The easiest way I could think is to use the flat file tracelistener instead of the xml trace listener. Add a TextFormatter and sort of convert it to an XmlFormatter by modifying the Template property. For example, this is how the TextFormatter looks
Modify it so that each value you want to display is wrapped in an xml element and enclose it in a LogEntry element or anything you like:
Assign this as your flat file trace listener's Formatter and don't forget to remove the headers and footers.
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