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Trading during Europe session

  • #1
  • First Post: Feb 12, 2020 9:28pm Feb 12, 2020 9:28pm
Just trying to figure out the history of daylight savings as I am busy with backtest and want to get my timing correct

i am current trading with IC Markets which normally has GMT +2/3 depending on the US DSL, that is clear for me.
But according to history, did it always work like this?

And I want to only trade London and or Europe sessions. Does this sessions adjust with DSL, open at 8am during summer and open at 9 am in winter or does it always open at 8am?

i am looking to backtest from 2010, so any advice would be helpful
  • #2
  • Last Post: Feb 20, 2020 1:57am Feb 20, 2020 1:57am
Quoting hein123
Just trying to figure out the history of daylight savings as I am busy with backtest and want to get my timing correct i am current trading with IC Markets which normally has GMT +2/3 depending on the US DSL, that is clear for me. But according to history, did it always work like this? And I want to only trade London and or Europe sessions. Does this sessions adjust with DSL, open at 8am during summer and open at 9 am in winter or does it always open at 8am? i am looking to backtest from 2010, so any advice would be helpful
Hi,
Daylight saving time adjustments in UK/Europe have been with us since WWI so you can safely assume it exists for your backtesting.
Markets open at the same time, local time, all through the year. So, for example, London opens at 8am GMT in the winter (local clocks are on GMT) and also in the summer at 8am BST (= 7am GMT but the local clocks now are running on BST). Hope that helps
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