How to use the tool in EGM's Base Frame mode?

I’m trying to use Base Frame mode of EGM on IRB120 and having “Dynamic load too high” error. The robot tried to go up (+z) for a very short time (less than 1sec or 0.5msec) and stopped with the error.

What I tried was just to send the current position (translation position = 400, 0, 125, rotation = 0, 1, 0, 0) as a destination. The followings are a snippet of RAPID code I used. If you notice any mistakes, please let me know. When I used Tool Frame mode with the tool or Base Frame mode without the tool, they worked as expected. 

TASK PERS tooldata myTool:=[TRUE,[[0,0,275],[1,0,0,0]],[1.0,[0,0,60],[1,0,0,0],0,0,0]];

MoveJ p1, v100, fine, myTool;

EGMActPose egmID1\Tool:= myTool, corr_frame_offs, EGM_FRAME_WORLD, myTool.tframe, EGM_FRAME_BASE \x:=egm_minmax_lin1 \y:=egm_minmax_lin1 \z:=egm_minmax_lin1 \rx:=egm_minmax_rot1 \ry:=egm_minmax_rot1 \rz:=egm_minmax_rot1 \LpFilter:=4, \MaxPosDeviation:=1000 \MaxSpeedDeviation:=1000; 

EGMRunPose egmID1, EGM_STOP_HOLD \x \y \z \Rx \Ry \Rz \CondTime:=300 \RampInTime:=0.05 \PosCorrGain:=1.0;