Forex options market volatility expectations have surged on recent market choppiness, and we have geared up for substantial moves out of the US Dollar and other key counterparts. We continue to favor Breakout systems, and indeed the Breakout2 Trading Signals system has been a top performer through recent price action. It first went heavily net-long the US Dollar and Japanese Yen on their initial recoveries, but the USD reversal led it to close several long positions. It remains heavily long the Japanese Yen, however. There is distinct risk that the fast-moving system will be chopped out, but elevated volatility expectations plainly favor further big moves.