XtremePipPoacher Review – XtremePipPoacher is a new multi-currency Forex trading automation software created by Drew Collinson who is a Forex system developer. Drew is not a new comer to the Forex market, as a matter of fact he has been doing this for 26 freaking years! According to reports that I have read, Drew Collinson have tested over 500 EAs before developing his own and now using it in favor of the rest software.
XtremePipPoacher unique BDT broker detection technology identifies and displays the trade slippage information that helps with your trading. As far as the results, the backtest summary offered on the site shows a very low drawdown of 1.27% but an average loss trade significantly higher than the average win. In the long run that describes a risky strategy.
XtremePipPoacher EA is fully automated and if you can spare a little over 10 minutes of your time during the day to monitor it, that can work too. XtremePipPoacher works on MetaTrader 4 and with any broker on multiple currency pairs (EUR/USD, USD/JPY, GBP/USD and USD/CHF).
Some Questions – Answered
1. How does Drew Collinson use XtremePipPoacher Professional Trader Software?
It must be noted that XtremePipPoacher automates all of Drew’s trading algorithms for him, meaning that it is taking him just minutes a day to tweak his robot and make money as compared to the past when he would have to spend at least 6 hours every day staring at the price charts. Can you see yourself doing this same thing too?
Also to note is that XtremePipPoacher’s EA is programmed to make money from all the main currency pairs (EUR/USD, GBP/USD, USD/JPY and the USD/CHF) and is categorized as a medium trading bot. It gets in and out of trades within a couple of days and does not usually complete its trades within minutes unlike a scalping trading bot.
2. How will XtremePipPoacher help you earn more money?
You no longer have to spend many hours staring at all the different currency pair price charts at once and analyzing them at the same time. Using the XtremePipPoacher automated software you can expect to make money from the price movements in the markets after only spending a couple of minutes every day tweaking it.
The XtremePipPoacher robot eliminates your personal emotions getting in the way of your trading, whether its greed, or fear of success. It has been found that the results of traders who are just beginning are hampered because of the fear or doing the wrong trades during the day, XtremePipPoacher takes away that fear.
Firstly after you have downloaded XtremePipPoacher use the default settings until you have a better idea of how the EA trades. It is obvious that Drew Williamson would have set up the money management system with his settings. As a member of XtremePipPoacher you will have access to a personal success coach who is responsible for your success using XtremePipPoacher system. This is someone with whom you can convey any needs or problems to directly. This is importent especially for beginners or troubled forex traders who just can’t make the next leap.