Good profit on EURGBP; Text book ABC correction

Good afternoon Dynamic Traders,

I've been mentioning the EURGBP for a while as I did yesterday. This trade which I entered has moved up quite nicely. Since my entry it has moved up over 150 pips, I've exited my first position (on a limit order) and adjusted my stop on my 2nd position this morning to entry point. Since then we've had a further move up and now I have my stop on the most recent swing low.














EURGBP forex chart from Advanced Get

Below is the USDJPY and we have what looks like a text book ABC correction, we have a fib cluster (including the 886) at the figure 98.00 with MACD convergence and a few other confluence of events on smaller time frames. It looks as if the next move will be to the upside so I placed an order on a smaller time for a long position.














USDJPY forex chart from Advanced Get

Good Trading.