So a few weeks go by and the euro goes up. Oh no, your resupplying expenses went up by $100k! But if you set up your forex correctly, the value of your instrument also went up by $100k, offsetting your expenses. Conversly, if the euro got weaker, you would win because your expenses got less, but your forex would lose value by that same amount. Welcome to fxgears. com's reddit forex trading community!
This is where forex swap comes in! Forex swap is like swapping money between two parties but for a set amount of time. Let's say you want to exchange your dollars for euros, but you only need them for a month. You can swap your money with someone who has euros but needs dollars for the same amount of time. This is called a forex swap. Forex signals are suggestions to help adults trade better and make more money. Related topics others have asked about: Foreign exchange autotrading , foreign exchange controls , foreign exchange hedge , foreign exchange reserves Foreign exchange autotrading is when a computer program or robot helps people buy and sell money from different countries automatically. It's like having a little helper who knows a lot about money and can make decisions for you without needing you to do anything. Yeah, you are buying a currency literally hoping it will be worth more against some other currency in the near future. There are some techniques that, barring massive downswings, will generate some revenue without a lot of risk, such as laddering, where you set up a ladder of buys and sells such that you buy whe
Yeah, you are buying a currency literally hoping it will be worth more against some other currency in the near future. There are some techniques that, barring massive downswings, will generate some revenue without a lot of risk, such as laddering, where you set up a ladder of buys and sells such that you buy whe
