Oil Bobby's homework assignment

9 5 23 Oil is a great example of how markets can be easy to trade at times and difficult to trade at other times. My gut level feeling is it oil has taken out a lot of sellers and and then your natural inclination is to think that it should correct lower. What goes up a lot must come down at least a little. But sometimes what goes up a lot Doesn't correct so much and then it keeps Going higher. I think that is what is happening here but I'm not sure. and whether I'm a buyer or a seller, there is an issue of risk versus reward...And I have some issues with that as well. This is a real difficult trade decision for me.... but I believe the market will be making new highs.... I would really like to see one or two new bars and then that may bring greater clarity. It's still worth looking at because some markets are just tougher to make a trade decision and it has nothing to do with you as a trader....the market will bring clarity. Generally I do not call trades that are ambiguous... I try not to take trades that are ambiguous.... and that is because I am Ambivalent when trades are Ambiguous: that is one of my rules. I figure ambiguous markets are function of the market and buyers and sellers to make up the market. My ambivalence Is about my decision to not take a trade or to get out of a market. I don't worry too much about missing a trade.... I'm much more concerned about losing money in a trade that wasn't clear to me in the first place.