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Cotton Futures - Cotton trade in positive

Short
PEPPERSTONE:COTTON   Cotton Cash Contract
Cotton Futures

This trade once again I took after looking at the COT report and WASDA which reports on the grain and the meat market.A

In the COT report once again the markets were crowded from the non commercials and the commercials. WASDA was showing signs of weakening prices on cotton.

After a weekly engulfment I waited for price to pull back for a short entry.
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