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Buy the breakout of the top of the formation. No more than one correction
bar is required. Market should be trending. It a up trend market, a hook
occurs as soon as you have a lower high. The opposite applies in a down
trend. The ELA I have apparently doesn't work.
JFB
Shaven Heads Trading
NYC
-----Original Message-----
From: Ian Waugh [mailto:ianwaugh@xxxxxxxxxxxxxxxxxxx]
Sent: Thursday, February 15, 2001 5:17 PM
To: omega-list@xxxxxxxxxx
Cc: ianwaugh@xxxxxxxxxxxxxxxxxxx
Subject: The Ross Hook
Can someone explain what the Ross Hook is and how it works? Is there any
code for it?
Thanks.
Ian
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