Skip to main content

John wants to know if there will be enough trades on daily time frame

Q:  A full time job restricts me to trading daily/weekly charts. Is the AIMS system worthwhile on those timeframe? I assume the system will determine sound entry points, but will there be (generally) enough trades to make the system effective

Hi John
New, inexperienced traders worry about having enough setups. Would I get enough setups? Would I have to wait for days? but the professionals are always busy filtering the setups. They find too many setups and remain busy filtering them. Its not a search for "hard to find" trading signals or setups its rather a skill, a decision making process of choosing the right signals. You need the right set of tools and rules to do that successfully. This is #AIMS. This is #AIMSStressFreeTrading 
Yes there will be plenty opportunity on the daily or weekly time frames. Yes, they wont be as frequent as the shorter time frames (timewise) but they will appear in the same proportion. 

We believe in the "Science of Chaos". We believe the market is a product of chaos and a great example of fractal geometry. Think waves within waves within waves. If the market is fractal geometric then the frequency of trades per time frame will always remain the same. 

Let me try to explain this using analogy E.g. if an M1 chart creates a setup each set of 7 Candles/Bars that means the daily chart will also create a setup every 7 candles/bars. The only difference is that time wise a setup will appear every 7 min on an m1 chart but every 7 days on a daily chart. 

Check this Trade I just took on EUR/JPY. It took 15min to complete. Its a nice 1.5% account growth. A similar trade on Daily time frame would take 15 days and raise your account by 1.5%. Not bad I would say. 

Here is an example of a recent trade on AUD/CAD on Daily Time frame. The trade was a 2% account growth on this entry but an overall over 5% trade (we add on using our techniques). The trade took 45 candles (i.e. days as its a D1 chart) to complete. 

We believe that if a Setup, a trading signal setup, does not apply to all time frames, if a trading technique does not apply in similar way to all the time frames, it is probably a false setup. It is not correct, it is not in line with the "structure of the market". We know the structure of the market. We believe the market is not "un-organised". Its not noise. It is highly organised and it has a structure. That structure is the same no matter what time frame you trade. 

This is #AIMSStressFreeTrading! 

IT works on ALL Time Frames, All Currencies and All Commodities and Stocks. You just have to find the "Courage" to trade it. 

Popular posts from this blog

Count Elliott Wave within 10 Seconds

After Reading this material you should be able to do the following:
Objective 1. Understand Elliott WaveObjective 2. Count Elliott Wave within 10 SecObjective 3. Learn how to use AO
Objective 1

What is Elliott Wave? 

We believe the market has a structure. That structure is Elliott Wave. We also believe that the structure also has a structure and that structure is shown to us on our charts by using our indicator AIMS Levels. EW consists of impulse waves and corrective waves. We are interested in trading the impulse waves and avoid the corrective waves.

Which wave is most profitable and easy to trade?   

Wave 3 is where we make money. Our strategy puts us right into the impulse waves, where the money is made.

Hypothetically, this is how Elliott Wave looks like.

Within each Impulse wave there are 5 waves.  of which wave 1,3,5,  are again impulse waves whereas wave 2 and 4 are corrective waves.

An impulse wave consists of sequence of 5 waves starting from 1 up 2 down 3 up and 4 down an…

Count Elliott Wave in 10 Sec

Example of Setup 1 and Setup 2. In the Chart below the blue arrow that point to the Red Dot is the spot which we Call Setup 1. The next AIMS/Fractal Level immediately after it broke down is what we call Setup 2. At the Red Dot alligator was sleeping. While at the second break Alligator mouth was open to the downside. 
Updated 11:00 BST

How to Trade Wave 3 Make HUGE PROFITS

The most important thing I learned few years ago was that the market was a wave. Well not the market, but the charts that we look at. It always moves in waves. Someone actually named them after themselves but we don't really need that lovely name (Elliott Wave). Because we don't need to complicate things.

When I talk about waves, I don't mean the popular Elliott Wave. I mean the WAVE we have on the most beautiful indicator called, ahem it has many names, AO, The Awesome Oscillator, The eWave, AIMS Wave etc.  It helps us 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 this fantastic question. How to trade the third wave?

They all ask that question, and s…