Breaking The Day in Different Time areas, Timezones

Not all times are equal for volatility and volume.

To have price movement we need volatility and to have volatility we need peole.
If you study the charts of the BTCUSDT market you will probably realize that :

• Almost nothing happens during the week-end, probably people are resting
• Nights are generally quiet, probably almost everyone is sleeping.

But wait, about the nights, we're in a global market..A night for someone means the day for somewhere else.

So who trades when?

I live in the Paris timezone and I was wondering who is trading at 0215 in the night.

Who is trading during my nights?

At point (1) we see a spike of volume. It's 0215 Paris time. Weird who is it? It may be our fellow professional traders from the Chinese Standard timezone. At 0215 the Shanghai Stock Exchange opens.

And what about the spike at (2) marking the end of the downtrend and the price reversal?

Again potentially traders from the Chinese Timezone that come back from lunch. Their stock exchange has lunch break and re-opens at, guess what, 0600 Paris time. But it's not only this. At the same time, the UK pre-market from the London Stock Exchange starts. So 0600 see China coming back and UK waking up.

Who trades when is an important question. When new participants enter the market (or some leave it), it's a time where we may see price movement and price reversal.

I checked who trades when and based on several assumptions I've split my day into different sections.

TIME	NAME	SHORT NAME	DURATION	REASON
0000	night	ngt	7 hours	A new day starts in paris
0700	breakfast	bkf	2 hours	I start monitoring
0900	morning	mor	3.5 hours	EU markets open
1130	lunch	lun	2.5 hours	EU starts to go to lunch
1430	afternoon	aft	3 hours	US news
1730	diner	din	3 hours	EU markets close
2030	evening	eve	3.5 hours	US traders back from lunch

The goal of doing this is to have a simpler vocabulary when doing analysis. Instead of saying "between 0900 and 1100" we can say "in the morning" and know approximately which time area we're referencing.

In case you're wondering, here are the assumptions I made:

• Professional trader trade during stock market opening hours
• Retail traders trade from the moment they wake up to the moment they go to bed (0700 -> 2359])
• professional traders lunch somewhere between 1130 and 1400
• some countries have the highest impact on the market : US(east coast + west coast), EU(west EU), China Standard timezone area(Shanghai+Singapore+Hong-Kong), Japan.
• US is the most important market, opening at 1530 and closing at 2200

To check what time it is where I use timeanddate.com

A full day who gets in, who gets out (Paris time)

WINTER TIME

TIME	WHAT
0215	China opens
0430	China lunch
0600	China back
0757	China close
0830	China block close
0900	EU opens
1530	US opens
1730	EU closes
2200	US closes

FROM 2nd Sunday of March TO Last Sunday Of March

TIME	WHAT
0215	China opens
0430	China lunch
0600	China back
0757	China close
0830	China block close
0900	EU opens
1430	US opens
1730	EU closes
2100	US closes

SUMMER TIME

TIME	WHAT
0315	China opens
0530	China lunch
0700	China back
0857	China close
0930	China block close
0900	EU opens
1530	US opens
1730	EU closes
2200	US closes

FROM last sunday of October TO first Sunday of November

TIME	WHAT
0215	China opens
0430	China lunch
0600	China back
0757	China close
0830	China block close
0900	EU opens
1430	US opens
1730	EU closes
2100	US closes

Full list for winter time

TIME	WHAT
0000	EU sleep, China awake
0100	Japan open,
0200	US after market close
0215	China open
0330	Japan lunch
0430	China lunch, Japan back
0600	China back, UK pre-market, USeast sleep
0700	EU awake
0800	China first close, UK awake DE pre-market
0830	China Block trade close
0900	EU open, UK open, USwest sleep
1000	US pre-market
1130	EU lunch
1300	USeast awake
1330	EU back
1530	US open, UK close
1600	Japan sleep, USwest awake
1700	China sleep
1730	EU close, UK close, USeast lunch
2200	US close
2300	Japan awake, UK sleep