[B]We’re approaching the time of year when:[/B]
[ul]
[li]portions of the northern hemisphere will go onto Daylight Saving Time, and
[/li]
[li]portions of the southern hemisphere will return to Standard Time.
[/li][/ul]
[B]Here’s the schedule for time changes occurring over the next 4 weeks:[/B]
March 13 — U.S. and Canada will go onto Daylight Saving Time
March 27 — U.K., Ireland, Europe and Russia will go onto Daylight Saving Time
April 3 ------ New Zealand and southeastern Australia will return to Standard Time,
and Mexico will go onto Daylight Saving Time
(Portions of the U.S., Canada, Australia, and Mexico, will not participate in these changes. See the Notes, below.)
Traders in every country around the globe will be affected by these changes — even traders in countries which do not participate in Daylight Saving Time.
It’s a mess, even for veteran traders who can figure time zones in their heads. For newbies,who are just getting familiar with this worldwide, 24-hour-per-day market, these time changes can be intimidating.
If we take these changes a step at a time, I think we can minimize the confusion and make the next 3 weeks fairly painless.
Later this week, I’ll post specific information on next Sunday’s (March 13) time changes in the U.S. and Canada.
Then, prior to the March 27 and April 3 changes, I’ll post reminders of what’s coming.
[B]Notes[/B]
[B]1.[/B] Here is a partial list of countries and regions which do not observe Daylight Saving Time: a portion of Australia (see list below), Philippines, Japan, Korea, Singapore, Hong Kong, Taiwan, China, India, South Africa, Jamaica, a portion of the U.S., a portion of Canada, and a portion of Mexico (see lists below).
[B]2.[/B] These states in Australia remain on Standard Time year-round: Queensland (Brisbane), Northern Territory (Darwin), and Western Australia (Perth).
[B]3.[/B] These states, which comprise southeastern Australia, observe Daylight Saving Time: New South Wales (Sydney), Australian Capital Territory (Canberra), Victoria (Melbourne), South Australia (Adelaide), and Tasmania (Hobart).
[B]4.[/B] Here are the parts of the United States which remain on Standard Time year-round: Arizona, Hawaii, and the U.S. Virgin Islands.
[B]5.[/B] Here are the parts of Canada which remain on Standard Time year-round: a large portion of Saskatchewan, and small portions of British Columbia and Quebec.
[B]6.[/B] Regarding Mexico: Baja California will go onto Daylight Saving Time on March 13 and return to Standard Time on November 6, along with the U.S. The state of Sonora remains on Standard Time year-round. The rest of Mexico will go onto Daylight Saving Time on April 3.
[B]7.[/B] A note about Europe: all of the countries comprising the Eastern, Central and Western European Time Zones will go onto Daylight Saving Time on March 27 and will return to Standard Time on October 30. This is essentially all of continental Europe, a geographical region which includes the European Union and the Euro Zone, as well as several countries which are not part of either the E.U. or the Euro Zone.
[B]8.[/B] Information on time changes was verified at — Daylight Saving Time Around the World 2011