Tag: correlated

Newton would have used exchanges

Newton’s Third Law states that for every action there is an equal and opposite reaction. Sometimes people are perplexed at how you can correctly call price action on an exchange, but sometimes it’s quite easy; thanks to referancing Newton’s third law.

Every betting market must add up to 100%. It’s impossible for it to exceed that value in either direction for any prolonged period of time. So if something is coming in, in one direction, this means something else, either …