Trading Around News Time

Best Binary Options Brokers 2020:
  • Binarium
    Binarium

    The Best Binary Broker 2020!
    Perfect For Beginners!
    Free Trading Education!
    Free Demo Account!
    Get Your Sign-up Bonus Now!

  • Binomo
    Binomo

    Good Broker For Experienced Traders!

How to Trade Forex on News Releases

One of the great advantages of trading currencies is that the forex market is open 24 hours a day, five days a week (from Sunday, 5 p.m. until Friday, 4 p.m. ET). Since markets move because of news, economic data is often the most important catalyst for short-term movements. This is particularly true in the currency market, which responds not only to U.S. economic numbers, but also to news from around the world. Here, we look at which economic numbers are released when, which data is most relevant to forex traders, and how traders can act on this market-moving information.

Which Currencies Should Be Your Focus?

With at least eight major currencies available for trading at most currency brokers, there is always a piece of economic data slated for release that forex traders can use to make informed trades. In fact, seven or more pieces of data are released almost each weekday (except holidays) from the eight major most-followed countries. So for those who choose to trade news, there are plenty of opportunities. The eight major currencies are familiar to most traders:

1. U.S. dollar (USD)
2. Euro (EUR)
3. British pound (GBP)
4. Japanese yen (JPY)
5. Swiss franc (CHF)
6. Canadian dollar (CAD)
7. Australian dollar (AUD)
8. New Zealand dollar (NZD)

And there are many liquid currency pairs derived from the eight major currencies:

Currencies that can be easily traded span the globe. This means that you can handpick the currencies and economic releases to which you pay particular attention. But, as a general rule, since the U.S. dollar is on the “other side” of 90% of all currency trades, U.S. economic releases tend to have the most pronounced impact on forex markets.

Key Takeaways

  • Economic data tends to be one of the most important catalysts for short-term movements in the forex market.
  • Since the dollar is one side of many currency pairs, U.S. economic releases tend to have the most pronounced impact.
  • The most common way to trade forex on news is to look for a period of consolidation ahead of a big number and trade the breakout on the back of the number.
  • A variety of exotic options are available for traders who want to capture a breakout move, but with less volatility than trading the currency pair itself.

Trading news is harder than it may sound. Not only is the reported consensus figure important, but so are the whisper numbers (the unofficial and unpublished forecasts) and any revisions to previous reports. Also, some releases are more important than others; this can be measured in terms of both the significance of the country releasing the data and the importance of the release in relation to the other pieces of data being released at the same time.

When Are Key News Releases?

Figure 1 lists the approximate times (Eastern Time) of the most important economic releases for each of the following countries. These are also the times that players in the forex market pay extra attention to the markets, especially when trading based on news releases.

Country Currency Time (EST)
U.S. USD 8:30 to 10 a.m.
Japan JPY 6:50 to 11:30 p.m.
Canada CAD 7 to 8:30 a.m.
U.K. GBP 2 to 4:30 a.m.
Italy EUR 3:45 to 5 a.m.
Germany EUR 2 to 6 a.m.
France EUR 2:45 to 4 a.m.
Switzerland CHF 1:45 to 5:30 a.m.
New Zealand NZD 4:45 to 9 p.m.
Australia AUD 5:30 to 7:30 p.m.

Figure 1: Times at which various countries release important economic news

What Are the Key Releases?

When trading news, you first have to know which releases are actually expected that week. Second, knowing which data is important is also key. Generally speaking, the most important information relates to changes in interest rates, inflation, and economic growth, like retail sales, manufacturing, and industrial production:

1. Interest rate decisions
2. Retail sales
3. Inflation (consumer price or producer price)
4. Unemployment
5. Industrial production
6. Business sentiment surveys
7. Consumer confidence surveys
8. Trade balance
9. Manufacturing sector surveys

Depending on the current state of the economy, the relative importance of these releases may change. For example, unemployment may be more important this month than trade or interest rate decisions. Therefore, it is important to keep on top of what the market is focusing on at the moment.

Best Binary Options Brokers 2020:
  • Binarium
    Binarium

    The Best Binary Broker 2020!
    Perfect For Beginners!
    Free Trading Education!
    Free Demo Account!
    Get Your Sign-up Bonus Now!

  • Binomo
    Binomo

    Good Broker For Experienced Traders!

How Long Does the Effect Last?

According to a study by Martin D. D. Evans and Richard K. Lyons published in the Journal of International Money and Finance (2004), the market could still be absorbing or reacting to news releases hours, if not days, after the numbers are released.

The study found that the effect on returns generally occurs in the first or second day, but the impact does seem to linger until the fourth day. The impact on the flow of buy and sell orders, on the other hand, is still very pronounced on the third day and is observable on the fourth day.

How to Actually Trade News?

The most common way to trade news is to look for a period of consolidation or uncertainty ahead of a big number and to trade the breakout on the back of the news. This can be done on both a short-term basis (intraday) or over several days. Let’s look at the chart in Figure 2 as an example. After a weak number in September, the euro was holding its breath ahead of the October number, which was to be released to the public in November.

In the 17 hours before the release, EUR/USD was confined within a tight 30-pip trading range. (A pip is the smallest measure of change in a currency pair in the forex market, and since most major currency pairs are priced to four decimal places, the smallest change is that of the last decimal point.) For news traders, this would have provided a great opportunity to put on a breakout trade, especially since the likelihood of a sharp move at this time was extremely high.

The table above illustrates shows—with two horizontal lines forming a trading channel—the indecision and uncertainty leading up to October non-farm payroll numbers, which were released in early November. Note the increase in volatility that occurred once the numbers were released.

We mentioned earlier that trading news is harder than you might think. Why? The primary reason is volatility. You can be making the right move but the market may simply not have the momentum to sustain the move.

Let’s look at the chart in Figure 3 as an example. This chart shows activity after the same release as the one shown in Figure 2 (but on a different time frame) to show how difficult trading news releases can be. On Nov. 4, 2005, the market had expected a payroll increase of 120,000 jobs, but instead the U.S. economy gained only 56,000 jobs. The disappointment led to an approximately 60-pip sell-off in the dollar against the euro in the first 25 minutes after the release.

However, the dollar’s upside momentum was so strong that the gains were quickly reversed, and an hour later, the EUR/USD had broken its previous low and actually hit a 1.5-year low against the dollar. Opportunities were plentiful for breakout traders but bullish momentum in the dollar was so strong that such a bad payrolls number failed to put a sustainable dent in the currency’s rally. One thing you should keep in mind is that, on the back of a good number, a strong move should also see a strong extension.

The chart above shows that, while the worse-than-expected non-farm payroll numbers sent the EUR/USD rate upward for a short period of time, the strong momentum of the U.S. dollar was able to take control and push higher. Keep in mind, when the EUR/USD rate falls, the U.S. dollar is going upward, and vice versa.

Trading News With Exotic Options

One potential answer to capturing a breakout in volatility without having to face the risk of a reversal is to trade exotic options. Exotic options generally have barrier levels and will be profitable or unprofitable based on whether the barrier level is breached. The payout is predetermined and the premium or price of the option is based on the payout. The following are the most popular types of exotic options to use to trade news releases:

A double one-touch option has two barrier levels. Either one of the levels must be breached prior to expiration in order for the option to become profitable and for the buyer to receive the payout. If neither barrier level is breached prior to expiration, the option expires worthless. A double one-touch option is the perfect option to trade for news releases because it is a pure non-directional breakout play. As long as the barrier level is breached—even if the price reverses course later—the payout is made.

A one-touch option only has one barrier level, which generally makes it slightly less expensive than a double one-touch option. The same criterion holds—the payout is only made if the barrier is breached prior to expiration. This is a good option to buy if you actually have a view on whether the number will be stronger or weaker than the market’s consensus forecast.

Options on currencies are a viable alternative for those who do not care to get whipsawed in the markets by undue volatility before they actually see the spot price move in their desired direction; there are different types of currency options available through a handful of forex brokers.

A double no-touch option is the exact opposite of a double one-touch option. There are two barrier levels, but in this case, neither barrier level can be breached before expiration—otherwise the option payout is not made. This option is great for news traders who think that the economic release will not cause a pronounced breakout in the currency pair and that it will continue to range trade.

WPLeaks — безопасный заработок в интернете! Утечка информации!

Брокер Trading Times: как работает мошенническая схема — отзывы о trading-times.com

Международный брокер Trading Times, информация о котором находится на официальном сайте https://trading-times.com, уже не первый раз попадает в скандалы, связанные с мошенническими действиями. Компания активно следит за жалобами клиентов, поэтому вслед за ними идут опровержения. Публикуют отписки на официальном веб-ресурсе, в соцсетях и даже СМИ.

Несмотря на достаточно профессиональный подход со стороны брокера, пользователям удается приводить свои неопровержимые аргументы. И так, давайте разберемся, Trading Times – все-таки мошенник?

ТОП-5 доказательств, почему нельзя доверять брокеру?

  • Пытаются скрыть старые скандалы и прецеденты путем изменения адреса. Раньше сервис назывался SIRIUSFN, а сайт был https://siriusfn.com. Изменение веб-ресурса стало первым шагом, чтобы замести следы старых жалоб клиентов.
  • Если задаться поиском компании привычным способом – через Яндекс справочник или 2gis, никакой информации вы не найдете. Это еще раз подтверждает, что доверять свои деньги такому брокеру опасно.
  • Система подразумевает подписание не пользовательского соглашения, а интересного документа под видом контракта. Если вы не поленитесь и заполните личные, контактные данные, при переходе в раздел регистрации счета столкнетесь с этим моментом. Под политикой конфиденциальности, где нам предлагают поставить галочку, скрывается контракт. Прочитать мы его не можем. Система выдает ошибку. И если почитать другие отзывы, раньше это ссылка вела на другой сайт. Как такое может быть, остается вопросом.
  • Отзывы о SIRIUSFN. Раньше легко было найти негативную волну отзывов по старому названию брокера. Именно поэтому им пришлось полностью подчистить историю и перейти на новый домен.
  • БАШНЯ ФЕДЕРАЦИЯ – это одно скрытое название этой же компании. Получается микс мошенников из трех брендов с одной и той же стратегией.

Классика развода: в чем заключается лохотрон?

Простая схема по выуживанию денег работает десятками лет. Сначала клиент сталкивается с заманчивым предложением. Ему предлагают оказать содействие в заработке на финансовых рынках. Если вы хотя бы заинтересованы этой сферой, мошенники постепенно «обрабатывают» вас.

Вторым шагом будет вложение. Вы зачисляете от 50 долларов, с которых вам обещают золотые горы. Система постепенно начинает затягивать, и поначалу вы даже сможете выводить свои небольшие заработки. А когда вложения увеличиваются, в ход идут убыточные стратегии от аналитиков Trading Times. Вас начнут уговаривать не выводить деньги, аргументируя потерей всех накоплений. А затем пойдут угрозы, штрафы и другие «подводные камни». Поэтому будьте бдительными и всячески избегайте вложений на подозрительных ресурсах.

Trading hours of stock markets around the world

Stock market opening times are the hours that stock exchanges are open for business and reflect an exchange’s geographic location. Learn about the major stock market hours and how to trade on the world’s major stock exchanges.

Opening and closing times of the world’s major stock exchanges

Stock markets around the world have different trading hours, depending on your current geographic location. The tables below set out the trading hours for the major and minor stock exchanges in the world according to monthly trading volume.

Stock exchange Trading hours (GMT)* Trading hours (local time)* Major stock indices
New York Stock Exchange 2.30pm – 9pm 9.30am – 4pm
(no lunch break)
Dow Jones, S&P 500
NASDAQ 2.30pm – 9pm 9.30am – 4pm
(no lunch break)
NASDAQ 100
Japan Exchange Group 12am – 6am
(lunch from 2.30am – 3.30am)
9am – 3pm
(lunch from 11.30am – 12.30pm)
Nikkei 225
Shanghai Stock Exchange 1.30am – 7am
(lunch from 3.30am – 5am)
9.30am – 3pm
(lunch from 11.30am – 1pm)
SSE Composite (SSE Index)
Hong Kong Stock Exchange 1.30am – 8am
(lunch from 4am – 5am)
9.30am – 4pm
(lunch from 12pm – 1pm)
Hang Seng Index
Euronext 8am – 4.30pm 9am – 5.30pm
(no lunch break)
AEX (Amsterdam), CAC 40 (Paris)
London Stock Exchange 8am – 4.30pm 8am – 4.30pm
(no lunch break)
FTSE 100, FTSE 250
Shenzhen Stock Exchange 1.30am – 7am
(lunch from 3.30am – 5am)
9.30am – 3pm
(lunch from 11.30am – 1pm)
SZSE Component Index
TMX Group (Toronto Stock Exchange) 2.30pm – 9pm 9am – 4pm
(no lunch break)
S&P/TSX Composite Index
Bombay Stock Exchange 3.45am – 10am 8am – 3.30pm
(no lunch break)
BSE SENSEX

IG offers share trading and share dealing on over 12,000 internationally-listed stocks from the above exchanges.

Trading shares with financial derivatives including spread bets and CFDs enables you to speculate on prices rising or falling .

You won’t take ownership of the underlying shares, but you will trade with leverage which enables you to receive increased market exposure for a deposit – known as margin.

Share dealing means that you are taking direct ownership of the shares. As a result, you’ll hold a stake in the underlying company, and you’ll profit if the shares increase in value. You could also receive dividend payments, providing the company issues them.

IG offers share dealing with $0 commission on US shares 1 , and £3 commission on UK shares 1 . Below, you’ll find a comparison between our best rates, and those of our competitors:

Provider FX conversion fee US best commission 1 US standard commission
IG 0.5% £0 £10
Hargreaves Lansdown 1.0% £5.95 £11.95
AJ Bell 1.0% £9.95 £9.95
Provider UK best commission 1 UK standard commission
IG £3 £8
AJ Bell £4.95 £9.95
Hargreaves Lansdown £5.95 £11.95

After-hours stock trading

IG offers out-of-hours trading on 70 key US shares, enabling you to trade outside the normal window of 2.30pm to 9pm (UK time).

Our hours for trading US shares are from 9am to 1am (UK time) Monday to Thursday, and 9am to 10pm on Friday.

Extended hours are also available to our share dealing clients. We offer pre-market and after-market share dealing from 12pm to 10.30pm (UK time) Monday to Thursday, and 12pm to 10pm on Friday.

Follow the steps below to trade out- of- hours stocks with IG.

How to trade out of hours

  1. Create an IG trading account
  2. Search for the stock you want to trade
  3. Decide whether to go long or short
  4. Choose the number of shares you want to trade
  5. Confirm your trade and monitor your position

Stock market trading hours

Stock market opening times vary in each country, depending on the local working hours and culture. Most stock markets around the world will be open for trading from Monday to Friday, and will be closed on the weekends. Some stock exchanges such as a majority of those in Asia stop for a lunch break, while others – including those in Europe and North America – do not.

This is different for some Middle Eastern exchanges like the Tehran Stock Exchange which operates from Saturday to Wednesday. Stock exchanges are also typically closed on public holidays, which differ for each country around the world.

Why do stock exchanges have different trading hours?

S tock market opening times differ by region in order to facilitate the greatest concentration of buyers and sellers during these hours for local – but also international – market participants. By having set hours for trading, stock exchanges ensure that there is concentrated liquidity between their opening and closing bells, rather than sporadic trades throughout the day on a 24-hour basis.

If a trade is made outside of a stock exchange’s trading hours, it will normally be added to a queue of trades that will be executed once the market has opened for that day. However, if a trader does this, their trade may experience slippage from when it was requested to when it was executed. Slippage occurs because the price may change through the night and be different once the opening bell is rung.

Trading hours in North America

North America boasts two of the largest stock exchanges in the world: the New York Stock Exchange (NYSE) and the NASDAQ. They trade from 9.30am to 4pm local time (2.30 to 9pm GMT), Monday to Friday, and do not stop for lunch.*

The NYSE and NASDAQ both offer after-hours trading between 4pm and 8pm local time (9pm to 1am GMT).* This means that trades can still be executed after the exchange itself has shut for the day by using electronic communication networks which match buyers and sellers automatically.

By extending their market opening times in this way, the NYSE and NASDAQ ensure that a higher number of trades can be processed in a single day, often entirely by these electronic systems. However, the risk of trading during extended hours is that there may be less liquidity in the markets because the majority of people will have stopped trading for the day. Equally, orders may be partially filled, meaning that a seller might get a worse price than they had expected for their sale.

American markets are also closed for public holidays, some of which include Thanksgiving (fourth Thursday of November), New Year’s Day (1 January), Independence Day (4 July) and President’s Day (third Monday in February).

The other major stock exchange on the North American continent is that in Toronto, Canada’s largest city. The Toronto stock exchange operates during the same hours as the NYSE and the NASDAQ, and it is also closed on public holidays. In Canada, these include Thanksgiving (second Monday in October for Canada), Remembrance Day (11 November), Boxing Day (26 December) and Canada Day (1 July).

Trading hours in Europe

The Euronext exchange is the largest in Europe and has locations in Paris, Amsterdam and Lisbon, as well as others. Opening and closing times for the Euronext exchanges are identical – 8am to 4.30pm (GMT) Monday to Friday. However, because the hours are fixed across multiple locations they do vary in terms of local hours. For instance, Paris is open from 9am to 5.30pm local time, but Lisbon operates from 8am to 4.30pm local time to ensure that their hours align.* Neither of these exchanges stop for a lunch break.

Another European stock exchange is the London Stock Exchange (LSE), which is one of the largest and most prestigious exchanges in the world. As can be seen from the table above, the London Stock Exchange opens at 8am and closes at 4.30pm (UK time), with no lunch break.* The LSE is closed on public holidays, which include Good Friday (the date changes every year but it is 10 April 2020 and 2 April 2021), May Day (first Monday in May) and the Spring Bank Holiday (last Monday in May).

Trading hours in Asia

Normal trading days on the Asian exchanges vary, but they mostly keep to the Monday to Friday template set out by their Western counterparts. The Shanghai, Hong Kong and Shenzhen Stock Exchanges all open at GMT +8, with Shanghai and Shenzhen being open from 1.30am to 7am (GMT). Meanwhile, the Tokyo Stock Exchange stays open an hour later, trading from 1.30am to 8am (GMT).*

Unlike stock exchanges in the West, many Asian markets stop for lunch – and these breaks vary in length. For instance, the Shenzhen Stock Exchange has a lunch break every trading day from 12.30pm until 1pm (local time). The Shanghai Exchange in contrast has quite a long lunch break, lasting for an hour and a half from 11.30am until 1pm (local time) every trading day.*

Usually, Asian stock exchanges will declare the holidays that they will not be open in advance. However, for China, public holidays on which stock markets are always closed are Chinese New Year (the date changes every year, but it is on 25 January 2020 and 12 February 2021), the Qingming Festival (4 April in 2020 and 2021) and the Dragon Boat Festival (7 June 2020, 25 June 2020 and 14 June 2021). The Hong Kong Stock Exchange and Shanghai Stock Exchange are also closed on these days.

For Japan, the Tokyo Stock Exchange is closed on Coming of Age Day (second Monday of January), National Foundation Day (11 February) and Shōwa Day (29 April).

Trading hours in the Middle East

Trading hours in the Middle East vary depending on the exchange. For instance, the Saudi Stock Exchange, known as Tadawul, is open from 10am to 3pm (local time) Sunday to Thursday – which is 7am to 12pm GMT.* In Saudi Arabia, the weekend goes from Friday to Saturday, meaning that the Tadawul exchange is one of the few stock exchanges in the world that is open on a Sunday.

Notable public holidays in Saudi Arabia include Saudi National Day (23 September) and Eid-al-Fitr, which commemorates the end of Ramadan. Other prominent Middle Eastern exchanges include that in Tehran, the capital city of Iran. The Tehran Stock Exchange is open from 9am to 12.30pm (local time) Saturday to Wednesday, which is 5.30am to 9am GMT.* This is because the weekend in Iran runs from Thursday to Friday, rather than Saturday to Sunday, which are working days.

Iran has the most public holidays in the world, and some of the most substantial are Nowruz (19, 20 or 21 March – depending on the year), Islamic Republic Day (usually 1 April but can change depending on the year) and the Death of Khomeini (4 June).

Middle Eastern stock exchanges often follow the days of rest prescribed by religious doctrine rather than the model set out by Western stock exchanges. meaning their stock market opening times and working days are usually different to the exchanges in North America, Europe, Asia and Oceania. Neither the Saudi Stock Exchange or the Tehran Stock Exchange stop for a lunch break.

Trading hours in Oceania

The Australian Securities Exchange (ASX) is the largest stock exchange in Oceania. Stock market trading hours for ASX are from 10am to 4pm (local time) Monday to Friday, which is 12am to 6am GMT. Like most exchanges outside of Asia, trading on the ASX does not stop for lunch.*

Australia has several national public holidays during which the stock markets are closed. Notable examples would be Australia Day (26 January), Anzac Day (25 April), Christmas Day (25 December) and Boxing Day (26 December). There are also a number of public holidays in the different territories, but traders should check those for New South Wales, because this is where the ASX is located.

New Zealand is another finance hub in Oceania, and its largest exchange – New Zealand Stock Exchange (NZSX) – is open from 10am until 4.45pm local time. This translates to 10pm to 5am GMT, and the NZSX does not stop for lunch.*

Footnotes

1 IG’s best commission is available to active clients who place three or more trades in the previous calendar month.
*The hours mentioned in this article are set by each individual exchange and may vary. Hours change as countries shift to and from daylight savings time.

Best Binary Options Brokers 2020:
  • Binarium
    Binarium

    The Best Binary Broker 2020!
    Perfect For Beginners!
    Free Trading Education!
    Free Demo Account!
    Get Your Sign-up Bonus Now!

  • Binomo
    Binomo

    Good Broker For Experienced Traders!

Like this post? Please share to your friends:
How To Do Binary Options Trading?
Leave a Reply

;-) :| :x :twisted: :smile: :shock: :sad: :roll: :razz: :oops: :o :mrgreen: :lol: :idea: :grin: :evil: :cry: :cool: :arrow: :???: :?: :!: