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.