Advanced tramline trading
Tramline trading can give spread betters excellent points to enter a trade and excellent targets to exit a trade. In this video, John C Burford explains how to identify profitable exit points for your trades.
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
And if you haven't seen them yet, or you would like a refresher, do take a look at my other video tutorials.