Nikkei 225 mystery, should close at 3PM in japan, but not in MT4. how its possible? | Forex Factory

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Attachments: Nikkei 225 mystery, should close at 3PM in japan, but not in MT4. how its possible?
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Nikkei 225 mystery, should close at 3PM in japan, but not in MT4. how its possible?

  • #1
  • First Post: Sep 27, 2010 4:39pm Sep 27, 2010 4:39pm
This puzzles me,

i assume that the Nikkei stops at 3 Pm japanese time ( checked internet for validation. ), however my chart in metatrader 4 keeps on showing chart activity till the dow jones in america finnishes.

how is this possible?

why does the chart keeps on updating in metatrader 4,while nikkei has already been closed for a longtime today.

thanks

Trade4Fun
Attached Image (click to enlarge)
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  • #2
  • Sep 27, 2010 6:51pm Sep 27, 2010 6:51pm
Quoting trade4fun
This puzzles me,

i assume that the Nikkei stops at 3 Pm japanese time ( checked internet for validation. ), however my chart in metatrader 4 keeps on showing chart activity till the dow jones in america finnishes.

how is this possible?

why does the chart keeps on updating in metatrader 4,while nikkei has already been closed for a longtime today.

thanks

Trade4Fun
It's a futures chart, not the index itself, so pretty sure it can be traded 24 hours a day on Globex (or on these MT4 brokers that offer it).
  • #3
  • Sep 28, 2010 5:09am Sep 28, 2010 5:09am
thank you once again,

so there is no chart of the nikkei 225 that will stop when it really is closed in metatrader4?
  • #4
  • Sep 28, 2010 9:18am Sep 28, 2010 9:18am
Quoting trade4fun
thank you once again,

so there is no chart of the nikkei 225 that will stop when it really is closed in metatrader4?
Sure thing, glad to help.

Not that I know of. There are individual stocks on MT4 that are the actual stocks and they stop when the DOW closes for example, but not aware of that being available for indexes. But the futures chart serves the purpose fine for me. I keep an S&P 500 chart up when trading forex, and it matches up with the live index almost tick for tick.
  • #5
  • Sep 29, 2010 3:02am Sep 29, 2010 3:02am
thank you, hopefully it will get add in someday in metatrader, that would be nice.
  • #6
  • Oct 5, 2010 7:36am Oct 5, 2010 7:36am
I traded for 18 hours. I did trade it from 6.45 GMT+7 to 23.59 GMT+7

It takes break between Tokyo session and London session. On the London session it was started from Chicago. So if the japan got holiday, the Nikkei futures will be operating on the second session only.
  • #7
  • Last Post: Oct 13, 2010 5:05pm Oct 13, 2010 5:05pm
Quoting trade4fun
This puzzles me,

i assume that the Nikkei stops at 3 Pm japanese time ( checked internet for validation. ), however my chart in metatrader 4 keeps on showing chart activity till the dow jones in america finnishes.

how is this possible?

why does the chart keeps on updating in metatrader 4,while nikkei has already been closed for a longtime today.

thanks

Trade4Fun
Yes Nikkei 225 opens from 9:00 a.m- 11:00 a.m and then from 12:30 p.m- 3 P.m japan time. From 11:00 a.m- 12:30 p.m, Japanese take their lunch- Sushi and rice

Your MT 4 broker is a market maker. Your broker is making up its own prices based on movement in Dow future, FTSE futures etc. The real trading at Tokyo stock exchange ends up at 3:00 p.m while the futures trading in these artificial brokerages continue. They apply algorithm to make up the prices artificially.

Abandon these silly market makers. They are jacking up prices up and down. It is horrible. Be a man. Trade on real exchange. I love my order going in exchange book and seen by buyers and sellers.

Get away from these artificial brokers who are making up their own exchange !
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