Market Hours (Forex)
Forex operates from Monday to Friday in 24h basis. Local market hours (e.g. Tokyo, Singapore, London, New York etc) have a direct relation to the trading volumes and the prices volatility. Especially when market hours overlap to each other, largest trading volumes are being observed. Editor's preference is 05.00 - 09.00 UTC (GMT), in which for this H4 timeframe Asian and European markets coincide. Finally, an informational element: London’s City brokers are responsible for 30% of the international daily trades in Forex.
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