 |
|
Chart Folder - January 6, 2005: |
Head & Shoulders Strategy A Head and Shoulders is classically a bearish top formation and is typically traded by selling when prices drop below the "Neck line". Notice that this formation contains a 1-2-3 Top within its basic structure. Head and Shoulders are rarely perfectly symmetrical. Need the Magic Numbers to take this trade in the open (-25 / -10)...if the 24-hour session speculators don't ruin our fun. Marsh Thought for tomorrow...There are strange things done in the night session by the men who moil for a point or two. Or is it much more than that; we don't know but maybe we should?
|
|
Required disclosures about Futures Trading |
| There are
inherent risks involved in trading stocks and commodity futures with real
money. You should be aware of the risks involved and use the material
contained in this website and in any downloaded materials at your own risk.
You should consider your own financial condition before trading commodities
or stocks with real money. The
material contained and/or downloaded from this website is believed to be
reliable, but Marshall J.Jones, nor any of his associates guarantee its
accuracy or validity, nor are they responsible for any errors or omissions
which may have occurred. None of the materials on or from this site
provide, imply, or otherwise constitute a guarantee of performance. Your
own trading results may differ. |
