Thread by @DietaFlex

📰News trading on #CPI and #PPI week
💸25% account growth in 7 days
📈Applying TA to news trading (Part6)
➡️Alpha packed guide for:

Case study on $OP $ETH $FTM

-How I create a plan before the event
-Real trade examples and execution
-How I get into positions quick (no bots)🧵

#CPI day is usually my most profitable day of the month for the past 5 events

This comes with experience in executing and creating a plan beforehand because speed and timing is key in such event.

Focus was on growing:

-2nd futures account (Bitget)
-Spot account (Binance)

To start you need to create an execution plan based on the data that is available

In this case the expected data was:

YoY Est. 6.0%
YoY Core Est. 5.5%

$BTC and the crypto market was in an uptrend (for several reasons) so there was at least a clear H1 uptrend-> IM LONG BIAS

IDEAL SCENARIO(1): dump pre CPI -> CPI comes in good -> I will try to long max 3 coins ( 2 lev and 1 spot) depending on which one comes close to my POI

OR hold the line(2) (price hovers in a small range, not giving the pullback) ->CPI FLAT OR BELOW = GOOD -> crypto breaks out

There was also confluence with some of the top "MACRO QUANTS" I follow, some people that are way smarter than me share their own gameplan publicly:

@FoftyOerney

https://twitter.com/FoftyOerney/status/1635577948479651841?t=o8WDVKoSR5hyCFf5GTHnzw&s=19

@HumaCapital

https://twitter.com/HumaCapital/status/1635610874760003585?s=20

Shared my plan and my altcoin picks in my Free Telegram Trading channel

In these kind of events speed is a priority so you need to be focused on quick execution, no distraction, you execute the plan with risk management in case it backfires

My top picks for lev were:
$OP $ETH

For executing fast enough, first you need to have the fastest free information available (or paid service)

I use @TweetDeck and split one monitor into:
Tweetdeck with 3 columns:
@tier10k
@News_Of_Alpha
@DeItaone

The other part is Discord with a News bot

I know I can get a fast Market BUY (cause Im bullish biased) on the 2nd monitor split like this:

$ETH was my Binance lev pick, already had pos size and SL set for Market order (mouse over BUY button)

$LQTY (or others) for spot Binance

$OP Bitget this was on the phone app

As soon as I saw the numbers were as expected:

Press buy on $ETH Binance PC

Press buy at the same time $OP Bitget phone app
(I had already 2 lev fast scalps)

Quickly go to Binance SPOT ( $LQTY broke out,wasnt fast enough, so I waited for retests)

Instant fast profits taken

There are also faster alternatives to "APE" news at a press of a button using a "terminal" type API trade management tool

A tool that does this and is coded by @iam4x which is extremely promising is @tuleep_trade

I am starting real time testing on it to prepare for next event

For the first 2 trades there was no TA involved, only quick news sources and reaction (even if it was manual execution, with experience you can still be profitable)

$OP had a good retest of the 2.7$ (Monthly Open) after the initial breakout and went back in based on m3 TA

I was waiting for a spot opportunity, from the alarms that went off $FTM had a big breakout above the 0.44$ important level (others were interested in it)

Went in oversized on the retest cause invalidation was easy, managed to pull 5%+ of spot account increase in one trade

For #PPI day the market was no longer bullish, so I wasnt expecting such a big impact on positive data, shared the plan again, still bullish biased

Roundtripped some good trades though

Daily performance shared:

https://twitter.com/DietaFlex/status/1636078626431983616?s=20

Overall this week`s performance:

28.9% total move (21.7% realized profit)
9 wins / 2 closes around entry

In cases like these when there are news events & high volatility im going for lower number of trades and try to sync high probability setups with $BTC movement

In times of FUD/News events, less trading = more

I take only high probability setups in sync with $BTC movements

Low number of trades but higher probability, a good ex is my 2ndary smaller futures account that Im trying to slowly scale up.

89% profit / 70% wr

➡️For telegram access to the trading channel

1)Use my Bitget ref link to sign up

partner.bitget.com/bg/DietaFlex

2)Deposit min 500$ and actively trade there
3)DM me your UID and telegram username

(People that dont actively trade will be removed periodically)