I'm sorry guys, this is not making sense, I'm getting different times from different sites.
Now does the Sydney market open at 8 am, or 7 am
And does the New York market close at 4 or 5 pm
Because the only way this is completely covered is if NY closes at 5 and Sydney opens at 7 am. (5 pm NY = 7 am Sydney)
I don't think it does. I think the problem is Daylight saving time. In the fall and winter you will find there is no gap between the markets.
It would also explain the low volume in the first hour or 2 of
fapturbo trading. And the very few trades during that time.
Most of my trades in the last couple of weeks were in the last 2 hours of
fapturbo trading.