Tramline Trading – Book [PDF]

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Tramline Trading_ A practical guide to swing trading with tramlines, Elliott Waves and Fibonacci levels - Burford John - www.indianpdf.com_ - Book Novel Download Online Free

PDF Title : Tramline Trading
Total Page : 236 Pages
Author: John Burford
PDF Size : 5.9 MB
Language : English
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PDF Link : Available

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Tramline Trading – Book

On every chart I open I am quick to apply the Fibonacci retrace levels and to keep them there. This is to give me a handy reference for likely reversals from counter-trend moves and to plan either my exit or to set up a new low-risk trade as close as possible to the appropriate level.

I always start with the most recent significant high and low. Retracements are divided into two kinds; a shallow retrace of 23% or even 38%, and a deep retrace of 62% or even 78%. The 50% level is my favorite target to aim for in most cases.

Tramline Trading – Book PDF

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