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What To Do About Rolling Back the Clocks Europe vs US? | Trading with EveryDayPips

What To Do About Rolling Back the Clocks Europe vs US?

What To Do About Rolling Back the Clocks Europe vs US?

One question we get comes from the time we potentially have a setup for EveryDayPips.com trading the EURUSD based on European market hours.

Twice a year the clocks get moved right?  Just recently, on the early morning hours of October 28th, Europe moved their clocks back.  But, the U.S. did not.  In fact, here in the U.S. we decide to wait a week and actually moved our clocks back this past weekend on November 3rd.

This ends up somewhat throwing off trading systems that are designed to start at a specific time.  What we suggest is this — and while this has already past it’s going to happen again – twice per year so you need to know.

Just move the time we look for a trade set-up back one hour when Europe moves their clocks back.  And, six months from now you will do the opposite and look for the trade set-up an hour later.  But, just for one week.  The US and Europe get back in alignment after this one strange week, two times per year.

I know it’s odd and wouldn’t our trading lives be easier if they both moved same day twice per year?  Definitely.  Unfortunately as traders we can’t change that so we instead need to have the knowledge so you know what to do next time.

Let me tell you it made a HUGE difference in the results.  Over $1,000 swing in profits (from a loss to a nice profit) on the EveryDayPips.com trading system just knowing this.  I think that’s worth noting on your calendar and following this a couple of times per year.  The savings and profits can be quite substantial with the right approach.

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