How AIMS Setup 1 Caught 60 Pound Drop on This Stock IAG-UK

Let me show you how Setup 1 Works in the Stocks Market

We caught this signal on the UK Stock #IAG.

That was Start of May

Entry Price 525. Exit was predicted using AIMS Exit Method of TZ1 marked on the following chart

Exit Price 463

So You Took the Trade, your total Risk was $30 if it went against you. However, you made a profit of  $60 Drop.

Trading Report 3rd April 2019 [LESSON LEARNT]

Well the morning started with a trade on the M5 time frame.
I don't look at the market before London Open but today it had formed a setup 1 on the M5 time frame. I took the trade.

Once the trade was taken, I had no reason to look for a setup on m1. So did not trade on m1.

That went ok during the morning session but the market, later setup another Setup 1 during the US Session. And I played it with slight bias from the H1 chart. I thought it was extended and correction was possible. Which lead to a mistake.

DAX M5 Setup 1 Long - Entry - Looks Pretty Good  - THIS SETUP 1

I was looking at the levels to the left, which was peak of wave 3 and also peak of H1 chart. US News came out as well. Market was doing its usual "US SESSION" noise. I squeezed the oxygen out of my trade.

As soon as I saw marketing rejecting the Highs, I used M1 chart to Exit on Box Trail

So here is the lesson. I tried to play this trade with a bit of extra caution. I was trying ot be "clever". Its ok. This is how I trade. This time it did not work for me. But I learn my lesson. Which is, I should try to TRUST THE SETUP ONE. Let it do its thing. That would be much better in the longer term.

Later I saw the original plan was good. It hit TP 2% profit but I was out agest ago. 

ps: These are the Screenshot I share with my friends in our AIMS Live Trading Room. I chose some of them and share with everyone else. 

Why is Setup 1 a Higher Probability Setup

I won't go into too much detail but here is a quick way to show why setup 1 is a higher probability setup.

Our Motto is:

"Higher Probability Setups are Breakouts in the Direction of Higher Time Frame Trends" 

So Today , while I'm off trading for personal reason I had a quick look and thought I'll make a quick post about this pattern. Its very potent and happens multiple times every day. 

You probably won't understand the above fully if you don't know The Setup strategy and/or not a member of AIMS Family. But I hope it gives you an idea to build something on it. Or perhaps I might be able to entice you to join us. So please do whatever feels best. 

This vertical line shows the inside of the pullback on the earlier chart above

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