Here is a common chord progression used in many rock, blues, blue-grass and folk songs. The example in the chart below is in the key of C Major:
I - IV - V - I
C - F - G - C
The V chord (G) is commonly played as a dominant 7th to create more tension or pull to the I chord (C). The I, IV and V7 chords are the most important chords to learn. Here is the chord progression chart:
I - IV - V7 - I
C - F - G7 - C
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