Trade Update - GBP/CHF Long CLOSED

Update 04-04-08 7am:
I kept meddling with the target point for this pair moving it from 20 pips to 50 pips and back. Finally I set it to 30 pips before heading to bed and it was a great thing. The pair barely managed to hit the target before a big move down. The story today seem to be a strong Yen, but I am not going to enter any trades today.

Total Pips: +300
Total Profit: $296.99

Trade:
This pair has been on a strong uptrend, and I am entering it once again. Going long the GBP/CHF pair.

System:
This trade is based on the Elite setup in 1 hour chart.

Reason:
This pair has been on a strong uptrend. I entered it a few times yesterday successfully, and I am going to try to do that again today. The 3 EMA is still above the 34 SMA. I entered this trade when the 3 EMA crossed over the 10 SMA. The CCI shows a strong uptrend. I am looking for a 30 pip profit. Stop loss is placed just below the 34 SMA line.


Rating:
This trade would be a 4 star. The pair is on a strong uptrend. And the chart shows that every time the 3 EMA crossed the 10 SMA, there is a rally. So I am entering based on that. Looking for a 30 pip profit.

Entry & Exit:
Lots: 10
Entry(Long): 2.01795
Stop Loss: 2.01081
TP: 2.02095