EURUSD - sell setup

Sep 26, 2024

For EURUSD, ahead of the dollar news (08:30 EST - NY open), we will keep the same setup idea we had in the London session, so we are attempting a sell.
We are aware of the fact that our pending sell order might not get filled at all, because there is no divergence between subsequent tops on this complex move up, so it seems there is still a possibility for eurusd to go up for one more move to complete that c wave, before eventually coming down.
If that happens, we won't get triggered in our sell and we won't be in a buy either because being there no recognisable setups for the buy, we won't put any buy order.

Sep 26, 2024

Order cancelled

Ok we're for the second time taking our pending sell order off because the idea of trading the news it that the momentum has to be so strong to take you in a considerable profit in a matter of minutes. Even if it comes down, this setups that we published is clearly not the right way anymore to get into the sell. Probably we'll get the right setup on this tomorrow for the core PCE news (same time = NY open). Let's take our orders off and just follow now.

Sep 27, 2024

Note

We decided not to publish any setups today because we realised in the London session that whatever setup would have been hard to take and to manage.
So yesterday we attempted 2 sell setups on EURUSD, one in the London session (order did not get filled and was cancelled) and one in the NY session (same - order did not get filled and was cancelled).
We also foresaw yesterday the possibility of one more up on EURUSD to complete that c wave, due to the absence of divergence on the way up and that is exactly what seem to be happening today. There was a buy setup, but we decided not to publish it because it was very risky and it is better to privilege more certain setups. The way up, all in all, seems in any case limited due to the fact that once it will break the top, most likely the divergence will be even greater.