Forex volatility often foreshadows stock panics.

Often if we're going to see panic events in stocks we first see flash surges/crashes in the Forex market. It's a good warning sign to look out for. And also can present good speculation opportunities.

Yen has gapped up (XXXJPY down). I'm going to wait until the spreads stabilize in 45 mins and add to my NZDJPY shorts with stop losses just above the high of Friday.

Shown in the chart above is the sort of early warning signal we may see if Forex is leading stocks.