The 3 Simple Rules The Setup Forex Trading Strategy

Let’s now put everything together. In the previous lessons, you have learned how to interpret information generated by the three AIMS indicators. In this Lesson, we will learn to understand how to use the indicators, in a specific way, to make trading decisions. We will learn how to enter, when to enter and when and how to exit trades.

The Setup is a trade signal, a trade opportunity for when we have confirmation that three simple rules criteria has been met.

Once you have understood how to interpret the AIMS Indicators, identifying a Setup should take a matter of seconds. The Three Rules effectively mean interpreting information generated by our three indicators. It is the confluence of three dimensions, the information generated by the market and sent to us via our three indicators, which create the perfect environment for taking a trade.

In the beginning, you might find the experience akin to learning to ride a bicycle for the first time. You might find yourself looking for each indicator and rule separately and might feel a bit uncomfortable.  I promise you that as you practice, the time will soon come when you won’t have to look at the rules; they will become a natural part of the picture for you. You’ll soon become a ‘picture trader’. You’ll be able to simply glance at any chart and within a second you will know if there’s a Setup or not.

To begin, I suggest you focus on learning to balance the bike, then once mastered go for a ride around the city in style. We use our conscious mind during the process of learning. With practice, the knowledge is transferred to the right part of the brain. Remember when you were learning to drive for the first time …?

Remember to “Trade what you SEE not what you THINK”