Disliked{quote} Hi RayV, In my opinion, both setups were good. For no particular reason, I entered on NZDCAD but not on NZDUSD. Price reversed on NZDUSD and that's part of losses we should accept, as long as they are less than 2% of our account. This is when I like to use a Cost Averaging approach in the Trading Zone (TZ). I marked two TZ on the 1HR and 5 min charts. Entry signals are shown at the vertical bars. There are one or two losses, but in most cases, it would have given a small gain when bringing the stop loss to breakeven after price reached half...Ignored
or wait for retracement for the price to form new support?
MACD crossed zero line for both the scenarios above.