Hi David,

Is roll over like a free lunch?

If I go long on a currency with high interest rate just prior to 5pm EST and then close the trade immediately after 5pm EST, to avoid any major adverse moves in the market, would I not be able to make some (relatively) risk free profit, given the leverage that's available in the forex market, especially, if I do so in a currency pair that has a low spread e.g. EURO/USD etc.

Am I missing something here in the bigger picture?

Please advise

thank you for your time David