Stocks continued along their new-found volatile tracks last week with the Dow plunging to my target at 25,200 on Monday and then recovering swiftly to a high of 25,960...
VIP Traders Club
As you know, I have given some truly excellent trades on my blogs over the past five years or so, many of which have lead to massive profits. Not only have many of these entries been very close to major tops and bottoms, but they allowed the trade to be entered at low risk. This is an absolute requirement.
That is because, by using my Tramline, Fibonacci, and Elliott Wave methods, I have been able to set protective stops close to the entries, which limits risk.
Sign up now for a FREE 14 day TRIAL.
As a member, I will send you a Trade Alert every day Monday-Friday between 8:30 am and 9:00 am. You will also receive Members Notes that are designed not only to keep you out of serious trouble, but offers my Risk Rules that I encourage all members to use.
About John Burford
John is the on-line Trader for one of Britain’s largest financial publications, and his methods have been taught to thousands of traders from novices to those more experienced.
How I started the VIP Traders Club
Let’s face it, most traders lose money especially when they go it alone. That’s no great secret. The big question is this: Why do normally successful and intelligent people in their chosen profession fail at trading?
I am a professional trader and early in my career came to the conclusion that making profits in the financial markets requires a different set of skills than is usually required in the outside world. And that is because financial markets operate along a different set of rules that are unique to them.
You see, most people – including most ‘experts’ – totally misunderstand how markets work. They believe outside influences, such as economic data, drive the markets up and down. In fact, nothing could be further from the truth!
They are putting the cart before the horse. In reality, I believe it is market sentiment that drives all free markets and that the news follows the markets. Tops are made when bullishness is rampant and bottoms are made when it is all gloom and doom.
That’s right! How often have you seen a market rally briefly on ‘good’ news only to top out for no apparent reason – and later as the market declines, some ‘bad’ news emerges?
Conventional traders will buy on good news and sell on bad news. Often, that is the exact reverse strategy than is required for success. Markets can seem devious and perverse – but only to conventional traders. To those that follow my approach, market moves are rarely a surprise – and often I have forecast the exact move ahead of time – and my analysis is available to my members.
If you knew with high confidence where the market will likely be in the days ahead, what value would you place on that information?
So, in an effort to spread the truth about how markets really work – and to help traders develop highly profitable strategies, I decided to start the VIP Traders Club about six years ago.
And here is what some members are saying:
It is a pleasure to be able to give you a testimonial; it is the least I can do for the much appreciated help and guidance you have given me over the past two years. John’s work is a revelation. His analysis is clear and advice very sensible and cautious. Now with his VIP Trade Alert service it is most timely. After two years I now would not be without it.
Since joining the VIP service 3 months ago – earlier with the Tramline service – I am constantly amazed by the sheer quality and quantity of John’s updates. They are even better than I expected. His reports are always timely and accurate, with superb graphics . The brief updates are also great to trade off quickly when the market is moving fast.. His split-bet and no loss strategies have greatly improved my trading returns.
Glad to say that I spotted that euro trade before you posted it and held it after you advised to kill it, as it hadn’t fallen to my stop. Taken half profits and have a risk free trade on the remainder, lovely. Thanks John for inspiring me to trade this way! (3+ years in now!) Matt
What is the Tramline Trading method?
My method consists of a trio of three parts – Elliott Wave Theory (EWT), Tramline Method and Fibonacci. I combine all three in my analysis.
Having been a student of the Elliott Wave Theory for some time, I quickly realised that I needed more input to create a highly reliable method to forecast prices – and make profits consistently.
A glance at any price chart reveals a series of waves with definite tops and bottoms with some waves of short duration and others of longer time span.
How to make sense of this for forecasting purposes? Most traders cannot – and they rely on ‘stories’ from the media that are usually bullish. But that’s where EWT comes in.
The basic idea is that waves advance or decline in five steps – three with the trend and two against. Then the direction reverses. But I found there is a lot more to EWT than that! Each wave has its own characteristics and there are multiple rules and guidelines to be learned. Most traders are put off by the complexity – and who can blame them? We all want a simple method to give us great trades, right?
So I needed to augment EWT with other methods – and that was my motivation behind creating the tramline approach.
In some price charts, an advancing/declining wave often travels along the trading channel contained by two parallel lines – the upper line connecting the highs (resistance) and the lower line connecting the lows (support). This is crucial information as it allows me to forecast likely market turns.
The third pillar of my methodology is to use Fibonacci retracements (available on most trading platforms). These also give me highly accurate forecasts for targets and trend reversals.
If you would like to delve deeper into my method, my book Tramline Trading should prove useful (order on website).
This is an example of the detail contained in my charts. This is the Dollar Index 2-hr
The blue lines are my tramlines. The wave labels are my EWT analysis, and the dotted lines are the Fibonacci levels. All three of my methods are here in one chart. As it happened, my analysis was correct – the market started falling hard later that day – after advising members to short the dollar.
Can tops and bottoms be forecast?
Most amateurs and most professional claim this is impossible. You may believe it. Perhaps that is because you really haven’t got hold of a method of analysis that can offer that prospect.
What would you say that I can often do that with high accuracy with my methods?
How would you like to know in advance the likely direction of almost any market?
Sounds impossible, doesn’t it?
Then take a Free Trial to my VIP Traders Club and find out for yourself if I am bluffing!
My trading style
When I have found a promising setup, I look for an entry where I can set a close Protective Stop (PS) that limits my loss in case I am wrong. But before that, I estimate price targets that represent good profit/loss ratios.
When in a new trade, I then employ my two very simple Money Management rules to manage my risk as the trade progresses. New VIP Traders Club members receive Members Notes that spell out in full detail how to apply these with discipline.
What do you get as a new VIP Traders Club member?
You receive detailed Members Notes, and Daily Trade Alerts with new trades and updates on open trades sent between 8:30 am and 9:00 am UK time Monday-Friday.
Currently, we are trading Stock Indexes (Dow, S&P, Nasdaq, Russell 2000, FTSE 100, DAX), Currencies (most major crosses with the dollar), Metals (Gold, Silver), Softs (Cotton, Grains, Sugar, Cocoa, Coffee), Energy (Crude Oil, Natural Gas)
I give precise orders at specific prices with exact stop loss placements. I doubt if there is another trading service out there that can offer such precision.
The Members Notes contain practical suggestions on how you can manage your account in a professional manner.
I invite you to take a Free Trial and judge for yourself if I can help you on the road to trading success. But I must warn you, this is no Get Rich Quick scam. You need to bring some discipline and a desire to work a little for your success!
- Swing trade entries and exits with recommended Warning Levels
- Useful for spread betting and investing alike
- Focus on large cap issues both in UK and abroad (mainly US)
- Trade Alerts issued when I spot an opportunity to either buy or sell short
- Estimate 5 – 15 Trade Alerts in average month
- Will advise both long and short trades.
- Will regularly update my analysis of FTSE and Dow indexes.
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