Tramline Trading: A Practical Guide to Swing Trading with Tramlines, Elliott Waves and Fibonacci Levels
$15.80
| Author(s) | |
|---|---|
| Format |
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| Pages |
236 |
| Published Date |
2014 |
John Burford’s Tramline Trading presents a structured and practical approach to swing trading, combining classic charting techniques with modern insights into market psychology and price dynamics. At its core, the book introduces the concept of “tramlines”—parallel trendlines that help traders identify, track, and capitalize on market swings with clarity and precision.
Burford carefully explains how tramlines can be used to pinpoint support and resistance levels, anticipate reversals, and structure trades with favorable risk-to-reward profiles. He integrates this method with Elliott Wave theory, showing how wave patterns interact with tramline structures to create high-probability setups. Additionally, the book explores the use of Fibonacci retracements and extensions, providing traders with tools to project potential price targets and manage trades effectively.
What makes Tramline Trading particularly valuable is its focus on practicality. Burford provides step-by-step examples and real chart illustrations, guiding readers through the process of drawing tramlines, confirming setups, and executing trades. His emphasis on discipline, patience, and methodical analysis ensures that traders can apply these techniques across multiple markets, including forex, stocks, and commodities.
Beyond the technical methods, Burford also highlights the psychological challenges of trading. He emphasizes the importance of confidence in one’s analysis, managing emotions, and adhering to rules-based strategies—qualities that are crucial for long-term success in swing trading.
Accessible to traders of varying experience levels, the book strikes a balance between technical rigor and clear explanation. Beginners can grasp the essentials of tramline trading, while more advanced traders will find nuanced insights into combining Elliott Waves and Fibonacci levels with trendline analysis.
Ultimately, Tramline Trading provides a powerful yet straightforward framework for traders seeking to master swing trading. By blending technical tools with disciplined execution, Burford equips readers to navigate market swings with greater accuracy and confidence.
Contents:
- The Tramline Trading Method
- How To Trade The Tramline Method
- My Trading Diary
Tramline Trading: A Practical Guide to Swing Trading with Tramlines, Elliott Waves and Fibonacci Levels By John Burford pdf
18 reviews for Tramline Trading: A Practical Guide to Swing Trading with Tramlines, Elliott Waves and Fibonacci Levels
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Mia Bernal (verified owner) –
Interesting book
Cillian Jenkins (verified owner) –
Fantastic book
Vincent Reynolds (verified owner) –
Excellent book, well written and easy to understand.
Joe Davis (verified owner) –
Amazing. Simple but brilliant.
Annie Stephenson (verified owner) –
An excellent, well written and comprehensive explanation of the author’s Swing Trading strategy.
Tadeo Roth (verified owner) –
A very clear and easily understood method.
Marlon Coleman (verified owner) –
Informative
Ahmir Hunt (verified owner) –
Well worth a read. The more insight you gain, the better chance you have of ‘winning’.
Rylee Moyer (verified owner) –
useful read
Oakleigh Ware (verified owner) –
A great book, recommended by a friend and well worth a read, John’s tramline stragegies are very easy to understand for the next level above beginer status.
Eithan Tanner (verified owner) –
There’s a lot of excellent, detailed content in this book as you might expect from an author with a PhD in Physics who previously worked for NASA in the Manned Mars Exploration team. I’d put it alongside ‘Attacking Currency Trends’ which is perhaps rather better known, with a broadly similar approach and a strong reliance on fibonacci trading.
Javier McMillan (verified owner) –
The author has the sound background of trading in channels. But he has totally technical approach to trading and ignore the fundamental aspect of trading. If you don’t want to buy his book then please watch his free You Tube videos where you will learn more about trading in channels than buying the book.
Isabelle Jarvis (verified owner) –
I recently purchased this book and I have read it cover to cover a couple of times already. What I most valued was the trading diary section at the end which gives you a ‘blow by blow’ account of several of John’s campaigns; this really helped to put things in to context for me and show how the methodology could be put in to practice. Well worth investing in.
Annalise Maldonado (verified owner) –
Good explanation, if you understand basics, maybe not a good introduction. BUT JOHN BURFORD IS MY IDOL. AWESOME
Harmoni Reynolds (verified owner) –
If you are interested in trading and want to take a serious look at how it is done, then this is the book for you!
A fabulous and easy read. Well written with many aspects explained in depth. The book assumes that you have basic knowledge
of spread betting but explains the “system” in depth. If you are new to the markets, try this out on a demo account as it does take
a little while to get the hang of it.
An excellent book that is worth every penny that it costs. A great starting point for the beginner and a useful guide to the more
advanced spread bettor.
Izaiah Doyle (verified owner) –
Personally I found this text helpful because I heavily rely on “tramlines” already. It helped hone in my strategy and I learned a ton of nifty tricks including momentum divergence.
If you’re not familiar with CFD order terms or elliott wave theory I’d suggest brushing up on that those topics first.
Overall I’d recommend this to anyone looking to simply their strategy.
Julia Spence (verified owner) –
Helpful for precise use of trendlines and additional strategy and techniques regarding trendlines, etc. Best for a newish to intermediate price action trader
Genevieve Schroeder (verified owner) –
This book, has lots of clear color charts. All through the book. His teaching on Elliot waves is very good, and practical. He also does the same with Fibonacci. I tend to disagree (as do Andrew Aziz and others) with diagonal tramlines, but you can simply draw in horizontal lines of support and resistance on the charts–they are there. I decided to change my overall to 5 stars because he insists on seeking double verification for a change in a trend. Really practical, and useful. If you dig through this book and read it and study it, you will be rewarded with some improved trading skills. The Elliot wave, in its simple form, as explained in the book, can often help you predict the short term future and that can save you a lot in the long run. I used it today to avoid getting out of a trade, knowing it would turn up. It did.