We are asked about the Forexoma Money/Account Management program and also the Forexoma robots (automated trading) almost everyday. After debating for a long time, we have almost made our final decision and it will be announced soon, however, we preferred to ask about your idea and preference. Please read the below paragraphs carefully and then help us by submitting your vote or posting your comments. Thank you! Read the rest of this entry »

What Is Rollover or Swap?

All the positions in the spot forex market have to be expired at 5pm EST everyday. The clearing house will roll over the open positions automatically at 5pm EST everyday. It means the open positions will be exchanged (swapped) for the new positions. Again, the new positions will expire the following settlement date at 5pm EST rollover. This process is also known as “tomorrow, next day” or simply “tom next”. Read the rest of this entry »