Hi Everyone
New to all this.
I'm looking at daily charts for currencies and they have a daily open/close price. For currencies what is the opening and closing time that those charts refer to? I'm using charts on IG Index. I'm looking to trade using daily charts once I learn a bit more, but unsure as to what time the open/close refers to.
e.g - Thur 8th Sep - shows an open and close price for GBP/USD - when is the open and when is the close? If I wanted to place a trade at the opening price on the 9th Sept - when is this?
Many Thanks.
New to all this.
I'm looking at daily charts for currencies and they have a daily open/close price. For currencies what is the opening and closing time that those charts refer to? I'm using charts on IG Index. I'm looking to trade using daily charts once I learn a bit more, but unsure as to what time the open/close refers to.
e.g - Thur 8th Sep - shows an open and close price for GBP/USD - when is the open and when is the close? If I wanted to place a trade at the opening price on the 9th Sept - when is this?
Many Thanks.
