Trade Update - USD/CAD Short CLOSED

Update 04-04-08 10am:
I finally closed the 3rd lot for a +58 pip profit. The Dollar is getting weaker, and I am seeing a trend reversal on all the indicators. So taking whatever profits I can.

Lot 1: +50 pips
Lot 2: +100 pips
Lot 3: +58 pips

Total Pips: +208
Total Profit: $206.92

Update 04-03-08 12 noon:
The 2nd lot closed for +100 pip profit. So far we are in the money on this trade. Stop loss has now been moved to break even, and I am going to let the third lot run until the signal reverses or weakens.

Update 04-03-08 8am:
The first lot closed for +50 pip profit. The remaining 2 lots are currently trading at +48 pips.

The Trade:
Going short the USD/CAD pair.

System:
The trade is based on the A-MACD setup on the 4 hour chart.

Reason:
We have a very nice setup for the pair on the A-MACD system. Price has been trending down, and the MACD has just turned below 0. The Ao shows 2 red bars below 0 confirming the trend.

The downtrend is further confirmed by other setups. The OzFX setup on daily charts shows the Stoch heading down as well as the AO and AC showing red bars.

A-MACD(4 hour):
OzFX(daily):
Trend(daily):
HAS(4 hour):

Rating:
I will rate this trade a 4 star. Trade looks perfect on the A-MACD setup. The OzFX looks promising too except the price is above the 200 SMA.

Entry & Exit:
Lots: 3
Entry (Short): 1.01481
Stop Loss: 1.02481
TP1: 1.00981
TP2: 1.00481