The Oil Well *PRICE CHANGE*

For those that don't know the price of the oil well indicator will be jumping from $47 to $97 after tomorrow (Friday 11/1) If you want to start testing i'd recommend taking the 30 day trial now so your locked into the $47 price, if your not happy with it you can simply get your money back after your testing period. Sign up is easy and I can help with the setup if you need it. If you have any questions you can ask me in the chat or simply ask in the comments section. To test THE OIL WELL now CLICK HERE

The Oil Well (Day 11 testing)

Today was a bit of a tease. The market came within 2 ticks of filling us on our first possible trade, and we were 1 tick from being filled on the second trade. Both would of been winners. But the market just didn't give them to us today. Such is trading. Hopefully tomorrow will be better. Either way I'd rather have no trades than a losing trade so I cant complain. (To test THE OIL WELL for yourself CLICK HERE)

The Oil Well (Day 10 testing)

Well today was a good day, and to be honest im a bit surprised. There were several u.s. news releases and I figured we'd get several false signals but that wasnt the case. We got 1 signal today and it was a good trade. Its nice to see this does well even on heavy news days as alot of systems dont. Be warned that the oil well is jumping in price to $97 per month very soon so if your interested jump in now to atleast get locked into the lower monthly price. (To test THE OIL WELL for yourself CLICK HERE)

The Oil Well (Day 9 Testing)

Today we had a beautiful setup but unfortunately it didnt get triggered. Even tho there were 0 trades today i uploaded the video so people wont think im not uploading losing days or something. I'm still impartial in my judgement until the end and every video will be uploaded. (To test THE OIL WELL for yourself CLICK HERE)

The Oil Well (Day 7 testing)

Today was a slow day, there was 1 trade today but it came at the end of my day around 4:15 and I happened to be at my cpu. There was another trade on the brent crude oil futures and unfortunately if your using rithmic data like me they dont offer the Brent. Remember folks, 3 minute charts, check news daily and refresh charts every 30 minutes. We dont want to make careless mistakes. (To test THE OIL WELL for yourself CLICK HERE)

The Oil Well (Day 6 Testing)

Today was a bit better. There were 3 chances to take a trade and I happened to catch 1 of them which was a winner. No complaints there. I didn't notice the second trade until I refreshed the chart but it was too late. I missed the first trade because I stepped away for an hour. I swear it seems like whenever I leave thats when the trades pop up. Lastly near the end there's something wrong with my cursor, its not pointing in the correct spots so just expect that. The testing will continue tomorrow. REMEMBER TO CHECK FOR U.S. NEWS (forexfactory.com) USE A 3 MINUTE CHART AND REFRESH CHART EVERY 30 MINUTES.(To test THE OIL WELL for yourself CLICK HERE) 

The Oil Well (Day 5 testing)

Not a very trade filled day but there was 1 lesson that needed to be touched on. Scott said in one of his videos that some days would be like this so its to be expected. A quick update, I did get a trade at 5 and took it and it turned out to be a winner. Obviously this wasnt in the video because of the time of day but I included the screen shot below. (To test THE OIL WELL for yourself CLICK HERE) 

The Oil Well (Day 4 testing)

Well today was a very slow day. It was also nfp day tho im not certain if that had anything to do with the lack of opportunities. The first chance to trade came 4 minutes before 2pm and even tho I usually stop trading at 2 I decided to take it since its technically within my time frame. Short video but worth a look. (To test THE OIL WELL for yourself CLICK HERE) 

10/22/2013 +$2437.50 (NFP)

Well today was an interesting trade. With all the slippage that i've seen since the shut down ended I decided to test this out with a 15 tick take profit and a 5 tick stop. I spoke with several other traders and everyone took between 7-11 ticks of slippage which is terrible considering were used to only taking 2 or 3. Lets just hope things will get back to normal before the next nfp release. (To test JOBB for yourself CLICK HERE) 

The Oil Well (Day 3 testing)

Well today was another uneventful trading day. Not much happened. Took a couple trades and missed a couple trades. I do like how the bell rings when there's a setup available. I can focus on other things and just click back over when its time. Anyway were still at the start of our little test so ill with hold my judgement until the end. (To test THE OIL WELL for yourself CLICK HERE) 

The Oil Well (Day 2 Testing)

Well today was a very slow day. I assumed we wouldn't get many trades because it was Friday and I was right. In fact we didn't get 1 trade to trigger today. There was 1 that would of been acceptable to trade but it was at 8:24 and I didn't get to the computer until a little after 8 :30 today.  Anyway next week we should have news trading back with nfp etc. so ill be trading that as well :-) Lets hope things get back to normal soon. (To test THE OIL WELL for yourself CLICK HERE) 

The Oil Well (Day 1 Testing)

Well today was interesting. I made 3 mistakes today that ill mention now. Firstly I forgot to enter the support and resistance lines, trend lines and pivot points. Secondly I forgot to enter my ATM strategy and Lastly I stopped trading 10 minutes early. I lost money from all 3 of these mistakes and today ended up being a break even day when it should of been a highly profitable one. Hopefully those mistakes wont happen in the future. Thanks for watching. (To test THE OIL WELL for yourself CLICK HERE) 

The Oil Well Introduction

Over the next couple of weeks ill be reviewing the oil well indicator. Because of the u.s. government shut down we haven't had many spike trades and those that we have had were full of slippage. Anyway this is just a quick intro. Ill be back tomorrow with a new video. (To test THE OIL WELL for yourself CLICK HERE)

10/2/13 +$31.25 (ADP NFP)

(Go full screen and switch quality to 720p to see the video better) Well today was a very small move. There wasn't a huge deviation so that might be the cause of such a small reaction. I really wanted to see how the zb would act after the government shut down but this isnt a good example. Hopefully next week there will be something worth trading before NFP comes back.  (To test JOBB for yourself CLICK HERE)