Cotton Futures Trading Lower

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 71.89, down 1.15 cents/lb. March New York Cotton is trading at 72.11, down 1.15 cents/lb. Cotton futures are trading a little above the session lows. Market chatter about U.S. weather and global economic growth is making the rounds. Market talk about traders adjusting positions ahead of the weekend and end of month is showing up.Trading is expected to be choppy.

20-Year Pro Trader Reveals His "MoneyLine"

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