Another new week is upon us, and I'm currently short EUR/USD from 1.2718.  My short orders were hit late Thursday night, and I was able to move both of my initial stops to breakeven late Friday after a late surge down by more than 1R.  After opening down further tonight, I've moved one of my trailing stops into positive territory, per my rules.

Though the prevailing trend on the daily chart is still down, we're in a period of consolidation on the 4 hour.  It will be interesting to see what happens around the 1.2425 area, if it makes it there.  I have a feeling it will find support and bounce a bit in that area, but I could be wrong.

Other pairs I watch (AUD/USD and GBP/JPY) also may be testing areas of support this coming week, so I'll be keeping an eye on them.

Good trading to all this coming week!