![]() None of the analysis that you have made, either fundamental or technical, would be useful at times of low liquidity as the market is rocked this way. It is always good to avoid times of low liquidity as the prices tend to be either very less volatile or too volatile and you, as a trader, would not be in a position to comprehend the moves that happen in the market. Then the NY session brings in even more volatility and liquidity into the mix and that is when the full flow of the market is seen.Īgain, if you are in South Africa for example, it is important for you to understand the forex market hours as in South Africa so that you can plan your trade accordingly. It picks up even further during the London session, even though the Sydney session is closed by then, as the major banks and hedge funds of the world have a branch in the UK and they join the trading and increase the liquidity in the markets. It is low during the Sydney session and it picks up as the Tokyo session begins and the traders from Japan join those from Australia. So how do you use forex market hours clock while trading? The liquidity and the volatility varies from session to session. The London session opens at 7 AM GMT and closes at 4 PM GMT during summer (with one hour delay in winter) while the NY session opens at noon GMT and closes at 9 PM GMT during summer (with one hour delay in winter). The Tokyo session opens at 11 PM GMT and closes at 8 AM GMT all through the year. The Sydney session begins at 10 PM GMT during summer (between April and October) while it begins at 9 PM GMT during winter. ![]() The markets have been democratic is splitting these sessions across continents with one session each in Australia, Asia, Europe and the Americas. ![]() There are 4 market sessions based on timings and these are the Sydney session, the Tokyo session, the London session and the New York Session. Now that we have set the base timezone as GMT, we move on to understand the available forex market sessions. Due to all these factors the forex market hours in India are likely to be very different from the forex market hours in South Africa, for example. They will also have to keep in mind the Daylight Saving Time in their region so that they can calculate the market hours correctly. Traders will have to find out whether they are ahead or behind the GMT and by how many hours.
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