Video tutorial: Advanced tramline trading

Welcome to my second video tutorial on tramline trading. If you haven’t yet watched my introductory video – The essentials of tramline trading – I recommend you start there and watch this afterwards.

The main feature of tramline trading is that it gives you excellent points to enter a trade and excellent targets to exit a trade at a profit.

My introductory video focused on obtaining low risk entry points. Today, I will concentrate on identifying profitable exit points.

In this video I will explain:

• How you can establish targets to exit a profitable trade

• How you can use tramlines to adapt to significant changes in market direction

• How to use upward and downward tramlines to give you very useful information to use in your trades

• If you’re a new reader, or need a reminder about some of the methods I refer to in my trades, then do have a look at the rest of my introductory videos:

The essentials of tramline trading

Advanced tramline trading

An introduction to Elliott wave theory

Advanced trading with Elliott waves

Trading with Fibonacci levels

Trading with ‘momentum’

Putting it all together

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