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Hi there!
The Forex market opens 24 hours, it on Sunday night (5 PM EST) and closes on Friday afternoon (4PM EST).When the Asian market closes its doors, the European market starts followed the US market then the Asian market open it doors again and etc.
During this period you have the freedom to trade in the Forex market anytime and whenever you want. This Time-Freedom-Trade is one of the characteristic that makes the popularity of trading Forex.  However, not all the times are suitable for trading Forex that’s because the volatility of the market changes too much during the 24 hours according to the major countries (markets) opens, closes and overlaps.
So, the question “When to trade?” is a very important question for any trader seeks profit in the Forex market, whatever your trading style is.
World time:
Let’s talk about the world time to […]

Mike Parnos, OTA Options Specialist, uses week five to discuss the importance and use of a ‘collar’ for covered calls.
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Hi there!One of the most exciting aspect of the Forex market that makes it an unique trading experience is that you can make profits from the price rising and also from the price falling. I.e. when you buy a currency pair - say EURUSD - and when the price of this pair raises (which means the price of EUR raises against the USD) you make profit equal to this raising in the price. And when you sell the same pair - EURUSD and the price of EUR fails against the USD you make profit from this failing.
The price of any pair is between the raising and failing in a cycle mode and the opportunities of profit (and loss) are unlimited!
Our trade style today is how the trader benefits from the cycle movements of the currencies prices!
Three types of traders:
According to how long […]

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Fernando Gonzalez continues his discussion of the downward turn of markets and gives an update on gold.
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