Last Thursday I long the pair GBP/JPY at 131.20, and today it shot up to 141.50, that’s more than 1000 pips! Yes, it’s just luck, I didn’t expect it to go that far, and usually I cash out at 500 pips at most. But I’ve been away from trading for a few days, and now it’s a sweet surprise!

What made the change in mood? I heard someone said the stock markets have been down too much last week, so this week there’s no way to go but up. Well, really? How can you be sure about that? Other people attribute the rally mood to Obama’s speech and its anticipation. Or perhaps, the mourning time is over, it’s time to get more optimistic about the future?

Whatever it is, I wonder how long it’ll last. For me I got to cash out the profit now, can’t take any more risk. You know forex, if it can jump up that high in a short time, it can also fall to nothing in no time. So, I’ll choose to take profit and wait for another opportunity!