I thought this movie was called "Dragon Fist vs Monkey Claw" but can't find it anywhere.
The plot of the story goes: young fish seller takes time to watch over the
Wall of a compound of monks in training. Later when the bullying boys of
The overlord bump in to him, the young lad takes a stance he saw the
Monks in training take, and proceed to get soundly beaten. The master
From the compound takes pity on him and takes him in. Years pass
And the overlord's men attach the compound and kill every body but him.
He then meets up with a drunken master and trains. Who is then killed
By the overlords bullies. The lad now older under takes a self training. Large
Vases to walk on for balance, a spinning post with 2 perpendicular spars
One head high and opposite at shin high for defense/attach training.
Finally by observing a tied up monkey with a cobra he learns a monkey
System of battle. The final battle he meets up with the overlords bullies
And incorporates all his training into the fight.
Sorry to make a short story long as is my want. Any help finding
This movie will be appreciated.

Hou hsing kou shou (1980) (http://www.imdb.com/title/tt0079311/)
Aka:
Snake in the Monkey's Shadow
Snake Fist vs. the Dragon
YouTube - snake in the monkeys shadow 1 of 9 (http://www.youtube.com/watch?v=E3P9cQM1noU)

Amazzin, 2 hours to answer a question I've had for 3 years over a 30 year old memory Thanks Adolf

A movie that guy had long dark hair but he would try with these metal ring around his wrist.