Update 03-30-08 4:45pm:
Took my profits and closed the trade.
Total Pips: +116
Total Profits: $117.06
The Trade:
Short the USD/JPY Pair.
System:
Based on the Elite system on 1 hour charts.
Reason:
Purely technical. 3EMA crossing below 34 SMA. CCI crossed below 0 and shows healthy signal.
Rating:
I managed to get into this trade relatively early. Would rate this a 5 star.
Entry & Exit:
Lots: 3
Entry (Short): 99.565
Stop Loss: 100.565
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