These are the big questions I get on a daily bases from traders. Why am I losing money? Where is this market going? The answer is really simple.
For the largest group of traders consistently losing money (whether it’s a weekly timeframe, daily timeframe, one-hour timeframe, or day trading) the answer is market structure.
If there is a process and an indicator I could talk about for days it is the multi-trend. The multi-trend is a color-coded, exponential moving average indicator that recognizes whether we have bullish, bearish, or neutral momentum.
The market can only move in three directions. up, down and sideways, yet traders still stumble to find the direction of the market. See the multi-trend in action below. It will change how you see the structure and give you the missing piece, clarity.
