DislikedHi Seneca,
Just starting to read your thread.
"08:00 London open. Still the biggest forex market in the world. This is also the Tokyo close."
Isn't Tokyo close like 1-hour AFTER London's open and not the same as London's Open?
"10:30 First London gold fix."
"15:00 Afternoon gold fix."
Don't understand what is a Gold Fix mean and what actually happens here?
What is the significance of this Gold Fix to the forex trading?
Thanks.Ignored
http://www.forexmarkethours.com/
You are correct currently Tokyo closes at 04:00 Eastern. During the summer Daylight savings is when it lines up with London open. Doesn't really affect my trading. I don't trade the fix I know there are some strategies out there that use the fix but I don't know them.