Daylight Saving Time, again

It's Daylight Saving Time again for this year and it will start this Sunday, 8 March for the US. Though the NFP report is always released at 8.30am EST, the last NFP on 6 March was released at 9.30pm MYT and the next NFP report on 3 April will be released at 8.30pm MYT because of the Daylight Saving Time. (MYT is local Malaysian Time.)



The IBFX trading always closes at 4.00pm EST Fridays and opens at 6.00pm EST Sunday. So with Daylight Saving Time, it will be 4.00am MYT Saturdays and 6.00am MYT Mondays while it was 5.00am MYT Saturdays and 7.00am MYT Mondays previously. Confusing? You bet.


So to get all the release times of the various economic reports in the correct local time, make sure you synchronise the time in the calendar of your favourite Forex web-site to match your local computer time. In this way you will get the local time right and ensure that you are not caught unexpectedly by sudden market changes immediately after the release of such economic reports.

This will be a short post since I am currently attending the 4-day Forex Investology Advance Class where Sam Se will release his latest Forex trading software, Pips Conqueror that will simplify and improve the chances of making money in the Forex market. This looks very promising but the real test will be whether it will bring in the dollars. Isn't this what we are in the market for? So watch out for my review once it is put to the test.

Ronald Kwok
http://ronaldkwok.atomicblog.hop.clickbank.net/