I'm wondering about the specific time that the Daily candle closes in the forex market. I need this information to better understand my trading options and make informed decisions.
6 answers
MountFujiVista
Sun Dec 08 2024
EST stands for Eastern Standard Time, which is a time zone commonly used in North America.
Giulia
Sun Dec 08 2024
MT4, which stands for MetaTrader 4, is a widely used trading platform in the financial markets.
EtherWhale
Sun Dec 08 2024
Daily candles on the MT4 platform represent the price action for a specific trading day.
Martina
Sun Dec 08 2024
The closing time for these daily candles is set at 5 PM EST.
SolitudePulse
Sat Dec 07 2024
GMT+2 refers to Greenwich Mean Time plus two hours, which is equivalent to Central European Time.