As you can see in this table, the best time to trade Forex is generally between 10:00 and 16:00 SAST (South Africa Standard Time). 10:00 SAST is when the London session opens and 16:00 is one hour into the U.S. session. For instance, in South Africa, the trading hours would differ from the trading session of London slightly, but there will a huge difference in the forex trading hours when compared to Tokyo. As can be seen from the Forex trading sessions, there is an overlap of trading hours between two zones every time their shift starts and ends. In South Africa, the best time to trade Forex is when the Forex market is active, which indicates that more volumes of trades are made available in the market. Actively traded markets create more possibilities to trade and make profits, while quiet and slow markets will actually waste your efforts and time. Rather, the market consists of a network of financial institutions and retail trading brokers which each have their own individual hours of operation. Since most participants trade between the hours of 8:00 a.m. and 4:00 p.m. in their local time zone, these times are used as the market open and close times, respectively. The most favorable trading time is the 8 a.m. to noon overlap of New York and London exchanges. These two trading centers account for more than 50% of all forex trades. On the flipside, from 5 p.m. to 6 p.m., trading mostly happens in the Singapore and Sydney exchanges, where there is far less volume than during the London/New York window. The Best Hours for Forex Trading Currency trading is unique because of its hours of operation. The week begins at 5 p.m. EST on Sunday and runs until 5 p.m. on Friday. Not all hours of the day are
As you can see in this table, the best time to trade Forex is generally between 10:00 and 16:00 SAST (South Africa Standard Time). 10:00 SAST is when the London session opens and 16:00 is one hour into the U.S. session.
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Sunday shopping or Sunday trading refers to the ability of retailers to operate stores on Sunday Before the liberalisation of shop opening hours in a country like Austria, for example, one could observe an There are no specific restrictions on Sunday shopping in South Africa, but it tends to be limited to supermarkets and
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The hot zones for Forex Trading in South Africa are: When Tokyo and London’s markets overlap (between 9am and 10am South African time); And when London and New York’s markets overlap (between 3pm and 7pm South African time)
For instance, in South Africa, the trading hours would differ from the trading session of London slightly, but there will a huge difference in the forex trading hours when compared to Tokyo. As can be seen from the Forex trading sessions, there is an overlap of trading hours between two zones every time their shift starts and ends.