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TOPIC: Apply Ross Hook Trading (+TTE) in the Forex Market

Apply Ross Hook Trading (+TTE) in the Forex Market 1 year 5 months ago #73

  • marco
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Nice trade Charly! Yes you did the right thing, exiting after multiple wide bars often is a good exit point.

Happy Trading!

Marco
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Apply Ross Hook Trading (+TTE) in the Forex Market 1 year 5 months ago #74

  • Manus168
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Today I spot the ranging area at USD/CAD at m15 Charts the Moving Avarage shows the Bearish pressure still dominate for this pair, I waiting this pair breakout and form a Ross Hook after they form the Ross Hook I put My Pending order SELL STOP @ 1.29319 with a TP 10 pips only and I left them at the afternoon I check My position is already done with a profit, you can look My trade at the screenshoot bellow:



Happy trading .
Last Edit: 1 year 5 months ago by Manus168.
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Apply Ross Hook Trading (+TTE) in the Forex Market 1 year 5 months ago #75

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My trades at Friday May 3, 2016 at GBP/USD m15 after London Market open I found 123 formation after that the GBP/USD already make a Ross Hook with a Double Bottom and I put My SELL STOP Pending Order at 1.43966 with the TP at 1.43866 and not so long the Pending Order is done with a TP 10 pips easily get it.



See you next week and happy trading.
Last Edit: 1 year 5 months ago by Manus168.
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Apply Ross Hook Trading (+TTE) in the Forex Market 1 year 5 months ago #76

  • marco
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Nice Trade Manus!

Whenever you see such strong momentum in one direction, it's usually better to enter on the TTE. In this case you marked the TTE as the "double bottom ross hook", but actually it's a TTE double bottom.

Thanks for sharing!

Marco
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Apply Ross Hook Trading (+TTE) in the Forex Market 1 year 5 months ago #77

  • charlie_brown
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Manus168 wrote:
My trades at Friday May 3, 2016 at GBP/USD m15 after London Market open I found 123 formation after that the GBP/USD already make a Ross Hook with a Double Bottom and I put My SELL STOP Pending Order at 1.43966 with the TP at 1.43866 and not so long the Pending Order is done with a TP 10 pips easily get it.



See you next week and happy trading.

Hi Manus168, the point wich you marked with "2" was already the RH.
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Apply Ross Hook Trading (+TTE) in the Forex Market 1 year 5 months ago #78

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charlie_brown wrote:
Manus168 wrote:
My trades at Friday May 3, 2016 at GBP/USD m15 after London Market open I found 123 formation after that the GBP/USD already make a Ross Hook with a Double Bottom and I put My SELL STOP Pending Order at 1.43966 with the TP at 1.43866 and not so long the Pending Order is done with a TP 10 pips easily get it.



See you next week and happy trading.

Hi Manus168, the point wich you marked with "2" was already the RH.

Hi Charlie, thanks for reply, if Im not wrong in Joe's ebook about the Law Of Charts and Trading The Ross Hook said Ross Hook form after 123 formation form and the market violated the 2 and back to retrace the last sharp angle is the Ross Hook, if the number 2 of the screenshoot above is the Ross Hook thats means the previous 123 formation not already violated, can you help Me to explain this condition ? Thanks before.
Last Edit: 1 year 5 months ago by Manus168.
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