Based on the works of Russell sands, and the various former Turtles who have put thier method out for free in a PDF format, I am thinking that cotton is getting pretty close to a classic Turtle trade set up.

The rule as I understand it, is to watch for tight channels. They must be at least 20 days in length or longer. The trade is initiated on a breakout, of even just 1 tick, beyond the channels range. Buy the highest high of the last 20 days, or sell the lowest low of the same time period.

The exit is when you have 10 days of lower prices. Exit on the first low, below the lowest point in the last 10 days.

Thoughts anyone?

PS, ignore my moving averages and Bollinger Bands as Turtle trading does not use them.