Quote from esmjb:
i sell a currency future against the euros i make and then just let it expire and take delivery on the dollars. this eliminates the shitty conversion rate i was getting. i sell some futures whenever i think the euro is at a good level to convert, like last week i sold at $1.23. im not trying to call tops in it i just look for levels where i would be happy to convert at.
Thanks for the reply. Thats an interesting idea.