Well, we’re in pretty rought times and it is something that we haven’t seen in a good 25 years. Wall Street isn’t working, so that creates a forex roller coaster for us traders. All this problem in the credit and financial market was bound to spill into the forex market because we are talking about money and the amount available in the economy.

The proof that there is volatility can be easily shown by the trends between the EUR/USD. If you go back a number of years, you’ll notice that the variation of price was roughly a penny in a day. In the last few years it has been actually declining, on average, to less than a penny. Sometimes to a 0.60 in change between highs and lows. But if you look at September we see a change of 1.67. That’s a huge change compared to what it was just last year.

Even though the market is volatile and in a roller coaster, there does come opportunity because people are afraid to enter the market. There is much more risk, but you should notice much wider spreads and be able to predict some nice positive runs in the future by some simple indicator.

There is risk in this market and there is opportunity. Things are definitely volatile, but there is definitely room for profit on this forex roller coaster.