What is the best time to trade NAS100 in Kenya?

I would like other member to please share when they think is the best time to trade Nasdaq (nas100) in Kenya, based on their personal experience. I would also like to know what moves nas100 and causes it to have more volatility.

Thank you

S
@sizwe_twala - 1 year ago

In Kenya, Nasdaq (aka nas100) is best traded during the New York session between 4 PM and 12 Midnight Kenyan time.

Nasdaq is most active during working hours of the Nasdaq stock exchange in NY which is between 4 PM and 12 Midnight in Kenya.

The trading time may seem odd but remember that Kenya is 8 hours ahead of New York so while it is morning in NY, it will be afternoon in Kenya.

K
@karbin - 1 year ago

You can trade NAS100 CFD during London or the NY session, depending on your strategy. It is possible that you might have a better strategy that works on NASDAQ during London session.

NY session is more volatile & you will have faster & more volatile moves.

If you are from Kenya, then you can trade NASDAQ from 4PM-8PM, if you want to trade the NY session. Or you can trade between 10AM - 1PM if you trade the London session. I've plotted both of the chart to highlight the last 2 trading sessions, so you can visually see both.

It is important that you must first have a strategy for that time & proper risk threshold (account & trade based), regardless of what time you are trading at.

There is no one best time, it just depends on you as the trader, do you have an edge trading NASDAQ at that particular time or not?

Most stock exchanges in New York (including the Nasdaq exchange) ring the opening bell by 9:30 am which is equivalent to 5:30 pm in kenya. When the Nasdaq stock exchange is open, you get lower spread and more direction in the market, so from 5:30 pm is the best time to trade NAS100 in Kenya for best results.

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