Traders are welcome to post your trading calls or trading ideas. Position trading is a short time trading that you hold your position at least more than one day. If you intend to hold your position more than one day at the time you enter your position,but exit earlier, due to changing market situation, it is also regarded as position trading.
Silver goes up huge after hour. I bought silver at 19.14 right before market close. Now it goes up to 19.57. Usually a big up day it is like up 0.2, now it is up 0.4 already. My best guess is tomorrow it will be up huge. So I hold my position.
Nice entry on ES, isn't it? Euro just had a bounce from extremely oversold condition. For those who think this bounce offers opportunity to short, it is dangerous thinking. Because it now can go either way. The next direction will largely depend on service PMI today and employment report on Friday. A continuation rally on upside can not be ruled out.
Exited at 1.10550. ADP report is too strong. I was afraid it run up big after report. So took a small position before report.