TRADING THE ROSS HOOK
by Joe Ross
The results of Joe's efforts as a teacher have been very gratifying. Our files are filled with letters of praise for his teaching materials. But all the praise in the world cannot match actual trading results. The concepts shown in Trading the Ross Hook are applicable in any market, and can be daytraded or position traded. The manual shows a complete trading methodology from beginning to end - a method that has been used in all markets for over 100 years!
You will find out exactly what Ross Hooks are. You will see their origins and what causes them to occur. You will be shown step-by-step how to identify them, and how to filter them so that you trade only the best hooks. You will be shown how to manage Ross Hook trades, how to manage risk, and how to manage your money when you trade these market formations.
WHERE DO YOU PUT THE STOP? The manual offers one of the most complete discussions of stop placement ever, describing ways to define and set both protective and objective stops as well as determining initial cost covering targets.
How can the Ross Hook get you into a market before everyone else? There are numerous techniques shown, including an in-depth discussion and illustration upon illustration of how, when, and why to use early entry techniques such as Joe Ross's famous Trader's Trick and Slaughterbeck entries.
You will be shown, chapter after chapter and example after example, how Joe's students are effectively trading Ross Hooks using simple studies that can be found in most trading software packages. Then you will be shown how he personally trades Hooks, without indicators or studies of any kind. You will see definitive ways to identify a trend and you will be shown specific ways to recognize congestion before anyone else is aware that a market has stopped trending. You will learn the significance of lot sizes, trend reversals, and the never-before-revealed True Trading Cycle.
You will see how to figure tomorrow's typical price when a market is in congestion. More than that, Joe reveals how to compute tomorrow's typical price in a trending market. Then he shows you how to use that typical price to trade the Ross Hook.
You will be shown trading strategies and tactics - an entire game plan. You will learn how to engage in "tick banking," how to trade hooks in channels, how to trade them from oscillators, and how to trade them using high-low bands. You will look over Joe's shoulder as he makes actual trades.
You will see daytrades and position trades - entire series of trades from start to finish, win or lose.
The depth of material presented is astounding. This book presents a complete and total method for trading in the futures markets. Once you have read and studied Trading the Ross Hook, you will have a complete trading package, one you can suit to your own temperament, comfort level, and personality.
"And thanks for writing the 'Hook Book.' Phenomenal! I can't ever begin to express how much this book is helping me and my trading. A clear, simple and logical approach and more importantly ... it answers a lot of the questions I had about your methods."
MR, Illinois
"I have thoroughly enjoyed reading "Trading the Ross Hook" and I'm looking forward to your next book. This has been of tremendous help to me."
Ben Chan, Australia