Hi All
I wonder if someone can help me, Ive searched everywhere but cant get an answer to what I noticed yesterday.
There were 4 meetings on during the day, some overlapped and if its true that the liquidity normally arrives once the last race has finished then this would have been impossible yesterday as races were still running when others started
I found that trends were ending sooner than expected and reversing, i.e instead of a reverse inside the last few minutes then it would reverse a long time before that.
I also noticed that there werent as many big movements in the minutes leading up to the start of the race
Is it a case of exiting trades sooner than usual or getting in later?
Could anyone shed any light on this for me, sorry if this is a basic question or not something people want to discuss
Regards
Adam
Yesterday's Racing
Hi Adam,
Yesterdays racing was just another typical day, not much out of the ordinary. Normally with a race every 10 mins (3 meetings) the money flow is consistent but when you throw in a random extra meeting such as Southwell yesterday then the liquidity on that specific meeting suffers. I find it best to ignore the rogue extra meeting.
Generally speaking liquidity increases just as the previous race finishes but this isn't always the case when races are not evenly spaced.
The picture on a Saturday is usually completely different and with a race every 5 minutes, markets never get a chance to form properly nor do they trend in a consistent pattern.
The normal movement pattern is, from 10 minutes out, trending followed by the final few minutes as a settlement period much like a ship weaving its way up a channel before taking a truer and tighter course as it nears the dock.
Hope this helps
James
Yesterdays racing was just another typical day, not much out of the ordinary. Normally with a race every 10 mins (3 meetings) the money flow is consistent but when you throw in a random extra meeting such as Southwell yesterday then the liquidity on that specific meeting suffers. I find it best to ignore the rogue extra meeting.
Generally speaking liquidity increases just as the previous race finishes but this isn't always the case when races are not evenly spaced.
The picture on a Saturday is usually completely different and with a race every 5 minutes, markets never get a chance to form properly nor do they trend in a consistent pattern.
The normal movement pattern is, from 10 minutes out, trending followed by the final few minutes as a settlement period much like a ship weaving its way up a channel before taking a truer and tighter course as it nears the dock.
Hope this helps
James