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not all of them distinguish between sessions in a clean and helpful way so in this post ill show the one that really proved to be what I was personally looking for. If there is a time overlap between these two sessions, which have different colors, the overlap period combines the two colors to create a third distinct color. This lesson will help determine when the best times of the day are to trade. It also makes it much easy to keep track of stats in a spreadsheet if you wish to track session relevant information.
Sydney and Tokyo: between 7:00 pm 2:00 am EST (EDT). First download the indicator from this link. Forex market is open 24 hours a day.
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Youll likely want to highlight your two chosen sessions with light colors. For example, you may only trade for a 2-hour window during the London or US session. Adjusts for standard time, but remember that when the.S. Shifts one hour back, Sydney actually moves forward by one hour (seasons are opposite in Australia ). Local Time, eDT, bST (GMT1 sydney Open 7:00 AM, sydney Close 4:00 PM 5:00 PM 2:00 AM 10:00 PM 7:00.