The most important thing I learned a few years ago was that the market was a wave.
When I talk about waves, I don’t mean the popular Elliott Wave. I mean the AIMS WAVE.
- It helps the trader see the market in a smooth wave going above and below a certain Zero Line.
- It helps you ignore the going up and going down of the price concept.
For us technical traders, we don’t have an up and down as such specially in forex. All we see is eWave turning Red or Green.
Assuming you already know a bit about the wave. I know most of you will want to know the answer to this fantastic question.
The Big Question is: How to trade the third wave?
So when you begging to understand the Wave Concept you soon realise that the Gem of this Treasure is the Wave 3. This is the biggest most powerful wave. And the next logical step for most trades is to ask this next consequential question.
So the question then is, How to spot wave 1-2…
How to Spot wave 1-2?
The answer is disappointing to some but in reality, it’s very interesting. So the answer is that
“the way to find wave 1-2 easily is…
That There is no easy way. But hold on, keep reading…. ”
Lets first ask, Why is this a question? Why do we ask this question?
The question is raised because we see these beautiful often elusive wave 3’s. And we want to GET IN into those waves to make the most amount of profit. We all want to catch that BIG TRADE.
And that is why you want to know where is wave 1-2.
So is there a way to do that?
Wave 1 2 often occurs during the Sideways market or at the peak of terminating waves. Both spots are very risky and difficult to spot and catch.
We have an easier BETTER more profitable and Powerful way to trade The Illusive WAVE 3.
How to NOT Trade Wave 3 yet trade it at the same time.
Yes, We don’t trade wave 3, yet we do trade it. Paradoxical? You bet it is.
Step 2: Let it turn into wave 4 and then
This is a very high profitability strategy. It will give you a win rate of 70%
When you spot 3 and 4 you’re able to make sense where “was” wave 1 and 2. It’s not confirmed until you see a 3 and 4. So going into a new 3 is difficult unless you do a bit more work. And we don’t like more work. We like things simple.
Simply Trade Setup 1. The NEW Setup 1. We have redefined Setup 1 in 2017. This setup 1 gives us over 70% success rate.
|The Setup one on the AO or The AIMS Wave Oscillator Indicator|
|Picture of a perfect setup one trade on the USDCAD M1 chart|
|a $3000 profit setup 1 trade|
|A trade on the Canadian Dollar USDCAD with $772.40 and $220 Profit|