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DR/IDR Playbook
Key Terms:
DR = Defining Range (Wick highs and lows during 1st hour of session)
IDR = Implied Defining Range (Body close highs and lows during 1st hour of session)
RDR = Regular defining range (New York Session)
ADR = After defining range (Asain session)
ODR = Outside defining range (London Session)
FVG = Fair value gap (Imbalance in market, used for extra confluence)
OB = Order block (Big orders by institituional traders/banks)
SD = Standard Deviation (Used for take profit goals, rejections, etc)

High Proabablity Setup Types

1) DR confirmation and retest of DR/IDR
2) DR confirmation and retest of .5 SD (FVG is added confluence)
3) DR confirmation and retest of opposite DR/IDR (Retirement setup)

DR/IDR Playbook 1
 4) DR confirmation and retest of area between .5 and opposite DR/IDR (Must have FVG,
OB)

Name of setup
1) DR confirmation and retest of DR/IDR

Description
Bias is confirmed after close below/above DR. Price then retraces back to DR/IDR, look
for rejection and signal, then target recent low/high and/or SD levels.

Characteristics

Clean 5M structure (lower lows, lower highs OR higher highs, higher lows)

Entry is at the retest of structure (Sell taken at previous lower low retest)

DR/IDR rejection on 1M/3M/5M

Stop loss placement

Above FVG (If entry is at a FVG)

Above key previous structure (If price breaks this, trade is no longer valid)

Above previous wick highs (Place above recent wick highs/lows if any)

Take profit

Previous low or high (Reccomended)

SD levels (.5 has the highest chance of getting hit, you can also trail SL to each SD
level)

Examples

DR/IDR Playbook 2
 YM/US30 12/16/22 RDR
Price first established it’s DR/IDR levels. Price then broke out to the downside indicating price wants to
sell. After price closed below DR it continued down and created a lower low (LL). Price then pulled back
to previous lower low to retest to continue lower. Price retested DR/IDR and also tapped into a 5M FVG.
At the close of the 5M candle could have been an entry. You could have watched for a rejection on the
1M/3M which might have gave you a higher total R, but there is slightly more risk using the 1M/3M
rejections for entries. Higher R typically equates to higher chance of getting stopped out and a lower
overall hit rate. In this example below, I waited for the 5M to wick into the FVG, retest DR/IDR and the
close back below DR/IDR and entered on the 5M candle close. I placed the stop loss just above the
FVG, which is also above that 5M rejection wick. Since there were no clear lows to target, my 1st take
profit was at the .5 SD level. This was a 3R trade.

DR/IDR Playbook 3
 ES/S&P500 12/15/22 RDR
Price first established it’s DR/IDR levels. Price then broke out to the downside indicating price wants to
sell. After price closed below DR it continued down and created a new lower low (LL). Price then pulled
back to our DR/IDR level. There is also a 5M FVG. Could have entered on a 1M/3M/5M rejection, first
targeting the recent lower low or the .5 SD. If you were to enter on the 3M rejection candle close and
place your stops above the FVG and target the .5 SD you would have got a 5R.

DR/IDR Playbook 4
 NQ/NAS 11/22/22 RDR
-Double bottom (early indication bearish trend is losing strength, potential reversal)
-After DR/IDR established, price closes above DR creating a HH and gives us long bias
-3 5M rejections followed by a strong 5M hammer tapping the IDR (Entry at candle close)
-SL below wicks and under IDR
-TP at .5 SD then 1 SD if trailing
-4.2R at .5 SD and 6.7R at 1 SD

Name of setup
2) DR confirmation and retest of .5 SD (FVG is added confluence)

Description
Bias is confirmed after close below/above DR. Price then retraces back to .5 SD, look for
rejection and signal, then target recent low/high and/or SD levels.

Characteristics

Clean 5M structure is extra confluence (lower lows, lower highs OR higher highs,
higher lows)

Entry is at .5 SD area (FVG near or at .5 is extra confluence)

DR/IDR Playbook 5
 .5 SD rejection on 1M/3M/5M

Stop loss placement

Above FVG (If entry is at a FVG)

Above key previous structure (If price breaks this, trade is no longer valid)

Above previous wick highs (Place above recent wick highs/lows if any)

Take profit

Previous low or high

SD levels (.5 has the highest chance of getting hit, you can also trail SL to each SD
level)

Examples

DR/IDR Playbook 6
 YM/US30 10/7/22 RDR
-Price creating clear bearish price action (lower lows and lower highs)
-New low was set after DR/IDR established
-5M FVG right at .5 SD
-4 5M rejections, lots of places to enter
-If entered on last rejection with SL above FVG and take profit at lows it hit for a 4.3R
-7.7R if targeting .5 SD

DR/IDR Playbook 7
 NQ/NAS 12/2/22 RDR (Not as clean)

Things to note:
-News day (huge drop pre-market, DR/IDR don’t apply during these days)
-Price did close above DR
-Price filled 5M fvg then had a 3m variation / engulfing and 5M had a rejection candle
-Since we had a huge drop that created a HTF FVG we are expecting this to fill, the 1 SD is the highs
for a total R of 6.5R or targeting the highs you get 3.4R

Name of setup
3) DR confirmation and retest of opposite DR/IDR (Retirement setup)

Description
Bias is confirmed after close below/above DR. Price then retraces back to opposite
DR/IDR, enter at first sign of rejection on 1M/3M/5M, then target recent low/high.

Characteristics

Price confirms DR level before pulling all the way back to opposite DR/IDR

DR/IDR Playbook 8
 Entry is near opposite DR/IDR after first sign of rejection

Stop loss placement

Few points under/above DR

Take profit

Previous low or high (Reccomended)

SD levels (.5 has the highest chance of getting hit, you can also trail SL to each SD
level)

Examples

NQ/Nas100 11/23/22 RDR

-Close above DR confirming long bias
-Strong pullback to DR/IDR
-Entry on first 3M or 5M rejection with SL below wick low
-Take profit highs for 6.3R

DR/IDR Playbook 9
 11/16 Retirement setup ES

Name of setup
4) DR confirmation and retest of area between .5 and opposite DR/IDR (Must have FVG,
OB)

Description
Bias is confirmed after close below/above DR. Price then retraces past .5 SD but not
past opposite DR/IDR, entry on rejections at FVG/OB on the 1M/3M/5M, then target
recent low/high or SD levels.

Characteristics

Price confirms DR level before pulling back to the area between .5 SD and opposite
DR/IDR

FVG tap or fill or tap into OB is required

Stop loss placement

Above FVG or OB

DR/IDR Playbook 10
 Above key previous structure (If price breaks this, trade is no longer valid)

Above previous wick highs (Place above/below recent wicks if any)

Take profit

Previous low or high

SD levels (.5 has the highest chance of getting hit, you can also trail SL to each SD
level)

Examples

YM/US30 10/6/22 RDR

-Price creating clean 5M structure. A new lower high and lower low were created during DR/IDR.
-Price then retraced past .5 SD
-Price was rejecting this 5M FVG
-Any early entries with a stop above FVG likely got stopped out
-If entered after strong 5M rejection with stop above wick highs and targeting DR low it hit for a 4R
-7R if targeting .5 SD

DR/IDR Playbook 11
 Trailing stop loss using SD:

Before trailing, move stop to BE once price maintains 1R in profit. Do not move if price
just wicks 1:1.

Sell Example:
15M close below next SD level, move SL a few points above the previous SD level.

Example:

DR/IDR Playbook 12
DR/IDR Playbook 13
DR/IDR Playbook 14
DR/IDR Playbook 15
 EXTRA ********************************************************

Note:
Something I noticed a lot of when creating this playbook was the fact that 5M structure
leading into RDR had a lot of correlation witht the setups that played out. If you look at
the charts above you will notice that price continued making the structure from London
session. When price is making the DR/IDR in NY session, if price is in a downtrend and
price makes a new low then starts pulling back after DR/IDR is established then all you

DR/IDR Playbook 16
 need to do is look for a place to enter. Mommentum and rejection candles will tell you
this.

Setup 4, however price had not confirmed DR level yet.

ES 11/9/22 Retracement to area past .5 and opposite DR/IDR

-Clean bearish 5M structure
-3M closed below DR
-Price pulled back into FVG near .5 SD
-3M variation pattern OR 5M rejection candle entry
-4.5R targeting wick low
-10R targeting 2 SD or until market close or trailed stop if price broke 5M structure near 2 SD

Setup 3, however price had not confirmed DR level yet.

DR/IDR Playbook 17
 ES/S&P 500 12/5/22 **.5 RETEST BEFORE DR BIAS CONFIRMATION**
A higher risk example, but clear bearish price action and each session had a lower DR/IDR. Price made
a new low during DR/IDR first hour, then retested the .5% with mulitple rejections AND a double top.
Although price had not broken out of the DR range yet, the double top and rejections at the .5 SD after
price created a new low AND the DR high was ODR/OIDR screams shorts. This is a no brainer setup. If
you entered after the 5M hammer double top, stop loss above the wick and targeting the wick low it was
a 3.85R or trailed it down to 1.5-2.0 SD you could have got a 7-10R.

Setup 3, however price had not confirmed DR level yet.

DR/IDR Playbook 18
 ES/S&P 500 11/10/22 **.5 RETEST BEFORE DR BIAS CONFIRMATION**
-Clear uptrend price was pulling back after HH
-5M rejection hammer candle
-SL under wick
-Target .5 SD for 3.5 R

Same day as above, but Setup 1 presented later in the session.

DR/IDR Playbook 19
 ES/S&P 500 11/10/22 2nd setup after screenshot above**

-Price retested IDR, would have been a -1 if taken

-Price then went back above DR then came back to retest IDR again, entry at candle failing to break
back under IDR.
-SL below structure. Target 1 SD for 3.7R or 1.5 SD for 5.5R.

*Not a DR/IDR entry model from the Mas7er, but it’s a setup that I learned from Steve M
who teaches Beat The Market Maker on youtube. It consists of consolidation, then a
fakeout to the down side usually followed by a double bottom or a SSL sweep in this
example, then it rallies bullish like crazy.

You don’t see this everyday, but when I see it, it stands out like a sore thumb and looks
nearly the same everytime I see it.

Incorportaing this model with DR/IDR I wouild likely take it on the breakout of the top DR
or any signs of bullsih momentum after the double bottom/SSL sweep at the beggining
of NY session.

DR/IDR Playbook 20
 BTMM - Beat the market maker

1) Consolidation
2) Breakout to downside
3) SSL Sweep to upside rally

DR/IDR Playbook 21