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Old 07-24-2009, 09:12 PM
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Default Forex Trading Hours

Hi,

I am from singapore and i am newbie to forex trading. I just setup a account with ibfx and using e demo account as a practice now. May i know what are the time in singapore if

New York and London: from 8 am to 12 am (EST)
Sydney and Tokyo: from 7 pm to 2 am (EST)
London and Tokyo markets overlap one hour, from 3 am to 4 am. (EST)

Forex Trading Hours (EST):

Australia: 5pm - 1 am
Tokyo: 7 pm - 3 am
Singapore/Hong Kong: 9 pm - 5 am
Frankfurt: 2 am - 10 am
London: 3 am - 11 am

They are all in EST so i dun know how to count to singapore time. thanks
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Old 07-24-2009, 11:09 PM
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Quote:
Originally Posted by MasterIllegal View Post

May i know what are the time in singapore if ..........
Hi, MasterIllegal (what a screen-name! what do you do that's illegal?)

Regarding time conversions:

Singapore's time zone is SGT = GMT + 8. Singapore does not observe daylight saving time, but much of the world does. So, your trading times (in Singapore) will be affected twice a year, when various other countries go onto or off of daylight saving time.

For the next two months (until late September), here are the forex market hours (in Singapore time) for various locations:

4am-1pm ------- Wellington, New Zealand, regular business day 8am-5pm local time (NZST)

6am-3pm ------- Sydney, Australia, regular business day 8am-5pm local time (AEST)

7am-3pm ------- Sydney/Tokyo overlap

7am-4pm ------- Tokyo, Japan, regular business day 8am-5pm local time (JST)

3pm-4pm --------Tokyo/London overlap


2pm-11pm ------ Central Europe, regular business day 8am-5pm (CEST)

3pm-midnight --- London, UK, regular business day 8am-5pm (BST)

8pm-midnight --- London/New York overlap

8pm-5am ------- New York, USA, regular business day 8am-5pm (EDT)


I hope that helps you.

Clint

p.s. - additional resources --- timeanddate.com and World Clocks - Time Zones of The World

Last edited by Clint; 07-24-2009 at 11:18 PM.
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Old 07-25-2009, 12:28 AM
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Hi, MasterIllegal (what a screen-name! what do you do that's illegal?)
He could tell you... but then he'd have to kill you!
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Old 07-25-2009, 12:41 AM
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Since you're in Singapore, a cool trick to convert EDT is to simply switch the AM to PM.

For example, if it's 8:00am EDT New York, it's simply 8:00pm Singapore time.

This works until it switches back to EST.
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Old 07-25-2009, 02:42 AM
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Quote:
Originally Posted by Clint View Post
Hi, MasterIllegal (what a screen-name! what do you do that's illegal?)

Regarding time conversions:

Singapore's time zone is SGT = GMT + 8. Singapore does not observe daylight saving time, but much of the world does. So, your trading times (in Singapore) will be affected twice a year, when various other countries go onto or off of daylight saving time.

For the next two months (until late September), here are the forex market hours (in Singapore time) for various locations:

4am-1pm ------- Wellington, New Zealand, regular business day 8am-5pm local time (NZST)

6am-3pm ------- Sydney, Australia, regular business day 8am-5pm local time (AEST)

7am-3pm ------- Sydney/Tokyo overlap

7am-4pm ------- Tokyo, Japan, regular business day 8am-5pm local time (JST)

3pm-4pm --------Tokyo/London overlap


2pm-11pm ------ Central Europe, regular business day 8am-5pm (CEST)

3pm-midnight --- London, UK, regular business day 8am-5pm (BST)

8pm-midnight --- London/New York overlap

8pm-5am ------- New York, USA, regular business day 8am-5pm (EDT)


I hope that helps you.

Clint

p.s. - additional resources --- timeanddate.com and World Clocks - Time Zones of The World
bro, really thanks for the info... appreciate it!!!

how do you know that Singapore does not observe daylight saving time, and Singapore will be affected twice a year, when various other countries go onto or off of daylight saving time. U say that end of september e timing would go again? thanks
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Old 07-25-2009, 02:44 AM
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Quote:
Originally Posted by ForexNinja View Post
Since you're in Singapore, a cool trick to convert EDT is to simply switch the AM to PM.

For example, if it's 8:00am EDT New York, it's simply 8:00pm Singapore time.

This works until it switches back to EST.
bro, EDT and EST is the same??? really very blur on all those timing...
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Old 07-25-2009, 03:20 AM
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Originally Posted by MasterIllegal View Post

how do you know that Singapore does not observe daylight saving time, and Singapore will be affected twice a year, when various other countries go onto or off of daylight saving time. U say that end of september e timing would go again?
You can use this web-page Current local time in Singapore – Singapore to verify that Singapore does not observe daylight saving time.

All the times that you asked for (except the times for Tokyo) will change in the Fall, when New Zealand and Australia go onto daylight saving time, and Europe, Britain, the U.S. and Canada all return to standard time. Japan does not observe daylight saving time.

These changes will occur on 4 different dates between September 27 and November 1.

When these changes occur, the times which I gave you in the last post will change. That will affect your trading times.

Quote:
Originally Posted by MasterIllegal View Post

EDT and EST is the same???
No, they are not the same.

EDT is Eastern Daylight Time --- the time zone for the eastern U.S. and Canada during the summer. EDT = GMT - 4 hours.

EST is Eastern Standard Time --- the time zone for the eastern U.S. and Canada during the winter. EST = GMT - 5 hours.
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Old 07-25-2009, 05:12 AM
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Quote:
Originally Posted by Clint View Post
You can use this web-page Current local time in Singapore – Singapore to verify that Singapore does not observe daylight saving time.

All the times that you asked for (except the times for Tokyo) will change in the Fall, when New Zealand and Australia go onto daylight saving time, and Europe, Britain, the U.S. and Canada all return to standard time. Japan does not observe daylight saving time.

These changes will occur on 4 different dates between September 27 and November 1.

When these changes occur, the times which I gave you in the last post will change. That will affect your trading times.



No, they are not the same.

EDT is Eastern Daylight Time --- the time zone for the eastern U.S. and Canada during the summer. EDT = GMT - 4 hours.

EST is Eastern Standard Time --- the time zone for the eastern U.S. and Canada during the winter. EST = GMT - 5 hours.
but how do i know which dates does the changes occur? and any website to just key like example London: 3 am - 11 am EST then i know what is the Singapore time? thanks
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Old 07-25-2009, 06:39 AM
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Find where you are in the world then work it out, eventually it will become second nature to know the times.

Attached Images
File Type: jpg timezones (1000 x 578).jpg (48.1 KB, 62 views)
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Old 07-25-2009, 07:30 AM
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Originally Posted by MasterIllegal View Post

but how do i know which dates does the changes occur? and any website to just key like example London: 3 am - 11 am EST then i know what is the Singapore time? thanks
I have already given you the website which will answer all of your questions --- timeanddate.com

Read the website.
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