All of this volatility is encouraging lots of turnover and retail platforms seem to be universally reporting very heavy activity. I’m not sure if this is a good thing or a bad thing for most retail traders but at least we cannot complain about the lack of opportunity.

Looks like I’ll be busy this evening, I’ve got small ‘out of the money’ positions in USD/CHF and AUD/JPY so I’ll need to be smart and lucky to trade my way out. It would be very boring (I think) if all positions went straight into the money (but I wouldn’t mind giving it a go for a while).