20 and stock gapped up. (papertrading) 1. Because of the long wick after the first 5 min candle I didnt want to take the ORB down. Is this a good reasoning? 2. On the 5 min, the stock already had quite some distance from VWAP. Was is therefore to late to take the trade, or not? 3. What are other factors to consider here or how to improve myself? Share this post Link to post Share on other sites
Kasper 13 Posted March 21, 2020 (edited) ORB looks fine. What is that level it bounces off ? Try to look at level 2 when price gets near a certain MA or S/R level Kasper Edited March 21, 2020 by Kasper 1 Share this post Link to post Share on other sites
RTrader 20 Posted March 27, 2020 Can anyone prove that ORB's have an edge over time (long or short with specific setup criteria)? I'd love to see the data on it. Jason Share this post Link to post Share on other sites