DR / IDR Trading Strategy - How to use it for High profits

In this video I show how to use the DR / IDR concept from ‪@WeAreM7DR‬ with a simple but highly effective and profitable trading strategy that is based on support and resistance and price action.

For confirmation and confluence I also add a 50 EMA indicator to the chart and the HTF candle so that I can see the timeframes above my execution timeframe.

If you like to know how to use support and resistance levels properly, checkout the videos from ‪@TraderSumo‬ here:

Support and Resistance:
   • How to Draw Classic Support and Resistance.  

Gaining and losing Support:
   • Gaining and Losing Levels  

Join our discord for discussions about trading, strategies and teachings.
discord.com/invite/y3MQp9PMeM

Also join the membership area here:
youtube.com/channel/UCt1Gq1mUok8n9zOOJbzb9VA/join

Here you can find my TradingView indicators on this page:
www.tradingview.com/u/trading-guide/#published-scr…

I can recommend the broker Hankotrade, here is the link to register:
login.hankotrade.com/register?franchiseLead=MjQ4Ng…

Production Music courtesy of Epidemic Sound: www.epidemicsound.com/