Cadchf:Starter's lessons

Good day new traders,
Those who ard starting to learn financial market lessons.
What is a trend?
A trend is a tendency for prices to move in a particular direction over a period of time.
There is 3 kind of trend in the market:
1- up trend:
Which price start to creat a series of higher high and higher low.
- Connet at least 3 point of this series and use your trendline.
-In upward moves this trend line supports buying.
-Do not put your stop loss under this line .
2- Down move:
- Which price start to creat a series of lower low -lower high
-Connet at least 3 point of this series and use your trendline
- In downward move this act as a resistances.
-Range move or sideway : A sideways trend is the horizontal price movement that occurs when the forces of supply and demand are nearly equal.
-So you can sell at resistance area and buy at support.this may continue until a group of buyers or sellers break one of this two area's.
Find upward-downward or sideway move's in your chart ,then put your trenline and look how it acts.
Identify a sideway zone which there is equilbrum between buyers and sellers which no one are winner's of battle.
This is a very important zone which we call it base ,where may a new move starts.
To learn more do this home works:
_Identify an up move which buyers control that market.
_Identify an down move which sellers control that market.


Have fun