Trend refers to the general direction in which the market tends to move. If we know the general direction that the market is heading we can achieve a profit by simply riding on the natural course of the market’s flow. Here is an example of yesterday’s Crude Oil Futures with AbleTrend buy/sell signal Guidance Chart:
The market itself determines the most highly probable direction in which it is likely to continue, coupled with support and resistance levels. The trend and support and resistance levels are defined by the market’s own prices.
We cannot predict the trend – but we may follow it with ablesys trading indicators to our benefit. This is a major difference between the trading method that underlies AbleTrend, and other approaches to trading. The primary purpose of ablesys intraday trading software is to define a trend objectively so traders can follow the trend for profits in trading.
How much simpler – and more successful trading becomes when we get out of the predicting business and get into the business of simply following trends as they unfold before us.