Prior to CPI and Prior to 4 weeks before the CPI of 4/11/2024
We had 4 weeks of sell signals through COT report.
Date - Net position
03/19/24 -78,920
3/12/24 -78,920
3/5/24 -64,123
27/2/24 -51,590
Because of these net position changes I have decided to short GBP.
So far Cotton short trade is correct currently making 4%
AUD Lost .5%
EUR Lost .5%
We had 4 weeks of sell signals through COT report.
Date - Net position
03/19/24 -78,920
3/12/24 -78,920
3/5/24 -64,123
27/2/24 -51,590
Because of these net position changes I have decided to short GBP.
So far Cotton short trade is correct currently making 4%
AUD Lost .5%
EUR Lost .5%