Automated Forex
The deepest market in the world, open five days a week, and the one where execution cost most often exceeds the edge. These pieces look at where an automated FX operation actually earns — and at the three costs that decide whether it keeps anything.
The Carry Trade, and the Crowded Exit That Defines It
Interest-rate differentials pay you to wait. The payment is rent on a risk that arrives all at once.
Trading the Clock: Why Session Overlap Is the Cheapest Hour
Execution cost in FX is not constant. It is a function of the time of day, and the time of day is free to know.
Spread, Slippage, Swap: Pricing the Three Costs Before the Strategy
Most automated FX strategies are profitable before costs and unprofitable after. The order of those two facts is the whole business.
Mean Reversion in the Majors, and the Regime That Ends It
Currency pairs range far more often than they trend. The exception is expensive.
Your Broker Is Part of the Strategy
Two accounts running identical logic against different execution can produce opposite results.
Leverage Is Not Edge
FX brokers offer leverage that no professional risk desk would permit, and the reason is not generosity.