The SNR (Support and Resistance) strategy is a popular concept in trading, particularly highlighted in various discussions and resources online. Here’s a detailed summary of the insights and resources available regarding valid SNR strategies:

1. Reddit Discussion: A notable conversation on Reddit discusses the Malaysian SNR strategy, where users claim a win rate of around 80%. This strategy has gained traction among traders, particularly on social media platforms, where it is frequently endorsed. For those interested, the discussion can be found here.

2. YouTube Guides: There are informative videos available that explain how to effectively trade using support and resistance concepts. One such video discusses the SNR trading strategy and has garnered over a thousand views, making it a valuable resource for visual learners. You can check it out here.

3. TikTok Content: TikTok also features content that delves into various SNR trading strategies, including breakout techniques and the significance of support and resistance levels. It serves as an engaging platform for traders looking to enhance their skills. More on this can be explored here.

4. Drawing Support and Resistance Levels: A comprehensive article explains how to correctly draw support and resistance levels by using the highs and lows of price movements as guidelines. This foundational skill is crucial for effectively applying the SNR strategy in trading. The guide is available here.

5. Malaysian SNR Levels Indicator: TradingView offers an indicator specifically designed to display support and resistance levels based on the Malaysian SNR methodology. This tool can aid traders in identifying these critical price points on their charts. You can find the indicator here.

6. Support & Resistance Versus Supply & Demand: An article on ForexBee explores the distinctions between Support and Resistance and Supply and Demand, essential concepts in technical analysis. Understanding these can enhance a trader’s strategy, and the article is accessible here.

These resources collectively provide a solid foundation for understanding and implementing the SNR strategy in trading practices.

Sources

Does anyone use Malaysian SNR? : r/Daytrading - RedditHOW TO TRADE SUPPORT AND RESISTANCE SNR - YouTubeSnr Trading Strategy - TikTokHow To Draw Support And Resistance Levels CorrectlyCan I Make Money With This Malaysian SnR Trading ... - YouTubeMalaysian SnR Levels — Indicator by trading-guide - TradingViewSupport & Resistance and Supply & Demand - ForexBee

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