Entry Rules

How to Find a Trading Setup?

Here is how we look for trading opportunities. We will wait for a signal generated by the AIMS Entry Alert V5.1. We learned in the previous lessons that AIMS Entry Alert generates 5 types of signals. We shall use those signals. Whenever we see a Dot Alert, we shall validate or filter the signal by using step by step  questions. These questions have been put into a flowchart format.

We have also learned in the previous lessons how to interpret and read the information generated by the 3 Indicators, namely, AIMS The Gator, AIMS The Box and AIMS The Wave Indicator. We will now put all those indicators together and use them to identify Trading Opportunities.

Put Simply, we Wait for “DOT ALERT” then we check The Three Rules. In practice, you will be checking the flowchart but for now let’s first understand the 3 simple rules.

The Three Rules

The following rules confirm our Setup: –

Rule # 1 Is the AIMS Gator Sleeping?

Rule # 2 Is the AIMS Wave Histogram Near the Zero Line?

Rule # 3 Is the AIMS Box Creating Tight Boxes?

The indicators generate information constantly but we take a trade only when all three indicators generate certain information simultaneously. It is the confluence of certain conditions that form the perfect hunting season. We have established rules that serve as criteria for us to create what we call The Setup.

The next lessons will explain the rules in further detail.