The Prop Trader

Before calling a bullish structure shift, identify the reference from the preceding downward move and the close you need through it. Choosing the test first gives you a clear event to watch.

Price drop: AquaFunded Futures Flex No DLL $50K: $126 → $117 (−7%) $100K: $213.75 → $198.75 (−7%) $150K: $344.25 → $320.25 (−7%)

Price drop: AquaFunded Futures Flex DLL $50K: $105.75 → $98.25 (−7%) $100K: $153.75 → $143.25 (−7%) $150K: $294.75 → $273.75 (−7%)

When price retraces into an earlier dealing range, check whether its bounds still matter to the current read. In the ONS example, the prior daily range stayed on the chart as a reference after price came back inside.

Price drop: Hola Prime Fly $10K: $71.20 → $53.10 (−25%) $25K: $159.20 → $116.10 (−27%) $50K: $279.20 → $197.10 (−29%) $100K: $478.40 → $332.10 (−31%)

Price drop: The Trading Pit CFD Funding $5K: $112 → $100.80 (−10%) $10K: $201.60 → $134.40 (−33%) $20K: $396 → $264 (−33%) $50K: $720 → $480 (−33%) +1 more sizes

Review the days you read correctly as well as the days you read incorrectly. Compare the original objective and entry requirements with what followed, then name the part of the process you want to improve.

A temporary move against daily order flow needs its own reading. In the ONS example, a bearish higher time frame view coexisted with a possible bullish intraday run. The two observations were kept in context.

Price drop: The Trading Pit CFD Prime - 2-Phase Evaluation $2.5K: $29 → $26.10 (−10%) $5K: $49 → $44.10 (−10%) $10K: $89.10 → $59.40 (−33%) $20K: $179.10 → $119.40 (−33%) +2 more sizes

Price drop: The Trading Pit CFD Prime - 1-Phase Evaluation $2.5K: $29 → $26.10 (−10%) $5K: $49 → $44.10 (−10%) $10K: $89.10 → $59.40 (−33%) $20K: $179.10 → $119.40 (−33%) +3 more sizes

A move can fit your directional idea while its delivery fails to fit your entry model. Name the requirement that is missing before you decide to participate. Seeing a possible swing is only the start.

When the live read changes, record what price did to change it. Compare the original premise, the observed delivery, and your next action. That makes the revision something you can review later.

Marking the weekly open gives you a reference. You still need a directional scenario, a plausible objective, and a separate entry setup. One line cannot make all three decisions.

USD calendar, week of Nov 8 (ET) Tue 8:30 Core CPI m/m, CPI m/m Wed Bank Holiday Fri 8:30 Core PPI m/m, PPI m/m

Write down the observation window and trade window you are using, along with the chart time frame. A pattern read without its time context can leave out part of the plan.

Price drop: Blueberry Funded Elite - 2 $2.5K: $100 → $70 (−30%)

Price drop: Blueberry Funded Classic $5K: $44 → $30.80 (−30%) $10K: $82.50 → $57.75 (−30%) $25K: $165 → $115.50 (−30%) $50K: $302.50 → $211.75 (−30%) +2 more sizes