Hi, I'm looking at trading after 5-6pm and was thinking about trading the Nikkei... can you give me your opinion on it? - Brokers - who do I need? - Is there a tracking stock similar to QQQ that offers high liquidity? Or, what are the most viable trading elements? - What about taxes? - Any links I can go to learn about the subject? - Should I not trade the Nikkei? Thanks!
jrs3, Sometimes Head & Shoulders patterns fail. Or simply continue the previous trend, rather than portend a reversal . The Head & Shoulders pattern is best analyzed when combined with volume analysis to better understand its implications. Volume plays a crucial role in identifying and completing an inverse Head & shoulders pattern. Break from the neckline should be on higher volume than the left side of the pattern, with a retest back to neckline highly probable. The chart does look good, jrs3. Can you post one with volume as well Best Regards, Dave Scott