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Hi All I'm back from some much needed time off. During my vacation, I thought long and hard about what this blog was going to be about. The answer is a source for trading ideas like the tag line states. For a short time, I started to drift from my original plan. I was making market commentary and writing articles on trading. So like any good trader who deviates from their trading plan. I stopped. Now I am restarting and will endeavor to stick with my "blogging plan". Which is to open a window into my watchlist. Each day, I will pull a potential trade from my personal watch list in the stock, futures, or forex market and post it here. My intention is to create some discussion. Trading is lonely! I like the interaction. None of my trades should be construed as investment advice. All charts are for demonstrative purposes only. I mean c'mon. You should have a fully fleshed out risk management and trading plan. My posts are just to create discussion and show you what I research and trade. Now, enough blabbering and let's get to the trade: FTEK should give you some food for thought. I would guess it is ramping up for another climb. My target is set at 43 based on the previous move, but honestly I can never tell how high it will or will not go. As always, I'll be making my exit decisions based on how it moves after break out. See you tomorrow!

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