Trade Update - EUR/JPY Short CLOSED

Update 03-30-08 4:45pm:
Closed this trade and took my quick profits.

Total Pips: +112
Total Profit: $113/13

The Trade:
Going short the EUR/JPY pair.

System:
Based on the Elite system on 1 hour charts.

Reason:
Again purely technical. Just test driving the new system. Cross down of the 3EMA-34SMA line. And CCI moving below zero.


Rating:
I entered this trade a little late and missed few pips. So this would have to rated a 3.5 star.

Entry & Exit:
Lots: 3
Entry (Short): 156.82
Stop Loss: 157.82