Trade Update - CAD/JPY Short CLOSED

Update 03-20-08 11am:
Sudden reversal in all rally's saw the stop getting hit for this pair. Unfortunate as I feel it still has some way to go.

Lot 1: +50 pips
Lot 2 &3: +100 pips

Total Pips: +250
Total Profit: $251.91

Update 03-20-08 10am:
One of the trends today has been the Yen rally against most majors. I closed the first 2 lots for +50 pips and +100 pips respectively. The 3rd lot is currently trading at +160 pips. Stop loss has been moved to +100 pips.

The Trade:
Continuing with the rally of Yen crosses, I am shorting CAD/JPY pair.

System:
modified HAS on 4 hour charts.

Reason:
Price dipping down. 2 red candles across multiple TFs confirming trend. 2 red bars on AO below zero.

Also the Yen is rallying back to 2 day old levels.


Rating:
I would rate this trade a 4 star. All indicators point towards bagging some pips.

Entry & Exit:
Lots: 3
Entry (Short): 97.685
Stop Loss: 98.885 (larged due to ATR)
TP1: 97.185
TP2: 96.685