TA Basics : Lessons

T

taruj

Member
#12
#12
I am a newbie. I have just started reading the lessson on informedtrades.com. They are really cool.

Can somebody please explain in a slighly greater details, what is an UPTREND? is it when todays high (not close) is higher than yesterday's intraday high. or is it when todays close is higher than yesterday's close.

Same question for DOWNTREND is it when is it when todays low is lower than yesterday's intraday low. or is it when todays close is lower than yesterday's close.

Thanks is advance...
 
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