Triangular Arbitrage with Bid - Ask Quotes | Forex

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1. I'm confused about the last step in stage 2. b/c the rate is in $/pounds, I first inverted 1/1.5676pounds to $.6379/$1. Also, unclear on why you used 1.5670 instead of 1.5675. thank you for the video, and any additional help.
2. thank you, very good and useful video, pity I can't give you thumb up, or at least I can't see that happening
3. thank you so much greate explanation
4. thanx .u saved me frm my xam
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6. where do u live at?
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8. Haw this is possible in real life?how how how?
9. It looks like a typo. I looked at my notes and it seems I coped and pasted a wrong value. Thanks for pointing it out. The correct number is 145.0926
10. Where is the 145.1295 coming from? Should that not be 145.092?
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12. You are amazing. Thanks a ton 
13. bravo
14. I think you should apply and teach at my university, because my lecturer is SHIT
15. Tks!! was a greate class!!!
16. @analyzeee You can do that too. But please note that for doing so, you need a bid rate for dollars. The information given in the video example is telling us the bid and ask rates for yen. However, you can easily find the bid rate for dollars by taking the reciprocal of the ask rate for Yen, which will be 1/0.0108. You can sell $100 at this rate to get 100 x 1/0.0108 = 9,259.2593 Yen. Hope this clarifies the matter. Essentially, buying yen is the same thing as selling $.
17. @mikkael07 Buying Yen with $ is the same thing as selling $ for yen. There is no difference. If you want to sell $100, you will need the bid price for a $, which can be found by taking the reciprocal of the ask rate for a Yen. Therefore the bid price for a $ will be 1/0.0108. If you wish to sell $100, you can get 100 x 1/0.0108 = 9259.2593 Yen for them. This is the same result that we got in the video because essentially, we have still divided 100 by 0.0108. Hope this helps.
18. Thanks a lot for ur video ,very helpfull...i got one concern. what makes us decide if we have to buy or if we have to sell. for example for the transaction u said we're buying Yens. why not not selling U$. Is there a difference ? Thanks!
19. why do we purchase yens?....cant we sell $ at bid rate to convert in to yens?....
20. Thank you soooo much!! I have learned more from you in less than ten minutes than from my teacher in three hours of class.