As Brian said, basically high sticking nymph fishing. I don't remember the year but the Czechs, during a world championship or some other such nonsense, cleaned house using the technique. There is no doubt it is extremely effective with two different applications.
The first is as Brian described, however, what he didn't mention is that it is imperative that you use heavily weighted nymphs. Ted Faye on the upper Sacramento River in California showed me this system in what had been very difficult water to fish. Charlie Brooks used his very heavily weighted black Stonefly nymph on the Madison and other Montana waters to do the same thing. This is fishing with shorter casts and total control that happened long before the technique migrated from Eastern Europe to the US. Another advantage to this system is you can use heavier leaders to control bigger fish in most places. It is also the best way to cover pocket water with deeper, faster flows.
The second part of Czech nymphing isn't normally addressed but is also a useful tool. This is used differently in that a short cast is made quartering downstream and swung on a tight line. Heavily weighted nymphs are again the key. This is very effective on tail outs and long stretches of smooth water 2-4 ft deep.
Wish I could still wade to fish like this but, alas, I am mainly confined to a floating device to pursue these wonderful fish.
Charlie
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