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This basically creates a Vector Color Filled Shape based on the foreground color of your choice and the Anchor Points you define to create your Shape.
I started with an Anchor Point at 1 and worked my way to around to connect back to 1 again.
Helpful Tips: Easy Selections
*Hold the Control Key and Click the Rectangle Shape to auto select.
* Use the ‘Direct Selection Tool (A)’ to select it.
*Or turn on Photoshop’s ‘Auto Select’ Feature.
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Click & Drag on the second (#2) Anchor Point that was created in the Shape in the direction of the arrow.
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So ‘A’ controls the curvature between Anchors 2 and 1.
Likewise, ‘B’ controls the curvature between Anchors 2 and 3.
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With the Direct Selection Tool selected, click on the ‘A’ End Anchor Point and drag in the direction of the arrow that I have shown. Then, go ahead and click on the ‘B’ End Anchor Point and move in the direction of the arrow I have shown.
The End picture shows the results.
Helpful Hint:
To move the entire Shape use the ‘Path Selection’ Tool as in the above image.
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Select the ‘Add Anchor Point Tool’ and click once in the Area that I have done(Red arrow indicator and labeled 5). A new (A & B) End Anchor Points appear. Switch to the ‘Convert Anchor Point Tool’ and drag in the directions of the red arrows.
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The more you practice the quicker you’ll apprehend the geometry behind the the Pen Tool.
(Anchor 5 was created in step #9 above.)
The others are deviant examples of the ‘End Shape’ and quick examples using the ‘Pen Tool’.
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