The trading day, Paris time

The CME Globex is open almost continuously: from Sunday evening to Friday evening, with a one-hour break every day, from 11 pm to midnight Paris time. But an open market is not a readable market. The order flow changes nature completely depending on the hour: thick and slow at night, jumpy at the New York open, sluggish during the American lunch hour, dense again at the end of the session. A beginner who trades “when they have time” often trades at the worst moment.

All the times below are Paris time, for ES and NQ, outside the clock-change weeks described further down.