2.5.24 Earlier today I posted a chart to show you that we should be looking for buyers on Oil. The market did find buyers after I produce the video.... around 10:00 am in the morning Eastern. I wanted to show you this market before the market traded into tomorrow and this gave me an opportunity to show you how the market looks and how I could stay with this market and make an analysis when officially we don't have tomorrow's prices..... actually I have them now because I'm typing this on the 6th... tomorrow. What is interesting about this market is that it looks like it may trade higher because of the dynamics of the reversal which was a very significant reversal from the low and the market hasn't retested that reversal... and so I showed you an ABCD pattern it may happen, But it might not happen..... I want to show you how to think in real time so that you can anticipate what the market might do.... then you manage your decisions. the probability at the time I did this video is that the market will continue higher for the reasons I stated on the video... this is because I'm looking at structural relationships and pattern relationships as opposed to waiting for indicators that are always lagging.... this is a very important issue to my trading. I never use the lagging indicators because a lagging indicator will never get you in at 10:00 in the morning. You may be getting long at 10:00 in the morning but you're not using a lagging indicator. most people use lagging indicators. most people do not make money trading. And if you listen at the end of the video your trade location is critical to your risk of drawdown and loss.