Forex regular trading hours gmt

Forex regular trading hours gmt

Posted: velib Date: 29.06.2017

When it comes to MT4 charts, not all brokers are created equally.

Best Forex Trading Times (Eu, Uk, Usa &Amp; Au) - Tutorial #5 - Youtube [Forex Market Sessions Gmt]

For example, most GMT brokers tend to have an additional candlestick such as Sunday candlesticks as well. While this might seem to be not much of an issue, when making use of pivot points especially daily pivots that are used on the intraday charts the pivot values vary quite differently.

Trading Hours | Holiday Hours | cozosen.web.fc2.com

The first chart below gives one such example. The GMT brokers tend to offer 6 days of candlesticks during a week, where the Sunday candlestick is also included.

Trading Hours | Exchange Opening and Closing Times | cozosen.web.fc2.com

As can be understood, the GMT brokers have an additional trading session i. Sunday for the week. Of course, some brokers tend to offer GMT server time but exclude the Sunday candlestick in order to maintain a uniform, 5 day trading week.

forex regular trading hours gmt

Technically speaking, the only difference between these two types of broker server times is the difference on the way the daily candlesticks are calculated. However, if you shift to a lower time frame, the hourly and forex regular trading hours gmt charts tend to be uniform as far as the candlesticks are concerned.

However, the differences are noticeable when you focus on the daily or H4 chart time frame candlestick patterns. How to find out GMT offset your broker?

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Forex market hours and trading sessions

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