How would you view these charts?

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Blondie
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Euler wrote:
Wed Feb 05, 2025 12:42 pm
Blondie wrote:
Tue Feb 04, 2025 4:22 pm
Appreciate you probably have very little spare time so maybe skimmed quickly above but I never considered trading any others, only the favourite:

"So I would plan to back the favourite. But now all I can think about is how the favourites chart is bouncing off 1.5 so it will probably drift up from there. I daren't back it in case its on support, i daren't lay it in case the view of it being well supported is correct and it carries on getting backed near post time. Like I said - STUCK!!"

It wasn't which runner to focus on, but which idea to focus on! (Maybe neither as Shaun was i think saying - i.e. order flow rather than charts.)
Thanks
This is how you should trade short priced favourites, generally speaking of course: -

https://www.youtube.com/watch?v=wnmdwYxLWOs

When I turned up to a market I look at the charts and see if there is anything interesting going on and then switch to look at order flow to confirm it.

It's best to know this if you are looking at Betfair charts: -

https://www.betangel.com/betfair-charts/
Very useful thanks
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Blondie
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Euler wrote:
Wed Feb 05, 2025 12:42 pm
When I turned up to a market I look at the charts and see if there is anything interesting going on and then switch to look at order flow to confirm it.
My first post showed an image of the first 5 charts in a market and my conflicted ways of assessing them.
I would love to know if you see 'anything interesting' in them, if you wouldnt mind giving your thoughts.

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Fugazi
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Joined: Wed Jan 10, 2024 7:20 pm

1, 3 and 4 have the largest jumps in one direction at the start, and then trend in that direction. Or at the very least equal that support/resistance point in the end.
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Euler
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Blondie wrote:
Sat Feb 08, 2025 12:39 pm
Euler wrote:
Wed Feb 05, 2025 12:42 pm
When I turned up to a market I look at the charts and see if there is anything interesting going on and then switch to look at order flow to confirm it.
My first post showed an image of the first 5 charts in a market and my conflicted ways of assessing them.
I would love to know if you see 'anything interesting' in them, if you wouldnt mind giving your thoughts.

Image
You've got a short priced favourite it will probably be backed. I'd go searching for reasons that it will or won't be backed.
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Blondie
Posts: 147
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Location: Chez Moi

Euler wrote:
Sat Feb 08, 2025 4:48 pm
Blondie wrote:
Sat Feb 08, 2025 12:39 pm
Euler wrote:
Wed Feb 05, 2025 12:42 pm
When I turned up to a market I look at the charts and see if there is anything interesting going on and then switch to look at order flow to confirm it.
My first post showed an image of the first 5 charts in a market and my conflicted ways of assessing them.
I would love to know if you see 'anything interesting' in them, if you wouldnt mind giving your thoughts.

Image
You've got a short priced favourite it will probably be backed. I'd go searching for reasons that it will or won't be backed.
Thank you. That helps. That;'s how I would have viewed it years ago but now my mind starts wondering if those bounces on 1.5 say it 'doesn't want to go lower'. Both ideas seem possible and i am stuck with decisions like that every day! But that really helped to hear your view on it.
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Blondie
Posts: 147
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Location: Chez Moi

Fugazi wrote:
Sat Feb 08, 2025 4:42 pm
1, 3 and 4 have the largest jumps in one direction at the start, and then trend in that direction. Or at the very least equal that support/resistance point in the end.
Sorry not sure i understand what your saying there. And I thought we could ignore the early activity as market had no volume. Shows what I know :D
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