Cotton Futures Move Down

20-Year Pro Trader Reveals His "MoneyLine"

Ditch your indicators and use the "MoneyLine". A simple line tells you when to buy and sell without the guesswork. It’s a line on a chart that’s helped Nic Chahine win 83% of his options buys. Here's how he does it.

December New York Cotton is trading at 72.09, down 0.88 cents/lb. Cotton futures are trading just above the session lows early Friday morning. Market talk about U.S. weather and global economic growth is making the rounds. Chatter about cotton demand is ongoing and has kept both buyers and sellers active in recent sessions.

20-Year Pro Trader Reveals His "MoneyLine"

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