All language subtitles for 4. Trend

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Would you like to inspect the original subtitles? These are the user uploaded subtitles that are being translated: WEBVTT 00:09.730 --> 00:14.260 What is a trend? The trend is simply the direction of the market, 00:14.290 --> 00:17.150 so which way the currency pair is moving. 00:17.530 --> 00:22.960 But when you have a look at the chart, the first thing that you notice is that there is no straight 00:22.960 --> 00:26.780 line to help you to identify any direction. 00:26.890 --> 00:36.520 You never see something like this, but you can see something like this. Even if it is quite obvious that 00:36.520 --> 00:37.980 the price is going up, 00:38.080 --> 00:42.230 How can you say that? Let's analyze this example. 00:42.550 --> 00:48.190 You need to have a look at the highs and lows that are formed on the market. In this example, we start 00:48.190 --> 00:49.000 from here 00:49.150 --> 00:53.450 and the price goes up before having a change of direction. 00:53.620 --> 00:59.430 So just focusing on these three points, we can say that the first one is the first low. 00:59.560 --> 01:05.080 Then the price reaches a high and then it goes back to form a second low. 01:05.410 --> 01:08.800 Then it starts to go up again and we have a new high. 01:08.890 --> 01:13.810 And then at the end we have the price that forms the third low. 01:13.890 --> 01:17.190 Now, are these highs and lows growing? 01:17.560 --> 01:18.450 Yes. 01:18.520 --> 01:24.760 The second low has a higher price than the first one and the third low has a higher price than the second 01:24.760 --> 01:25.680 one. 01:25.690 --> 01:27.650 The same thing for the highs. 01:27.910 --> 01:31.530 So you can say that the price is not going up as a straight line, 01:31.690 --> 01:39.300 but, overall, the price is going up because new highs and new lows are higher than the previous ones. 01:39.310 --> 01:47.130 This concept defines an uptrend. When new highs and new lows are always lower than the previous ones, 01:47.290 --> 01:49.830 we have a downtrend. 01:49.900 --> 01:56.590 We also have a third type of trend, that is the situation when the price is not going up but it's not 01:56.590 --> 01:58.220 even going down. 01:58.270 --> 02:01.550 This trend is called Sideways trend. 02:01.600 --> 02:09.160 In this situation the price moves in a range that is defined by a support at the bottom and a resistance 02:09.160 --> 02:09.930 at the top. 2338

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