Betfair chart / Betfair graph of the day

The sport of kings.
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Derek27
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When someone moves the market 10 ticks, some traders may panic and close trade with a negative offset of several ticks. Sometimes I can barely scroll my ladder as quickly as the market's moving!
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Naffman
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A lot of the time horses are just getting to their correct price, especially in handicaps

But it seems in 2yo races these flucs are way overblown as they think 'someone' knows something even when you can tell in the parade they are unsettled and/or not fit enough they will still back them because they will follow the money before anything else...
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Dallas
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In addition to what Naffman has just said about the race types one of the biggest factors in exaggerating moves in recent years is likely to be attributed to 'bots'
Once something starts even from a 'false' move bots quickly take over and create a domino effect as they start triggering each other
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Derek27
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Sufi, 14-00 Goodwood.jpg
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eightbo
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Couldn't tell you. There's a multitude of reasons. Market activity is comprised of a number of those reasons, sometimes they conflict, sometimes there is a dominant factor e.g. price is incorrect, connections fancy it, some geezer looking to chase back his £25k which he's just lost on the footy, or my favourite reason: No reason at all (purely random)

Market activity is the most accurate information you have access to, and what you should base decisions off

As for why it happens -- who cares
stueytrader
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Derek27 wrote:
Sun Oct 14, 2018 2:00 pm
Sufi, 14-00 Goodwood.jpg
Liked that one, laid it around 7.8!

...and with a specific reason in my choice of laying ;)


To return to the discussion about reasons for big moves, I can see the view that it might not matter, though I always carry an assumption that knowing underlying reasons (even partially) might help in future predictions, at least possibly... :geek:
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Derek27
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I agree, knowing why a drift occurs would satisfy more than just curiosity - knowledge is power when it comes to trading. :)
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Gauss
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This is the only chart I ever really take notice of.
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stueytrader
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Agree with that chart Gauss :)


Not quite sure what the heck I make of this one though... :?
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Euler
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Some of the moves you see, just have no rationale behind them.
Tigerinmytank_19835091_16_40_51.png
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Derek27
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Euler wrote:
Tue Oct 16, 2018 4:49 pm
Some of the moves you see, just have no rationale behind them.

Tigerinmytank_19835091_16_40_51.png
It's a shame Betfair don't include a rough time indication into their charts.
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Dallas
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Still 9 mins to post for this one
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Dallas
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Post chart for the same runner
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Atho55
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If you look at the big trade in the dip on the -9 min chart then compare that to the post chart you can see that the same trade has moved towards the left and now sits near the second axis mark at the bottom. Gives a bit of a clue but I imagine the scale means nothing more than a visual guide really.
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Gauss
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A classic example of reversion to mean I would say?

A65D5CAA-8B6C-424E-BD60-C1195ACAF551.jpeg
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