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TPO and forex

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Grantx View Post
Ill try and simplify this question (I think) All times London.

What is the standard setting to represent a day on a TPO profile for EURUSD?

00:00 - 00:00. (Midnight to midnight)
08:00 - 22:00 (Brits and mericans together forget the Asians)
13:30 - 22:00 (Mericans only forget the rest)

Anyone using TPO?

Cheers.

The first markets in Australia open around 5pm Eastern US time on Sunday after a 48-hour break. All markets close by EOD Friday in the US, also around 5pm. So, the most logical "day" is roughly 5pm to 5pm Eastern US, 24 hours. That makes 5 actual days. This is roughly in line with the GLOBEX day for most products. Any other time leads to more than 5 "days," and if you tally the hours, the forex market is open for 5 out of 7 days.

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