MAXIMIZING TRADING EFFICIENCY WITH ROBOFOREX: UNDERSTANDING MARKET HOURS

Maximizing Trading Efficiency with RoboForex: Understanding Market Hours

Maximizing Trading Efficiency with RoboForex: Understanding Market Hours

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Understanding the trading hours of your broker is essential for effective market participation. RoboForex offers 24-hour trading from 12:00 AM Monday to 11:59 PM Friday, operating on Eastern European Time (EET), which adjusts between UTC+2 and UTC+3 during daylight saving periods. ​https://tradersunion.com/brokers/forex/view/roboforex/trading-hours/ 

The global Forex market operates continuously during the week, segmented into four primary trading sessions:​


  • Sydney Session: 10:00 PM to 7:00 AM GMT​

  • Tokyo Session: 11:00 PM to 8:00 AM GMT​

  • London Session: 8:00 AM to 4:00 PM GMT​

  • New York Session: 1:00 PM to 10:00 PM GMT


These sessions overlap at certain times, leading to increased market activity and liquidity. For instance, the overlap between the London and New York sessions, from 1:00 PM to 4:00 PM GMT, is considered optimal for trading due to heightened liquidity and narrower spreads. ​

RoboForex also provides trading opportunities in various stock markets, including the NYSE, NASDAQ, LSE, and others. The trading hours for stock markets can vary significantly depending on the exchange and location. For example, the New York Stock Exchange (NYSE) operates from 9:30 AM to 4:00 PM ET, while the London Stock Exchange (LSE) runs from 8:00 AM to 4:30 PM GMT. ​

It's important to note that while the Forex market operates 24 hours, not all currency pairs are equally active during all sessions. For example, the yen typically exhibits increased activity during the Asian session, while the euro is more active during the European session. ​

Additionally, RoboForex adjusts its server time to accommodate daylight saving time changes, operating on UTC+3 from March to October and switching to UTC+2 from November to February. Traders should also be aware of public holidays and market closures, as these can lead to variations in trading hours. ​

By familiarizing yourself with these trading hours and planning your activities accordingly, you can optimize your trading strategies and enhance your overall performance.

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