Posts Tagged swing trading

Wacky Wolves

This evening Wolverhampton provided a really interesting finish to my week. In several races the prices were all over the place and there were some huge drifters and steamers. As a result of this and a generally positive day, I managed the unusual feat of eclipsing all the other days of the week put together. Can’t complain, but it’s just very unusual.

The action started early when High Constable moved in from 3′s to 1.50 before the off. That’s a 30% move on book value which is absolutely enormous! Probably one of the biggest gambles of the year in book % terms. It was a gamble that ultimately failed though as the horse was well beaten. That lit up the evening though and was followed by a lot of action in subsequent races. I have put up a couple of the more interesting charts from this evening, a paradise for swing traders.

091205 - 1820 - Steamer

091205 - 1950 - Drifter

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Friday Fallon fireworks

I expected the return of Kieren Fallon to produce some renewed betting interest in the markets this afternoon but it’s been a real surprise to see how much movement there has been. This isn’t directly Fallon related but it’s been one of the most swing oriented starts to the day I have seen in a while, with big moves right across the card.

The Fallon races have produced massive drifts on the first two rides this afternoon. The market seems to be pricing in the fact that the odds may have just been way too short in the early markets? Anyhow, it’s produced a great opportunity for swing traders. Rare Malt went from odds on to start at 3′s and Roodee King went from near 2.25 to near 3.50, big moves. It’s going to be an interesting day!

090904 - 1420 - Lingfield - Fallon returns - Rare malt - Massive drifter - Copy

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