I don't know if I have used the correct terminology for this thread but I wanted to ask the guys on here about something that I have noticed quite frequently in the 500 or so markets that I have traded since I started. This is where even with plenty of liquidity late on the price on a fancied horse plummets (usually shortens) by at least 5 ticks and sometimes more. Maybe the reason behind why this is happening is unknowable but I was thinking that it was maybe on course layers backing on the exchange or someone having a meaty bet and taking all the nearest available prices or maybe a bot playing games....does anyone know why this happens???
Also it seems to only happen on the back side ( I may be wrong about this) and a price can fall from say 2.80 to 2.50 in the blink of an eye. I would like to ask if this only ever happens on the back side and if so, does this make back to lay safer than lay to back or shouldn't these events interfere with an overall strategy and should be factored in???
