Free Digital Financial 24h Clock Online

[Stocktime]

free Market 24h Clock gadget + online clock

Financial 24h Clock Online – perfect tool for professional trader

Financial 24h Clock is meant for professional traders of Currency and Fund market.
There is a Free Digital version of the Clock on http://www.stocktime.ru/en/index.html website.

Due to the 24h clock dial, Financial clock demonstrate the principle of continuity in the world monetary and exchange trade. Financial Clock Dial represents trading hours of major world stock exchanges. It gives an opportunity to track market movement at particular moment in time. Surge in activity hours, when strong price movements take place on stock exchanges, are highlighted. These hours fairly coincide with an opening of leading exchanges or publication of important economic data.
Financial 24h Clock allows you to actually see the market, develop own trading strategy, appropriately and effectively organise trader's work time.

Concentric segments show trading session time on separate stock market. Hour-hand shows exchanges' working hours.

You will find free recommendations on using the Financial 24h Clock and free trading recommendations (http://stocktime.ru/en/strategy.html) on http://www.stocktime.ru/en/ website.

 

[Stocktime]

Market 24h Clock gadget

A new tool has been available since recent: Market 24h Clock gadget (free)

about: it is a gadget clock, a miniature of online Market (Financial) 24h Clock showing trading hours of major Stock Exchanges in UTC. It is coordinated with your computer time. Switch to Daylight Saving Time and revert to standard time are automatic.

You can download the gadget here (instructions included): http://stocktime.ru/en/screensaver.htm

I hope you'll find it useful/interesting!

 

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Android Market 24 Clock gadget is to appear on the Android Market soon!

 

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Everyone is welcomed to leave his/her impressions about the gadget!

 

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for those who have problems installing the gadget on 64-bit systems. There is a manual on youtube on how to fix that (it applies to any 32 bit gadget installation problems)!

http://www.youtube.com/watch?v=5usQpALRMwA

 

[Stocktime]

 

[capsmart]

I am watching your clock right now and it says that New York is not open yet while forex factory indicates an open New York market

 

[Stocktime]

The official web site of New York stock exchange says:

Trading Hours

NYSE, NYSE MKT and NYSE Amex Options are open from Monday through Friday 9:30 a.m. to 4:00 p.m.

http://www.nyx.com/holidays-and-hours/nyse

New York's standard time zone is: UTC/GMT -5 hours. The Market Clock works in UTC, so it is 14:30 UTC when NYSE opens, what the Clock displays.

 

[capsmart]

I see, then forex factory has the wrong time.

 

[Stocktime]

Trading strategy using the Market 24h Clock is represented here: http://mc24.ch/strategy.html

 

[Stocktime]

Trading using Market 24h Clock

Trading volume and volatility change for different currency pairs depend on the movement of the clock hands. You can trade more effectively, if you know which currency pairs are in the spotlight at any given time. Timing plays big role in currency trading.

Since currency market works around-the-clock, trader is able to watch every market movement attentively and to respond to it in time. In order to develop successful trading strategy, it is necessary to take into account changes in the market activity for various currency pairs in different time periods. It maximizes trading opportunities in your work hours.

In addition currency pairs' liquidity changes with geographical location and macroeconomic factors. Knowing what time of day one or another currency pair has the largest and most narrow trading range, you are able to improve your abilities in capital allocation.

This article examines the average trading activity on major currency pairs in different time intervals. It will help to determine when currency pairs are most volatile.

This chart presents data on the average range in pips for the different currency pairs in different time periods:

 

[Stocktime]

Asian session (Tokyo) 00.00-09.00 UTC

Trading activity in Asia is conducted in major regional financial hubs. During the Asian trading session, Tokyo takes the largest market share, followed by Hong Kong and Singapore.

Despite the flagging influence of the Japanese central bank on the forex market, Tokyo remains one of the most important dealing centers in Asia. It is the first major Asian market to open, and many large participants often use the trade momentum there as the benchmark to gauge market, dynamics as well as to devise their trading strategies.

Trading in Tokyo can be thin from time to time; but large investment banks and hedge funds are known to try to use the Asian session to run important stop and option barrier levels.

Following figure provides a ranking of the different currency pairs and their ranges during the Asian trading session. For the more risk-tolerant traders, USD/JPY, GBP/CHF, and GBP/JPY are good picks because their broad ranges provide short-term traders with lucrative profit potentials, averaging 90 pips.

 

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Foreign investment, banks and institutional investors, which hold mostly dollar-dominated assets, generate a significant amount of USD/JPY transactions when they enter the Japanese equity and bond markets. Japan's central bank, with more than $800 billion of U.S. Treasury securities, also plays an influential role in affecting the supply and demand of USD/JPY through its open market operations.

Last but not least, large Japanese exporters are known to use the Tokyo trading hours to repatriate their foreign earnings heightening the fluctuation of the currency pair. GBP/CHF and GBP/JPY remain highly volatile as central bankers and large players start to scale themselves into positions in anticipation of the opening of the European session.

For the more risk-averse traders, AUD/JPY, GBP/USD, and USD/CHF are good choices because they allow medium-term to long-term traders to take fundamental factors into account when making a decision.

 

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European Session 7.00-16.00 UTC

London is the largest and most important dealing center in the world, with a market share at more than 30 percent according to the BIS survey.

Most of the dealing desks of large banks are located in London; the majority of major forex transactions are completed during London hours due to the market's high liquidity and efficiency.

The vast number of market participants and their high transaction value make London the most volatile FX market of all.

 

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As shown in Figure (see below), half of the 12 major pairs surpass the 80 pips line, the benchmark that we used to identify volatile pairs with GBP/JPY and GBP/CHF reaching as high as 140 and 146 pips respectively:

 

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High volatility for the two pairs reflects the peak of daily trade activity as large participants are about to complete their cycle of currency conversion around the world. London hours are directly connected to both the U.S. and the Asian sessions: as soon as large banks and institutional investors are finished repositioning their portfolios, they will need to start converting the European assets into dollar-denominated ones again in anticipation of the opening of the U.S. market. The combination of the two reconversions by the big players is the major reason for the extremely high volatility in the pairs.

 

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For the more risk-tolerant traders, there are plenty of pairs to choose from EUR/USD, USD/CAD, GBP/USD, and USD/CHF, with an average range of 80 pips, are ideal picks as their high volatilities offer an abundance, of opportunity to enter the market. As mentioned earlier, trade between the European currencies and the dollars picks up again because the large participants have to reshuffle their portfolios for the opening of the U.S. session.

 

[Stocktime]

European Session 7.00-16.00 UTC

London is the largest and most important dealing center in the world, with a market share at more than 30 percent according to the BIS survey.

Most of the dealing desks of large banks are located in London; the majority of major forex transactions are completed during London hours due to the market's high liquidity and efficiency.

The vast number of market participants and their high transaction value make London the most volatile FX market of all.

 

[Stocktime]

As shown in Figure (see below), half of the 12 major pairs surpass the 80 pips line, the benchmark that we used to identify volatile pairs with GBP/JPY and GBP/CHF reaching as high as 140 and 146 pips respectively.

 

[Stocktime]

High volatility for the two pairs reflects the peak of daily trade activity as large participants are about to complete their cycle of currency conversion around the world. London hours are directly connected to both the U.S. and the Asian sessions: as soon as large banks and institutional investors are finished repositioning their portfolios, they will need to start converting the European assets into dollar-denominated ones again in anticipation of the opening of the U.S. market. The combination of the two reconversions by the big players is the major reason for the extremely high volatility in the pairs.