I agree with most of the posts, and I can say that in the US we also knock on watermelons. :) I find that the best watermelons are a combination of that hollow sound when "flicked" and an overall good color without any blemishes are scars.
There's a whole article on Selecting Fruits and Vegetables at Recipe4Living that's mighty handy. Here's the watermelon exerpt:
Watermelon
Selecting: Should yield to slight pressure at the stem end. Sweet scent. Skin may be solid green, green-striped or mottled with white. Avoid melons that are very soft.
Storing: Store at room temperature for 2 to 3 days. Refrigerate after cutting. Remove seeds and skins.
Using: Best at room temperature. Be cautious of the many seeds. Good for breakfast, salads, salsas, smoothies, and sorbets.
Season: summer