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- 2011-7-11
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4#
发表于 2011-7-13 16:12
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the way you go around the triangle is determined by what you want buy and sell, you effectively wanna buy the underpriced currency, and sell the overvalued one.
so if the euro is overvalued (eg relative to the yen) and at the top of the triangle you have US, and assuming euro is on the right side you would sell dollars to get euros, and then with the euros you got, you would sell them to get yen. and finally you would end up back at the top and sell the yen t get US, you should have a profit. |
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