The return to Standard Time in North America, beginning on Sunday, November 1.
On Sunday, November 1, the U.S. and Canada will return to Standard Time. This time change will affect traders around the world, as described below. This will be the last time change for 2009.
The time relationships resulting from this change will last until March 14, 2010, when countries (starting with the U.S. and Canada) once again begin switching to Daylight Saving Time.
1. In the U.S. and Canada, 8 time zones will be affected by the November 1 change. (See the Notes for the complete list.)
Clocks will be turned back one hour (in most locations), early Sunday morning. (See the Notes for a list of exceptions.)
For (most) traders in North America, forex market times in the U.S. and Canada will not change; but, forex market times in other parts of the world will be one hour earlier than before.
Example: for traders in the eastern U.S. and Canada, the EDT time zone (GMT-4) will change to EST (GMT-5). Traders in this time zone will see the start of the business day in Australia (8am AEDT) shift to 4pm EST (from 5pm EDT currently); and they will see the start of the business day in Europe, and the U.K., return to their "normal" times of 2am EST, and 3am EST, respectively.
2. For traders in all other locations worldwide, forex market times in the U.S. and Canada will be one hour later than before.
For example, traders in Australia will see the start of the U.S. business day (8am EST) shift to midnight AEDT (from 11pm currently).
For traders in Europe, the 8am EST start of the business day in New York will return to its "normal" time of 2pm CET (from 1pm currently).
And for traders in the U.K., the start of the U.S. business day will return to its "normal" time of 1pm GMT (from 2pm currently).
4. For traders in North America who trade the London Breakout Strategy on the London Breakout-1 thread,
the five-candle period used in that strategy will shift to one hour earlier than before.
For example, in the eastern U.S. time zone, the five-candle period will return to its "normal" time of midnight-5am EST
(from 1am-6am EDT, currently).
For traders elsewhere in the world, there will be no change to the five-candle period.
1. In the 8 North American time zones, changes will occur as follows:
NDT -- (Newfoundland Daylight Time, GMT-2.5) will change to NST (Newfoundland Standard Time, GMT-3.5)
ADT -- (Atlantic Daylight Time, GMT-3) will change to AST (Atlantic Standard Time, GMT-4)
EDT -- (Eastern Daylight Time, GMT-4) will change to EST (Eastern Standard Time, GMT-5)
CDT -- (Central Daylight Time, GMT-5) will change to CST (Central Standard Time, GMT-6)
MDT -- (Mountain Daylight Time, GMT-6) will change to MST (Mountain Standard Time, GMT-7)
PDT -- (Pacific Daylight Time, GMT-7) will change to PST (Pacific Standard Time, GMT-8)
AKDT - (Alaskan Daylight Time, GMT-8) will change to AKST (Alaskan Standard Time, GMT-9)
HST -- (Hawaiian Standard Time, GMT-10) will not change.
2. The following locations in North America do not observe daylight saving time. For these locations, forex market times in the U.S. and Canada will shift to one hour later than before; but, forex market times in all other parts of the world will remain unchanged.
in the U.S.: Arizona, Hawaii, and the U.S. Virgin Islands
in Canada: large portions of Saskatchewan, and small portions of British Columbia and Quebec
3. For the next 19 weeks (from November 1, 2009, to March 10, 2010), time zones in selected forex-trading regions will be:
GMT+13 --- NZDT New Zealand
GMT+11 --- AEDT southeastern Australia (Sydney, Melbourne, Canberra, etc.)
GMT+9 ---- JST Japan, and KST Korea
GMT+8 ---- SGT Singapore, HKT Hong Kong, CST Taiwan, and WST Western Australia (Perth, etc.)