FRPT Setup and Trade Plan

Today's Featured Trade Idea is FRPT.

You can read more about this trade in Rick's blog post here.  Members can also see his detailed review in the trading room at 9:10am Eastern.  For now, here is my analysis and a potential trade plan made using our Trader Vision 20/20 software.

FRPT has been in a strong Bullish Trend for months. In the last week, it pulled back forming a PBO and bounced up off the trend line again.  I will look for a Doji Continuation signal to for Tuesday with an Entry up at about $29.65 and a Stop about $28.60. At all-time highs, I'll use Fib Targets at about $32.35 and $33.70.

Trader Vision 20/20 tells us we have 3 weeks until the next expected earnings announcement, with many Bullish Conditions in favor of the trade.  It shows us that we can take $157.50 in Risk for a chance to make 2.57:1 ($405 at Target #1) or 3.21:1 Reward/Risk ($506.25 at Target #2). TV20/20 also tells us price only needs to reach $31.98 to achieve our Trade Goal.

Below is my markup of the chart and the trade plan as laid out by Trader Vision 20/20.  As a bonus, if you click the green button below, you'll be able to watch a video of the chart markup and trade planning process.

 

The  FRPT Trade Setup - As of 7-16-18

FRPT as of 7-16-18

 

The Trade Plan

FRPT Plan for 7-17-18

 

Note how Trader Vision 20/20 does so much of the work for you.  Knowing the ratio of Bullish Conditions to Bearish ones as well as the overall risk of the position size, risk to Stop out and the Reward possible at each Target price can help a great deal with controlling our emotions.  Knowing the dollar impact of every scenario ahead of time, allows us to make calm decisions during the trade.  It really takes the pressure off.  No guesswork.  No surprises.  No emotional roller coaster.

To see a short video of this trade's chart markup and trade planning, click the button below.

 

 

Put the power to Trader Vision 20/20 to work for you...

 


 

Testimonial

Trader Vision immediately simplified the process...immediately it provided that information and guidance to me. I knew what I would risk for how much reward, I began taking trades off at the 1st target, 2nd target, I was no longer holding all my trades for the homerun. I also began implementing the stop losses if and when they were reached, not just hoping the stock would recover.  It then became easier to see what patterns were working for me and which were not.  It provided a much more relaxed and stress-free environment. -Joan G

 

***************************************************************************************************

Investing and Trading involve significant financial risk and are not suitable for everyone. Ed Carter is not a licensed financial adviser nor does he offer trade recommendations or investment advice to anyone. No communication from Hit and Run Candlesticks Inc. is to be considered financial or trading advice. All information is intended for Educational Purposes Only. Terms of Service.

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MTW Setup and Trade Plan

Today's Featured Trade Idea is MTW.

You can read more about this trade in Rick's blog post here.  Members can also see his detailed review in the trading room at 9:10am Eastern.  For now, here is my analysis and a potential trade plan made using our Trader Vision 20/20 software.

MTW has put in a bottom and broken into a Rounded Bottom Breakout pattern. It held the 50sma Friday while putting in a Bullish Engulfing signal. I will look for an Entry on positive trading using obvious potential Resistance as the target prices.

As we can see, Trader Vision tells us MTW does not report earnings for another 3-4 weeks. It also shows that this ticker has many Bullish conditions and few Bearish ones.  In addition, we see that this Trade Plan allows us to Risk less than $100, for a chance to make almost $400 at Target #1 and $566 if both Targets are reached. That would allow us to make the Trade Goal even before Target #1 and give us 4:1 Reward/Risk at Target #1 or 5.81:1 if Target #2 is reached. A very nice setup/plan.

Below is my markup of the chart and the trade plan as laid out by Trader Vision 20/20.  As a bonus, if you click the green button below, you'll be able to watch a video of the chart markup and trade planning process.

 

The  MTW Trade Setup - As of 7-13-18

MTW as of 7-13-18

 

The Trade Plan

MTW Trade Plan for 7-16-18

 

Note how Trader Vision 20/20 does so much of the work for you.  Knowing the ratio of Bullish Conditions to Bearish ones as well as the overall risk of the position size, risk to Stop out and the Reward possible at each Target price can help a great deal with controlling our emotions.  Knowing the dollar impact of every scenario ahead of time, allows us to make calm decisions during the trade.  It really takes the pressure off.  No guesswork.  No surprises.  No emotional roller coaster.

To see a short video of this trade's chart markup and trade planning, click the button below.

 

 

Put the power to Trader Vision 20/20 to work for you...

 


 

Testimonial

Trader Vision immediately simplified the process...immediately it provided that information and guidance to me. I knew what I would risk for how much reward, I began taking trades off at the 1st target, 2nd target, I was no longer holding all my trades for the homerun. I also began implementing the stop losses if and when they were reached, not just hoping the stock would recover.  It then became easier to see what patterns were working for me and which were not.  It provided a much more relaxed and stress-free environment. -Joan G

 

***************************************************************************************************

Investing and Trading involve significant financial risk and are not suitable for everyone. Ed Carter is not a licensed financial adviser nor does he offer trade recommendations or investment advice to anyone. No communication from Hit and Run Candlesticks Inc. is to be considered financial or trading advice. All information is intended for Educational Purposes Only. Terms of Service.

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TCP Setup and Trade Plan

With the "tweet storm" / trade war fears making sitting on our hands the wise move earlier this week, I decided to put out a trade idea for Friday.  Just consider the extra "headline risk" of opening a new position in front of the weekend.  Personally, I see this diminished with the President out of the country and focused on other topics.

Sp., today's Featured Trade Idea is TCP.

You can read more about this trade in Rick's blog post here.  Members can also see his detailed review in the trading room at 9:10am Eastern.  For now, here is my analysis and a potential trade plan made using our Trader Vision 20/20 software.

TCP has broken into an RBB pattern, printing a Doji Continuation (Sandwich) signal and proving the breakthrough level as Support on Thursday. I'll look for an inside day Entry with a Stop below Thursday's candle and a first Target up at $30.75. The second Target will fill the gap up at $34.30.  Below is my markup of the chart and the trade plan as laid out by Trader Vision 20/20.  As a bonus, if you click the green button below, you'll be able to watch a video of the chart markup and trade planning process.

 

The  TCP Trade Setup - As of 7-12-18

TCP as of 7-12-18

 

The Trade Plan

TCP Plan for 7-13-18

 

Note how Trader Vision 20/20 does so much of the work for you.  Knowing the ratio of Bullish Conditions to Bearish ones as well as the overall risk of the position size, risk to Stop out and the Reward possible at each Target price can help a great deal with controlling our emotions.  Knowing the dollar impact of every scenario ahead of time, allows us to make calm decisions during the trade.  It really takes the pressure off.  No guesswork.  No surprises.  No emotional roller coaster.

To see a short video of this trade's chart markup and trade planning, click the button below.

 

 

Put the power to Trader Vision 20/20 to work for you...

 


 

Testimonial

Trader Vision immediately simplified the process...immediately it provided that information and guidance to me. I knew what I would risk for how much reward, I began taking trades off at the 1st target, 2nd target, I was no longer holding all my trades for the homerun. I also began implementing the stop losses if and when they were reached, not just hoping the stock would recover.  It then became easier to see what patterns were working for me and which were not.  It provided a much more relaxed and stress-free environment. -Joan G

 

***************************************************************************************************

Investing and Trading involve significant financial risk and are not suitable for everyone. Ed Carter is not a licensed financial adviser nor does he offer trade recommendations or investment advice to anyone. No communication from Hit and Run Candlesticks Inc. is to be considered financial or trading advice. All information is intended for Educational Purposes Only. Terms of Service.

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TNDM Setup and Trade Plan

Today's Featured Trade Idea is TNDM.

You can read more about this trade in Rick's blog post here.  Members can also see his detailed review in the trading room at 9:10am Eastern.  For now, here is my analysis and a potential trade plan made using our Trader Vision 20/20 software.

It appears we are gapping higher this morning (as of 7am), so I guess Trade War Fear is only a one-day illness for the market.  With the Bulls looking to come back in, I am looking at the TNDM setup.

TNDM is working on a J-hook (near b/o) and printed a Bullish Engulfing signal (of a Doji) on Wed. Not bad in the face of a Bearish day.  I will be looking for a b/o Entry using the teal line of recent resistance as Support to protect my Stop. The first Target will be the 23.6% Fib Extension (after a 38.2% retrace) and the 2nd Target up where the 38.2% extension matches well with a Weekly S/R level.  Below is my markup of the chart and the trade plan as laid out by Trader Vision 20/20.  As a bonus, if you click the green button below, you'll be able to watch a video of the chart markup and trade planning process.

 

The  TNDM Trade Setup - As of 7-11-18

TNDM as of 7-11-18

 

The Trade Plan

TNDM Trade Plan for 7-12-18

 

Note how Trader Vision 20/20 does so much of the work for you.  Knowing the ratio of Bullish Conditions to Bearish ones as well as the overall risk of the position size, risk to Stop out and the Reward possible at each Target price can help a great deal with controlling our emotions.  Knowing the dollar impact of every scenario ahead of time, allows us to make calm decisions during the trade.  It really takes the pressure off.  No guesswork.  No surprises.  No emotional roller coaster.

To see a short video of this trade's chart markup and trade planning, click the button below.

 

 

Put the power to Trader Vision 20/20 to work for you...

 


 

Testimonial

Trader Vision immediately simplified the process...immediately it provided that information and guidance to me. I knew what I would risk for how much reward, I began taking trades off at the 1st target, 2nd target, I was no longer holding all my trades for the homerun. I also began implementing the stop losses if and when they were reached, not just hoping the stock would recover.  It then became easier to see what patterns were working for me and which were not.  It provided a much more relaxed and stress-free environment. -Joan G

 

***************************************************************************************************

Investing and Trading involve significant financial risk and are not suitable for everyone. Ed Carter is not a licensed financial adviser nor does he offer trade recommendations or investment advice to anyone. No communication from Hit and Run Candlesticks Inc. is to be considered financial or trading advice. All information is intended for Educational Purposes Only. Terms of Service.

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ENPH Setup and Trade Plan

Today's Featured Trade Idea is ENPH.

You can read more about this trade in Rick's blog post here.  Members can also see his detailed review in the trading room at 9:10am Eastern.  For now, here is my analysis and a potential trade plan made using our Trader Vision 20/20 software.

ENPH has been trending strongly Bullish for over a year. In the last month, it has been an even stronger bull. After a brief pullback, ENPH has printed a Bull Engulfing signal, consolidated and on Monday printed a Trader's Best Friend signal.  I will enter above the Monday Close, using a very recent resistance level to protect a Stop placed at the bottom of Monday's candle. Weekly S/R levels match up with 3 Fib Targets, but I will be counting only on the first of these.  The rest will be gravy.   Below is my markup of the chart and the trade plan as laid out by Trader Vision 20/20.  As a bonus, if you click the green button below, you'll be able to watch a video of the chart markup and trade planning process.

 

The  ENPH Trade Setup - As of 7-9-18

ENPH as of 7-9-18

 

The Trade Plan

ENPH Plan for 7-10-18

 

Note how Trader Vision 20/20 does so much of the work for you.  Knowing the overall risk of the position size, risk to Stop out and the Reward possible at each Target price can help a great deal with controlling our emotions.  Knowing the dollar impact of every scenario ahead of time, allows us to make calm decisions during the trade.  It really takes the pressure off.  No guesswork.  No surprises.  No emotional roller coaster.

To see a short video of this trade's chart markup and trade planning, click the button below.

 

 

Put the power to Trader Vision 20/20 to work for you...

 


 

Testimonial

Trader Vision immediately simplified the process...immediately it provided that information and guidance to me. I knew what I would risk for how much reward, I began taking trades off at the 1st target, 2nd target, I was no longer holding all my trades for the homerun. I also began implementing the stop losses if and when they were reached, not just hoping the stock would recover.  It then became easier to see what patterns were working for me and which were not.  It provided a much more relaxed and stress-free environment. -Joan G

 

***************************************************************************************************

Investing and Trading involve significant financial risk and are not suitable for everyone. Ed Carter is not a licensed financial adviser nor does he offer trade recommendations or investment advice to anyone. No communication from Hit and Run Candlesticks Inc. is to be considered financial or trading advice. All information is intended for Educational Purposes Only. Terms of Service.

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KR Setup and Trade Plan

Today's Featured Trade Idea is KR.

You can read more about this trade in Rick's blog post here.  Members can also see his detailed review in the trading room at 9:10am Eastern.  For now, here is my analysis and a potential trade plan made using our Trader Vision 20/20 software.

KR has been in a strong uptrend recently, completing a Golden Cross last month. It formed a Bull Flag, which bottomed out with a Morning Star signal and immediately followed that up with a Bull Engulfing type signal on Friday.  I will be looking for an Entry showing the Bulls are still in charge (a couple cents above Friday's high) and looking for Support from the level broken Friday, with a Stop below Friday's candle. Targets come from the Weekly chart Support/Resistance levels at $31.75 and $34.15.  Below is my markup of the chart and the trade plan as laid out by Trader Vision 20/20.  As a bonus, if you click the green button below, you'll be able to watch a video of the chart markup and trade planning process.

 

The  KR Trade Setup - As of 7-6-18

KR Setup as of 7-6-18

 

The Trade Plan

KR Trade Plan for 7-9-18

 

Note how Trader Vision 20/20 does so much of the work for you.  Knowing the overall risk of the position size, risk to Stop out and the Reward possible at each Target can help a great deal with controlling our emotions.  Knowing the dollar impact of every scenario ahead of time, allows us to make calm decisions during the trade.  It really takes the pressure off.  No guesswork.  No surprises.  No emotional roller coaster.

To see a short video of this trade's chart markup and trade planning, click the button below.

 

 

Put the power to Trader Vision 20/20 to work for you...

 


 

Testimonial

Trader Vision immediately simplified the process...immediately it provided that information and guidance to me. I knew what I would risk for how much reward, I began taking trades off at the 1st target, 2nd target, I was no longer holding all my trades for the homerun. I also began implementing the stop losses if and when they were reached, not just hoping the stock would recover.  It then became easier to see what patterns were working for me and which were not.  It provided a much more relaxed and stress-free environment. -Joan G

 

***************************************************************************************************

Investing and Trading involve significant financial risk and are not suitable for everyone. Ed Carter is not a licensed financial adviser nor does he offer trade recommendations or investment advice to anyone. No communication from Hit and Run Candlesticks Inc. is to be considered financial or trading advice. All information is intended for Educational Purposes Only. Terms of Service.

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SONC Setup and Trade Plan

Normally we don't do a featured trade on Friday's. However, with no trade on Tuesday (half day) and Wednesday (holiday), I decided to put out a trade idea today.  Today's Featured Trade Idea is SONC.

You can see Rick's detailed review in the trading room at 9:10am Eastern.  For now, here is my analysis and a potential trade plan made using our Trader Vision 20/20 software.

SONC has no exposure to International Trade and as a fast food restaurant, less exposure to economic or political news. So, relatively speaking it has lower weekend headline risk. I will be looking for Entry about 15 cents above b/o of the J-hook pattern, using Fib Targets since we are near all-time highs.  Below is my markup of the chart and the trade plan as laid out by Trader Vision 20/20.  As a bonus, if you click the green button below, you'll be able to watch a video of the chart markup and trade planning process.

Don't forget, Friday are "Open House" Days in the Trading Room. 

Please be our guest and join us in Trading Room # 1 (No password required)

 

The  SONC Trade Setup - As of 7-5-18

SONC Setup as of 7-5-18

 

The  Trade Plan

 

SONC Plan for 7-6-18

Note how Trader Vision 20/20 does so much of the work for you.  Knowing the overall risk of the position size, risk to Stop out and Reward possible at each Target can help a great deal with controlling our emotions.  Knowing the Risk is low and the potential Reward good.  Knowing the Risk, Reward and how far a stock must move to reach our goal...before a trade...really takes the pressure off.  No guesswork.  No surprises.  No emotional roller coaster.

To see a short video of this trade's chart markup and trade planning, click the button below.

 

 

Put the power to Trader Vision 20/20 to work for you...

 


 

Testimonial

Trader Vision immediately simplified the process...immediately it provided that information and guidance to me. I knew what I would risk for how much reward, I began taking trades off at the 1st target, 2nd target, I was no longer holding all my trades for the homerun. I also began implementing the stop losses if and when they were reached, not just hoping the stock would recover.  It then became easier to see what patterns were working for me and which were not.  It provided a much more relaxed and stress-free environment. -Joan G

 

***************************************************************************************************

Investing and Trading involve significant financial risk and are not suitable for everyone. Ed Carter is not a licensed financial adviser nor does he offer trade recommendations or investment advice to anyone. No communication from Hit and Run Candlesticks Inc. is to be considered financial or trading advice. All information is intended for Educational Purposes Only. Terms of Service.

***************************************************************************************************

Setup and Trade Plan

Today's Featured Trade Idea is NIHD.

You can read more about this trade in Rick's blog post here.  Members can also see his detailed review in the trading room at 9:10am Eastern.  For now, here is my analysis and a potential trade plan made using our Trader Vision 20/20 software.

NIHD has been a screaming Bullish trend since December. After a pullback and consolidation in May, it has resumed the strong trend. On Tue. it printed a Bull Engulfing signal after the 2-day pullback to trend.  I'll look for a breakout Entry with Stop just below the candle bodies of last Thu. and Fri.  First target is just prior to the $4.69 resistance (and 61.8% Fib Ext.) and a second target mid-way between the 100% Ext. and $5.56 resistance level.  Below is my markup of the chart and the trade plan as laid out by Trader Vision 20/20.  As a bonus, if you click the green button below, you'll be able to watch a video of the chart markup and trade planning process.

Don't forget, Thursday and Friday are "Open House" Days in the Trading Room. 

Please be our guest and join us in Trading Room # 1 (No password required)

 

The  NIHD Trade Setup - As of 7-3-18

NIHD as of 7-3-18

 

The  Trade Plan #1

The  Trade Plan #2

Note how Trader Vision 20/20 does so much of the work for you.  Knowing the overall risk of the position size, risk to Stop out and Reward possible at each Target can help a great deal with controlling our emotions.  Knowing the Risk is low and the potential Reward good.  Knowing the Risk, Reward and how far a stock must move to reach our goal...before a trade...really takes the pressure off.  No guesswork.  No surprises.  No emotional roller coaster.

To see a short video of this trade's chart markup and trade planning, click the button below.

 

 

Put the power to Trader Vision 20/20 to work for you...

 


 

Testimonial

Trader Vision immediately simplified the process...immediately it provided that information and guidance to me. I knew what I would risk for how much reward, I began taking trades off at the 1st target, 2nd target, I was no longer holding all my trades for the homerun. I also began implementing the stop losses if and when they were reached, not just hoping the stock would recover.  It then became easier to see what patterns were working for me and which were not.  It provided a much more relaxed and stress-free environment. -Joan G

 

***************************************************************************************************

Investing and Trading involve significant financial risk and are not suitable for everyone. Ed Carter is not a licensed financial adviser nor does he offer trade recommendations or investment advice to anyone. No communication from Hit and Run Candlesticks Inc. is to be considered financial or trading advice. All information is intended for Educational Purposes Only. Terms of Service.

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No Featured Trade Short-Day Pre-Holiday Break

There is no Featured Trade Idea today.

With markets only open until 1pm Eastern and having been a "chop fest" the last week, there is no reason to consider a new position today.

You can read more in Rick's blog post here.  Members can also see his detailed market and stock review in the trading room at 9:10am Eastern.

 

Put the power to Trader Vision 20/20 to work for you...

 

With market action expected to be very light on half-day Tuesday (in front of the July 4th Holiday) we are opening up the trading room to the public.  So, please be our guest and join us for some free education.  The planned schedule is below and you'll find our community has a good time while accomplishing a lot.   Here is a direct ling to the trading room.

**** Trading Rooms Open House****

Join Us - No Password Required

 

Date: Tuesday - July 3, 2018

9:10am - 10:00am ET - Rick Saddler - Opening Bell

10:00am - 11:00am ET - Steve Risner - Gap Trading and 45 Degree Runners

11:00am - 11:30am ET - Doug Campbell - RWO Option Trading

11:30pm - 12:30pm ET - Ed Carter - The Value of Trade Planning and Live Trade Planning

12:30pm - 1:00pm ET - Rick Saddler - Trade Setups, Chart Analysis and the Closing Bell


 

Testimonial

Trader Vision immediately simplified the process...immediately it provided that information and guidance to me. I knew what I would risk for how much reward, I began taking trades off at the 1st target, 2nd target, I was no longer holding all my trades for the homerun. I also began implementing the stop losses if and when they were reached, not just hoping the stock would recover.  It then became easier to see what patterns were working for me and which were not.  It provided a much more relaxed and stress-free environment. -Joan G

 

***************************************************************************************************

Investing and Trading involve significant financial risk and are not suitable for everyone. Ed Carter is not a licensed financial adviser nor does he offer trade recommendations or investment advice to anyone. No communication from Hit and Run Candlesticks Inc. is to be considered financial or trading advice. All information is intended for Educational Purposes Only. Terms of Service.

***************************************************************************************************

ANF Setup & Trade Plan

Today's Featured Trade Idea is ANF (Short).

You can read more about this trade in Rick's blog post here.  Members can also see his detailed review in the trading room at 9:10am Eastern.  For now, here is my analysis and a potential trade plan made using our Trader Vision 20/20 software.

ANF printed a Doji Continuation (sandwich) signal Friday inside a Rounded Top Breakdown pattern. Using a tight Stop (above Resistance) I have planned a 3 target potential trade that can give us 2:1 Reward/Risk at the first Target and 3:11:1 if all 3 Targets are reached. Below is my markup of the chart and the trade plan as laid out by Trader Vision 20/20.  As a bonus, if you click the green button below, you'll be able to watch a video of the chart markup and trade planning process.

 

The ANF Trade Setup - As of 6-29-18

ANF Setup as of 6-29-18

 

The ANF Trade Plan (Short) for 7-1

ANF Short Plan for 7-1-18

 

Note how Trader Vision 20/20 does so much of the work for you.  Knowing the overall risk of the position size, risk to Stop out and Reward possible at each Target we see this trade offers between 2:1 and 3.11:1 Reward/Risk Ratio.  Knowing the Risk is low and the potential Reward good.  Knowing the Risk, Reward and how far a stock must move to reach our goal...before a trade...really takes the pressure off.  No guesswork.  No surprises.  No emotional roller coaster.

To see a short video of this trade's chart markup and trade planning, click the button below.

 

 

 

Put the power to Trader Vision 20/20 to work for you...

 

With market action expected to be light on Monday and Tuesday (in front of the July 4th Holiday) we are opening up the trading room to the public.  So, please be our guest and jooin us for some free education.  The planned schedule is below and you'll find our community has a good time while accomplishing a lot.   Here is a direct ling to the trading room.

**** Trading Rooms Open House****

Join Us - No Password Required

 

Date: Monday - July 2, 2018

9:10am - 10:00am ET - Rick Saddler - Opening Bell

10:00am - 11:30am ET - Steve Risner - Futures Trading

1:30pm - 3:00pm ET - Ed Carter - Goal Setting and Trade Sizing

3:00pm - 4:00pm ET - Doug Campbell - Trade Setups, Chart Analysis and the Closing Bell

 

 

Date: Tuesday - July 3, 2018

9:10am - 10:00am ET - Rick Saddler - Opening Bell

10:00am - 11:00am ET - Steve Risner - Gap Trading and 45 Degree Runners

11:00am - 11:30am ET - Doug Campbell - RWO Option Trading

11:30pm - 12:30pm ET - Ed Carter - The Value of Trade Planning and Live Trade Planning

12:30pm - 1:00pm ET - Rick Saddler - Trade Setups, Chart Analysis and the Closing Bell


 

Testimonial

Trader Vision immediately simplified the process...immediately it provided that information and guidance to me. I knew what I would risk for how much reward, I began taking trades off at the 1st target, 2nd target, I was no longer holding all my trades for the homerun. I also began implementing the stop losses if and when they were reached, not just hoping the stock would recover.  It then became easier to see what patterns were working for me and which were not.  It provided a much more relaxed and stress-free environment. -Joan G

 

***************************************************************************************************

Investing and Trading involve significant financial risk and are not suitable for everyone. Ed Carter is not a licensed financial adviser nor does he offer trade recommendations or investment advice to anyone. No communication from Hit and Run Candlesticks Inc. is to be considered financial or trading advice. All information is intended for Educational Purposes Only. Terms of Service.

***************************************************************************************************

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