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Strategies & Market Trends : MDA - Market Direction Analysis -- Ignore unavailable to you. Want to Upgrade?

To: KY who wrote (41771)	2/29/2000 5:02:00 PM
From: Michael Watkins	Respond to of 99985

KY, actually I take that back, the H&S pattern could still be valid, I just didn't move the right shoulder lines (started drawing them much earlier in the day. I don't trade these at all; I'm looking for test of top/bottom failures and retracements when something is trending strongly. That's all I trade. So I don't have a good feel for how often they work - I see them all the time in multiple time frames. My feeling is the longer the time frame that caused the formation, the more likely it is to deliver...