Is Emini Swing Trading Dead?
When I first started this blog my trading was roughly 70:30 swing trading to day trading. I usually held my swing trades for 2 to 4 days and set my profit target between 10 and 20 points. My day trades were all closed out within an hour max and my profit target was 2 to 6 points. In the last year or so the average daily range has exploded from 10 to 35 points. The chart below shows the Emini’s average daily range for both day and night sessions. Last week we had 4 days out of 5 with a range above 50 points, including Monday with a range of 108 points!