Trending Markets vs. Consolidation Markets | Chris Moody

Trend following strategies work in trending markets. Consolidation strategies work in consolidating market environments. But how to traders know what environment they are in? Usually only after their specific strategy proves successful or not. Chris Moody a protege of Jake Bernstein discusses their Moving Average Channel Swing method that has proven to be successful in both trending markets and consolidation markets. Moody does not like to project his outlook on markets because it can get in the way of their rules-based approach. Tune in and learn their perspective and how to let the data and rules shape your trading.

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