Discussion in 'Technical Analysis' started by jrs3, Mar 27, 2004.
Looks good to go!
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?
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
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