Tomorrow Next may sound like something from the future or even a movie title, right? 

But have you ever seen it on a Forex trading platform and wondered what it really means? 

Could it be a special kind of trade? Or maybe a time machine for traders? Why do people talk about it so much in the Forex market?

If you’re just starting out with Forex or you’ve been hearing strange words like “pip,” “leverage,” and now Tomorrow Next, don’t worry, you’re not alone. 

Forex has its own language, and it can feel confusing. But guess what? We’re about to look into it in the easiest way possible, like you’re learning from a friend who’s got your back.

What is Tomorrow Next in Forex?

Tomorrow Next, also written as Tom/Next, is a short form of “Tomorrow and the Next Day.” In Forex, it means moving your trade to the next trading day without closing it. 

It’s mostly used when someone wants to keep a position open overnight without settling the trade immediately.

Let’s make it simple.

In Forex, most trades are meant to be settled (completed) two days after you make the trade. But sometimes, you don’t want to settle it yet. 

Maybe you want to keep it open for longer. That’s where Tomorrow Next comes in. You ask the broker to roll over your trade. 

That means they’ll shift the trade forward to tomorrow and then to the next day, so you don’t have to close it.

This rollover is done using something called a swap, and the cost of doing it could be money added to or taken from your account, depending on the interest rates of the currencies you’re trading.

Why Do Forex Traders Use Tomorrow Next?

Forex traders use Tomorrow Next to:

• Avoid closing a trade when they still believe the market will move in their favor.
• Manage risk without having to open a brand-new trade.
• Save on trading costs if done smartly.

Think of it like this: if you’re watching a football match and your team is doing well but the game hasn’t ended yet, would you leave the stadium? 

Probably not. You’d want to stay and watch it play out. That’s the idea behind Tomorrow Next, staying in the trade to see what happens.

How Does Tomorrow Next Work?

Below is a simple way to understand it:

• You open a trade today.
• It’s supposed to settle in two days.
• But you want to keep it longer.
• So, your broker “rolls it over” using Tomorrow Next.
• The trade is now extended into the future, and you pay (or receive) a small fee based on interest rates.

This is automatically done by your broker if you’re trading with a margin account. You don’t need to do anything yourself, just know that it’s happening in the background.

Is Tomorrow Next Important?

Yes! Especially if you are a swing trader or someone who holds trades for days or weeks. Even scalpers (people who trade quickly) can be affected by it if they forget to close trades before the end of the day.

Why? Because swap fees can eat into your profit if you’re not paying attention. And sometimes, they can add extra money to your account if you’re trading in the right direction.

In Simple Words…

Tomorrow Next in Forex is like asking your broker, 

“Hey, I’m not ready to finish this trade yet, can we move it to tomorrow and the next day?” 

And your broker says, 

“Sure! But it’ll cost (or pay) you a little bit, depending on the currencies.”

Conclusion

Don’t let Forex terms scare you. Words like Tomorrow Next may sound tricky at first, but they’re just part of how trading works. The more you learn, the more confident you’ll be.

Next time you see Tom/Next on your Forex app or platform, you’ll smile, because now you know exactly what it means.