Looking for a big move. Spotting a shift in price can be a tricky business, so Caan Berry shares a few pointers to look out for Looking for a large shift in prices can often be a tougher challenge than scalping the racing markets for a profit - although on the flip side the rewards are far larger. Doing a little homework or having some kind of knowledge on your given sport will be an asset in this instance.

Horse Racing

Swings in price are often caused by several things in my experience - lack of information, a change in circumstances or just heavy support or resistance. To understand what I mean here it's probably best to look at them in turn. This may seem quite obvious if you've read the previous post about scalping.

I'm talking about the complete opposite situation of course, if we are to look at any horse racing card this week there will be a whole mixture of situations. On the opposite end of the spectrum to our ideal scalping situations - high-quality events where there is lots of information about the given race and horses in the field - there will be races that don't generate a huge amount of interest or just haven't got a lot of quality form to them.

For this reason there is more chance of the prices being incorrect, thus causing a larger shift of odds in the last ten minutes prior to the start when the majority of money is bet. This one is a bit more obvious and if your quick enough to spot it there are opportunities to pick up some easy profits, sometimes it's just a case of fastest finger first!

This last week in the UK there has been some pretty unpredictable weather meaning lots of last-minute going changes, obviously when the going changes the odds have to as do the chance of various horses winning the race. Other great examples of this over the last month were when Rory McIlroy split up with Caroline Wozniack, within hours of the news breaking his odds had drifted several points.

If you follow the football it's no different when news of big transfer deals are made. This is a little more difficult to gauge, although using a tool like Geeks Toy trading softwar e can make everything that bit clearer.

Before you reach the point of trading though it can be a good idea to weigh up what you think the general public and bookmakers will be thinking. The most clear-cut example I can give you involve Barney Curley , a now retired horse racing trainer.

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If you're not familiar with the name he was often linked in with very large gambles. The knock-on effect being that if a Curley horse appeared to be receiving support then it had the potential to turn the entire market on its head with bookies running for cover and the average punter jumping at the chance to get a bet on.

Swing Trading: Looking for a big move | Betting @ Betfair

The price would tumble rapidly, adversely if there was no gamble the price would drift heavily in the final minutes with the crowd taking it on as an indicator the horse was no good. Either way it presented traders with massive price swing opportunities.

There are similar links now if you look hard enough although not as extreme, for example the combination of Richar Hannon and Richard Hughes in two-year old races often do very well and the public know this.

Finally, it's important to mention the price ranges where swings in price occur are often on the low side below [4.

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Lower grade races can often provide big swings in the betting. Lack of Information This may seem quite obvious if you've read the previous post about scalping.

Change in Circumstances This one is a bit more obvious and if your quick enough to spot it there are opportunities to pick up some easy profits, sometimes it's just a case of fastest finger first!

Heavy Support or Resistance This is a little more difficult to gauge, although using a tool like Geeks Toy trading softwar e can make everything that bit clearer.

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