Forex Robot Reviews

Forex Xtreme Pip Poacher EA Review (Pip Poacher SCAM)

Review of the Xtreme Pip Poacher EA by Drew Collins

WARNING: Xtreme Pip Poacher is a copy of Forex Robovore!


 

EA Name Currency Pairs Timeframe Strategy ECN 4&5 Digits Take Profit Stop Loss Home Page
Xtreme Pip Poacher EUR/USD, USD/JPY, GBP/USD and the USD/CHF H1 Unknown Yes Yes Unknown Unknown Xtreme Pip Poacher 

Performance (Extreme Pip Poacher EA Test Results)

License

Extreme Pip Poacher pricing and licensing is still unknown.

 

Strategy

Extreme Pip Poacher is developed by Drew Collins who claims to have tried over 550 systems and now discovered the holy grail. Curious to find out what this strategy actually is as his sales pitch doesn’t really reveal much about his system, rather about systems that don’t work.

 

Recommended Brokers

FX Open and Iam FX are two great brokers for running robots with their tight spreads and great execution time during all hours of the day.

 

Conclusion

Extreme Pip Poacher talks some trash about scalping and brokers manipulating it. While thats great and most people already know this (FAP Turbo anyone?). The sales video really threw me off as it seems like this guy is just trying to gain your trust telling you all the bad things brokers do. Most of us already know what brokers do especially with scalping so what gives. He also goes off on typical forex robot releases being over-hyped with fake results or manipulated backtests. Seems like he is preaching to the newbiest of the newbs in forex. He then claims to have found a glitch with brokers with slippage allowing you to see if your broker is trying to cheat you. The video goes on and on and on, and I closed it before he even got to talking about his system. Will draw a final conclusion with this thing is actually released.

  Safe To Buy?

NO!

Extreme Pip Poacher has NOT been approved for purchase because it is a complete copy of another EA.

Overall Rating

20 Comments
  • The Juice - Posts:
    January 12, 2011
    Reply #1

    The same guy that is selling this xtreme pip pocher is also selling xtreme traffic arbitrage, which in a marketing system not forex. He uses drew collins as his name on the pocher website and uses mark sherwood on the arbitrage website.
    This guy is a joke!

  • Ely - Posts:
    October 18, 2010
    Reply #2

    How many versions has Xtreme issued since the EA’s release. As far as I know, Robovore showed pretty good results

  • Greg - Posts:
    August 12, 2010
    Reply #3

    Well I have it installed for over 2 weeks on demo and it is a trend trader but has performed very well. It has huge SL but huge TP also so risk to reward ratio is good. I have has DD of 150 pips but NO losing trades so far. I’m up about 700 pips in 2 weeks !
    I really don’t give a damn about the Robovore copy thing, I heard that they bought their license, it was legit ! All I care is that the bloody thing works and so far so good !

    • Jacobs - Posts:
      February 23, 2011
      Reply #4

      What is the status of XPP now? Still performing very well?

      Jacobs

  • ab - Posts:
    August 10, 2010
    Reply #5

    Have been onto the support ,which is very good, complaining about the draw down and lack of action, was told that it was swing trading and not scalping…er…like I didnt know already….! Anyway they said give it a few weeks on demo to settle and then if I didnt like it they would refund in full no problem, will probably end up doing that as so far it hasnt been great, but will give it another few weeks

  • Will - Posts:
    July 27, 2010
    Reply #6

    Amazing how all the usual affiliates are instant experts who enthusiastically endorse this “New” product……have a look at the pre-prepared sales pitches by clicking the affiliate link at foot of main web page. It also shows that the sale is a three stacker……..not just a “fries with that” approach…more like like “wanna bun with that?”!
    Wouldn’t it be nice to just buy one EA that is stand alone and effective, direct from its creator?
    Will

  • Admin - Posts:
    July 27, 2010
    Reply #7

    Looks like Xtreme Pip Poacher is a copy of Forex Robovore. I knew that video was a bit over the top and something had to be up.

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