Trading Horse racing : Betfair charts of the day

The sport of kings.
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eightbo
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Tue May 15, 2018 6:29 pm

Korattt wrote:
Tue May 15, 2018 6:10 pm
eightbo wrote:
Tue May 15, 2018 5:49 pm
Waited all day for this
:D :D Diocles Of Rom 1750-0252.JPG
cracking result, fair play
You don't know my entry/exit, might have taken a loss ;)

Derek27
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Thu May 17, 2018 4:10 pm

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Dallas
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Sat May 19, 2018 3:50 pm

Fitting name for the fav in the 15:50
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Euler
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Sat May 19, 2018 4:41 pm

Thebah_18873812_15_51_05.png
Queen Shaahd_18637492_15_49_31.png
These were interesting from the same race.
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ShaunWhite
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Tue May 22, 2018 5:20 pm

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Korattt
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Tue May 29, 2018 3:11 pm

beautiful.. & it won
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eightbo
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Tue Jun 05, 2018 8:07 pm

'Hardback' just got backed... hard! Not every day you see a 40 tick move
 ­
18-06-05-Kilbeggan-1955-Hardback.PNG
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Korattt
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Tue Jun 05, 2018 8:16 pm

eightbo wrote:
Tue Jun 05, 2018 8:07 pm
'Hardback' just got backed... hard! Not every day you see a 40 tick move
 ­

18-06-05-Kilbeggan-1955-Hardback.PNG
I’m always find the initial drift on moves like that quite puzzling & very hard to be confident with gauging a read on something like that because I’ve seen so many exponential drifts extend from the initial drift, I think more so on the Irish markets

Trader Pat
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Tue Jun 05, 2018 9:08 pm

Nice end to the day, Lady MMMWWAAAHHHH 😘
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eightbo
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Tue Jun 05, 2018 11:00 pm

Korattt wrote:
Tue Jun 05, 2018 8:16 pm
eightbo wrote:
Tue Jun 05, 2018 8:07 pm
'Hardback' just got backed... hard! Not every day you see a 40 tick move
 ­

18-06-05-Kilbeggan-1955-Hardback.PNG
I’m always find the initial drift on moves like that quite puzzling & very hard to be confident with gauging a read on something like that because I’ve seen so many exponential drifts extend from the initial drift, I think more so on the Irish markets
Yes can be quite puzzling, but if I give some additional context maybe you can see how you could also take such a trade?:
If it was constantly drifting I wouldn't oppose it, but here the price was notably struggling to drift further for some time (2.12/2.14 on the graph), all the while the 2nd fav was coming in significantly so there was clearly more support for this than the 3rd/4th/5th etc.

Given the earlier price history on the fav, the trade has huge potential if you're right and comes at low-ish risk if you're wrong (you can safely say you're wrong at like 2.16/2.18 if 2.14 is broken)

Best risk/reward trade I saw all day

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