Trade Update - EUR/AUD Long CLOSED

Update 03-20-08 10am:
Its a pity that we got stopped out of this trade. I had set the stop at the ATR limit, and i just barely managed to hit it, and now, the pair has moved higher, above my entry point. So I need to figure out how to better place stop loss points.

Update 03-20-08 7am:
Even though the signals were proper, this pair struggled right from the beginning. It might be related to the general weakness of the Euro we have been seeing all day. In the end, all 3 lots hit their stop loss and closed.

Total Pips: -390
Total Profit: $356.23

The Trade:
Continuing with the other Euro trades I have entered, I am going long the EUR/AUD pair.

System:
This trade is based on the HAS system on 4 hour charts.

Reason:
The reason is similar to the EUR/CAD trade. This pair has been in a steady uptrend for weeks. And after a brief pullback, its trading higher again. As per the modified HAS system I am following, I see the price trending up as well as 2 blue candles confirming the trend. The AO also shows 2 green bars above 0 for further confirmation.


Rating:
As with previous trades, I rate this a 4.5. All indicators confirm the trend across multiple time frame. Entering the trade as soon as the 2nd candle showed up.

Entry & Exit:
Lots: 3
Entry (Long): 1.7146
Stop Loss: 1.7016 (130 pip SL because of bigger ATR)
TP1: 1.7196
TP2: 1.7246