LearnerGuru![]() Member ![]() Posts: 29 Joined: 12/3/2009 ![]() | GLOBEX STRATEGIC POINTS 06:00 pm Beginning of the Trading day 08:00 pm Opening of the Trading Session in Sydney 08:00 pm Beginning of the Tokyo Trading Session Trading gets more dynamic. It is worth to check if there are any current corporate relations between Asian investors. Keep an eye on news and headlines. 09:00 pm the 2nd hour of the Tokyo session. Singapore opens Within these 30 minutes time frame or right before the Chinese session starts, Euro usually declines until the very moment of the opening of Shanghai and Hong Kong. 10:30 pm The 2nd hour of the Chinese session. Euro grows If China is selling some part of its U.S. Dollars, it makes Euro grow. Pay attention to the actions of the Chinese Markets. If the Chinese buy Euro, then everything is predictable. But if they buy dollars, the whole day might be like a “casino”. 01:00 am The last hour of Tokyo session 02:00 am End of the Sydney Session 02:00 am End of the Tokyo Session The end of the high volatility and liquidity period on Asian-Pacific markets 03:00 am End of the Shanghai Session If Euro has been actively sinking till this hour, China will usually drive Euro up after the Tokyo closes. 02:00 am – 03:00 am is in a manner of speaking the “Chinese hour” on the market. Hong Kong, Shanghai and Singapore are still open and take matters into their hands causing the growth of Euro. 03:00 am European Session starts London Stock Exchange, FBW Frankfurt, SSE Zurich enter the market and the European - Asian overlap starts. According to my observations Euro selling normally prevails over the first hours of the trade. Forex trends begin during the trading hours of the Europe and will usually continue until the beginning of the U.S. session. Liquidity goes down closer to lunchtime. ------------------------------ 05:00 am End of the Singapore and the Asian Trading Sessions 07:00 am Trading is drawing to a close on the Middle Eastern Oil Markets 08:00 am End of the Middle Eastern session 08:30 am U.S. Core Session starts in 1 Hour 09:30 am Core trading session in the U.S. and Canada starts 10:30 am 2nd hour of the U.S. Session. Last hour of the European Session 11:35 am End of the European Session 03:00 pm The Last Working Hour of the U.S. Session 04:00 pm End of the U.S. Trading Session 05:00 pm End of the current Trading Day |