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Forex Market 24h Clock gadget (Windows XP/7, freeware)

mc24

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Hi, all!

There is a free Windows XP/7 application for traders I'd like to share.

The Market 24h Clock gadget shows trading hours of major Stock Exchanges in UTC in one dial. Dial is a chart with segments, each showing trading session time on each stock market, opening/closing times and overlapping.

link: http://mc24.ch/screensaver.htm

gadget.png


(thread author is a designer of this clock, feel free to ask questions)
 
Each concentric segment on a dial shows trading session time on separate stock market. Green sectors correspond to market high activity hours.
Hour hand indicates the current situation.
In contrast to the usual 12-hour schedule clock, the hour hand at Session 24h Clock makes full circle per day.
Minute and second hands work as in any usual clock.
Market 24h Clock displays the Universal Coordinated Time UTC world time) because UTC does not change with a change of seasons.
 
Trading using Market 24h Clock

Trading volume and volatility change for different currency pairs depends on the movement of the clock hands. You can trade more effectively, if you know which currency pairs are in the spotlight at any given time. Timing plays big role in currency trading.

Since currency market works around-the-clock, trader is able to watch every market movement attentively and to respond to it in time. In order to develop successful trading strategy, it is necessary to take into account changes in the market activity for various currency pairs in different time periods. It maximizes trading opportunities during your work hours.
 
In addition liquidity of currency pairs changes with geographical location and macroeconomic factors. Knowing what time of day one or another currency pair has the largest and most narrow trading range, you are able to improve your opportunities in capital allocation.

This article examines the average trading activity on major currency pairs in different time intervals. It will help you to determine when currency pairs are most volatile.

This chart presents data on the average pip ranges for the different currency pairs in different time periods:

tabl1.gif
 
Asian session (Tokyo) 00.00-09.00 UTC

Trading activity in Asia is conducted in major regional financial hubs. During the Asian trading session, Tokyo takes the largest market share, followed by Hong Kong and Singapore.

Despite the flagging influence of the Japanese central bank on the forex market, Tokyo remains one of the most important dealing centers in Asia. It is the first major Asian market to open, and many large participants often use the trade momentum there as the benchmark to gauge market, dynamics as well as to devise their trading strategies.
 
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