I have been trying to find a method of market prediction to enable me to trade in the 10-3 minute period before the off for the Gee Gees.
It seems to me that quite a few of the market selections market price moves rather like a logarthmic sine wave, with swings reducing in period and amplitude as the off approaches.
Obviously this is excepted by the horses that are laid furiously or backed heavily in the race.
If we can identify the likely offenders and try to trade them round crossover prices methinks there is a future in this.
Obviously , like all trading, selection is the key and the usual rules about stake management, not going in play still apply. I have being doing this with micro stakes and am pleasantly surprised by the results.
[IMG] Uploaded with ImageShack.us[/IMG]
Do you guys have a view on this as a viable strategy or have some nasty experiences with something similar ?
It seems to me that quite a few of the market selections market price moves rather like a logarthmic sine wave, with swings reducing in period and amplitude as the off approaches.
Obviously this is excepted by the horses that are laid furiously or backed heavily in the race.
If we can identify the likely offenders and try to trade them round crossover prices methinks there is a future in this.
Obviously , like all trading, selection is the key and the usual rules about stake management, not going in play still apply. I have being doing this with micro stakes and am pleasantly surprised by the results.
[IMG] Uploaded with ImageShack.us[/IMG]
Do you guys have a view on this as a viable strategy or have some nasty experiences with something similar ?
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