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Topic: Asia / London / New York Market opening Timming (Read 98 times)

copper member
Activity: 2198
Merit: 1837
🌀 Cosmic Casino
December 15, 2024, 06:52:13 PM
#8
If you are lazy with the time math, and it's giving you a headache, Tradingview has over a dozen indicators and community scripts that visualize the session times on the chart. All you have to do is click on indicator, search up "sessions" and a lot of indicators will be displayed.

Try each of them until you find one most suitable to you

full member
Activity: 350
Merit: 128
I heard that there is a lot of volatility in the bitcoin market once the Asian, London and New York session opens and that is the time the day traders and scalpers make the most of the profits (or losses).

Can anyone know the exact time of these market openings and is it worth be active and trad in those times ?

Are you referring to physical market trading or what likely because I haven't learnt about these regional economy markets volumes haven to be determined of bitcoin volatility.
If this market system can't be specifiof it opening going to increase the price of bitcoin or decrease as to be precised, then I'll doubt if it's true that the market has such potential influence on bitcoin because already we know bitcoin has an up and down volatility of fluctuation.
legendary
Activity: 2702
Merit: 4002
I remember in 2017 there was a price difference between East Asian platforms and global Bitcoin platforms which led to arbitrage trading but with daily trading volumes increasing to more than $50 billion the closing and opening price of Asia/London/New York markets will not affect on BTC price.
A few months ago there were attempts to prove that there is a correlation between the US stock market and the price of Bitcoin, and by denying this correlation we can say that there is no effect of closing/opening.
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I heard that there is a lot of volatility in the bitcoin market once the Asian, London and New York session opens and that is the time the day traders and scalpers make the most of the profits (or losses).

Can anyone know the exact time of these market openings and is it worth be active and trad in those times ?
I've heard many times from traders those who run youtube channels and provide little tips to the beginner used to say that most cash flow comes from the United States and some EU countries and I assume that if you are from an asean country then your timezone affects trading hours during daytime with less cash flow activity in the market when traders in other countries are asleep, meanwhile asian traders invest less amount as compared to other regions. Have you ever noticed yet these things? Also, I would like to advise you to check it out during your region's nighttime.
full member
Activity: 2576
Merit: 205
I heard that there is a lot of volatility in the bitcoin market once the Asian, London and New York session opens and that is the time the day traders and scalpers make the most of the profits (or losses).
bitcoin doesn’t have any opening or closing time like stocks do but yeah if specific traders overlap you can take advantage of this because it might also affect the bitcoin market

most likely if something huge like an event or news happen and it affects the stock market it will also affect the bitcoin market
Quote
Can anyone know the exact time of these market openings and is it worth be active and trad in those times ?
note the timezone is in gmt:
tokyo 12-9am
london 8am-5pm
new york 1pm-10pm

as per is it worth it? it depends how well you can navigate through both markets it’s going to be tough but if you can do it well then sure why not?
legendary
Activity: 2730
Merit: 7065
The opening times of stock markets isn't difficult to find. A simple Google search shows the following information:

- Tokyo Stock Exchange: MON to FRI from 9:00 am to 11:30 am and 12:30 pm to 3:25 pm Japan Standard Time.
- Hong Kong Stock Exchange: MON to FRI from 9:30 a.m. to 12:00 pm and 1:00 p.m. to 4:00 p.m.
- London Stock Exchange: MON to FRI from 8:00 am to 4:30 pm GMT.
- New York Stock Exchange: MON to FRI from 9:30 am to 4:00 pm EST.

Whether or not that's the perfect time for trading is up to you to decide.
legendary
Activity: 1064
Merit: 1298
Lightning network is good with small amount of BTC
The only time bitcoin volatility might reduce is just during the weekends when some traders may not be trading. But during bull run, there are weekends that will be like the weekdays in a way that there will always be volatility also during the time.

Do not think bitcoin is like the traditional markets that open and close. The market for crypto is not closing and time is not what you can consider to know when the price of bitcoin will be more volatile. Just neglect that because it is not right.
hero member
Activity: 2464
Merit: 877
I heard that there is a lot of volatility in the bitcoin market once the Asian, London and New York session opens and that is the time the day traders and scalpers make the most of the profits (or losses).

Can anyone know the exact time of these market openings and is it worth be active and trad in those times ?
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