Forex Signals, to Follow or Not (Pipsnipers) ... | Page 51 | Forex Factory

Options

Go to
Permalinks
Print Thread

Similar Threads

Vwap does not follow the movement of the graph, Not updating 0 replies

Follow me and see for yourself if my strategy works or not. 11 replies

Filtering Signals on Super Signals v3 0 replies

Best signals if against the trend not worthy to use 7 replies

kharvell's EASY-to-follow thoughts 5 replies

Attachments: Forex Signals, to Follow or Not (Pipsnipers) ...
Exit Attachments

Forex Signals, to Follow or Not (Pipsnipers) ...

  • #1,001
  • May 9, 2008 6:59am May 9, 2008 6:59am
got an email from kinn. for the low introductory price of $250 p/month you can follow his trades. ok will do!!!
  • #1,002
  • May 9, 2008 2:10pm May 9, 2008 2:10pm
For $250 bucks a month I can't imagine anyone joining this room. I really can't (this room or any room). You know this guy sounds like a really nice guy, but the results just don't justify the cost. And anyone considering joining.....remember his recommended MM and how pips are counted. For $250 bucks a month.....you'll be going under slowly, but surely.

I'd love to drink a beer with this guy though. If anything to hear his accent. That Aussie accent is so cool.

Inserted Code
April
Total chart pips = [b]738[/b]
Total MM pips = [b]564.5[/b]
Number of trades = [b]181[/b]
[size=-2]Average pips per trade = [b]4.1[/b]    Average Win = [b]16.5 pips[/b]    
Average Loss = [b]-18.2 pips[/b]     Win Ratio = [b]64%


[/b][/size]May 1st - May 9th
Total chart pips = [b]287[/b]
Total MM pips = [b]235[/b]
Number of trades = [b]48[/b]
[size=-2]Average pips per trade = [b]6.0[/b]    Average Win = [b]17.5 pips[/b]    
Average Loss = [b]-19.5 pips[/b]     Win Ratio = [b]69%
[/b][/size]
  • #1,003
  • May 9, 2008 3:55pm May 9, 2008 3:55pm
Quoting GulfCoastPip

I'd love to drink a beer with this guy though. If anything to hear his accent. That Aussie accent is so cool.
I am not sure where Kinn is from originally, but that "Australian" accent of his is heavily laced with some other not so Australian accent!!
  • #1,004
  • May 10, 2008 5:38am May 10, 2008 5:38am
Quoting macbow
I am not sure where Kinn is from originally, but that "Australian" accent of his is heavily laced with some other not so Australian accent!!
He is originally from Africa
  • #1,005
  • May 10, 2008 10:10am May 10, 2008 10:10am
[quote=GulfCoastPip;1993246]
I'd love to drink a beer with this guy though. If anything to hear his accent. That Aussie accent is so cool.


Kinn doesn't have an Aussie accent !
  • #1,006
  • May 10, 2008 10:17am May 10, 2008 10:17am
Well out of sheer morbid curiousity I could not help but watch the trade calls in Kinn's free room but that entertainment will have to now end as he is going to charge $250 for the privilege of trading with him for the next six weeks. For the next month after that, he is going to be traveling, probably with the money he stole from us all. The last free day on Friday was absolutely unbelieveable. Kinn continued to try to trade against the trend on the pound yen and euro yen and took losses of 21, 60, 41 and 36 (this last loss still hasn't been posted on his trade tracker) pips on his countertrend trades. Despite protests from some room members, he just kept calling those countertrend trades, saying only "this is my style." This whole affair, beginning with Kinn's "journal" with his alleged 3,000 to 4,000 pips per month, the PS debacle, and now watching Kinn"s "style" in his free room has been unbelieveable, almost surreal. Thank God it does appear that most people have seen through his crap, however, as there were only 28 people logged into his free room on Friday. With 28 people there for free, how many do you think will be paying him his $250 fee? Jason and Kinn are two of a kind, living in their own dream worlds as forex trading gurus, legends in their own minds. I did at least gain something from all of this. I have gone back to trading on my own with a simple method I learned almost 2 years ago and am doing far better than I ever did trying to trade calls from these "experts." Learn from your mistakes and move on (although I would still like to see Jason sitting in a jail cell because he is nothing but a common thief, scam artist, and criminal; I don't think Kinn is the same--I just think he is delusional about his forex trading skills but he did wrongly take $143,000). Good luck everyone.
  • #1,007
  • May 10, 2008 11:17am May 10, 2008 11:17am
Quoting Ladybird
I'd love to drink a beer with this guy though. If anything to hear his accent. That Aussie accent is so cool.


Kinn doesn't have an Aussie accent !
If not's not, the Aussie accent is still cool. Maybe it was amar that had the accent. Not sure who, know I heard it in that room though. And everything else I mentioned is true also.
  • #1,008
  • May 11, 2008 5:17am May 11, 2008 5:17am
[quote=flyingdawg;1993772 I have gone back to trading on my own with a simple method I learned almost 2 years ago and am doing far better than I ever did trying to trade calls from these "experts.".[/quote]

So what's the simple method you learned 2 years ago? i'd be interested to know more about it or where i can read up on it. thanks
  • #1,009
  • May 11, 2008 8:45am May 11, 2008 8:45am
Quoting pipmag
So what's the simple method you learned 2 years ago? i'd be interested to know more about it or where i can read up on it. thanks
The best method is to know your s and r levels and understand what is going on in the economies of all of the countries. You do not need to know everything about the economies but you do need to keep yourself updated daily on the most pertinent information. There are a lot of technical indicators out there but the best indicator is your knowledge of the market in general.
  • #1,010
  • May 11, 2008 8:51am May 11, 2008 8:51am
Quoting flyingdawg
Well out of sheer morbid curiousity I could not help but watch the trade calls in Kinn's free room but that entertainment will have to now end as he is going to charge $250 for the privilege of trading with him for the next six weeks. For the next month after that, he is going to be traveling, probably with the money he stole from us all. The last free day on Friday was absolutely unbelieveable. Kinn continued to try to trade against the trend on the pound yen and euro yen and took losses of 21, 60, 41 and 36 (this last loss still hasn't been posted on his trade tracker) pips on his countertrend trades. Despite protests from some room members, he just kept calling those countertrend trades, saying only "this is my style." This whole affair, beginning with Kinn's "journal" with his alleged 3,000 to 4,000 pips per month, the PS debacle, and now watching Kinn"s "style" in his free room has been unbelieveable, almost surreal. Thank God it does appear that most people have seen through his crap, however, as there were only 28 people logged into his free room on Friday. With 28 people there for free, how many do you think will be paying him his $250 fee? Jason and Kinn are two of a kind, living in their own dream worlds as forex trading gurus, legends in their own minds. I did at least gain something from all of this. I have gone back to trading on my own with a simple method I learned almost 2 years ago and am doing far better than I ever did trying to trade calls from these "experts." Learn from your mistakes and move on (although I would still like to see Jason sitting in a jail cell because he is nothing but a common thief, scam artist, and criminal; I don't think Kinn is the same--I just think he is delusional about his forex trading skills but he did wrongly take $143,000). Good luck everyone.
I use to sit there and watch Kinn buy the g/j in a definate downtrend. He would use the 1 min or the 5 min chart to trade the g/j. How insane is that??????????????.All within a 3 min time frame he would say...I have a short signal, I have a long signal...nooooooo I have a definate short signal. What the Heck????? That was insane!
  • #1,011
  • May 11, 2008 9:02am May 11, 2008 9:02am
Do your technical analysis for entries only. When you wake in the morning, go find out the general market sentiment. Have your charts marked with buy and sell entries (accd to tech analysis)then trade them according to mkt sentiment such as....what took place with the gbp overnight? What took place with the jpy and the Nikkei overnight? Then trade your tech analysis and your buy or sell areas accordingly. The mkt is driven by the state of the economies and the traders interpretation of them.
  • #1,012
  • May 11, 2008 1:35pm May 11, 2008 1:35pm
I was interested in Pipsnipers at the start. A friend pointed them out. But i believe if things are too good to be true, they usually are.

How did Pipsnipers get 500 members from in the 1st place? They didnt seem to advertise, nor are they well known in forex.

So my question is, how did you hear about them, to join in the 1st place?

dsb104
Forex rules
  • #1,013
  • May 11, 2008 4:40pm May 11, 2008 4:40pm
Quoting PipsGalorefx
I use to sit there and watch Kinn buy the g/j in a definate downtrend. He would use the 1 min or the 5 min chart to trade the g/j. How insane is that??????????????.All within a 3 min time frame he would say...I have a short signal, I have a long signal...nooooooo I have a definate short signal. What the Heck????? That was insane!
As a matter of fact I have learned from my partner how to trade GJ on a 3min and 5 min charts and it really works. However you really have to be fast and understand your system well. With the right system one can trade of small TF and make lots of pips, I do it every day.
  • #1,014
  • May 13, 2008 2:18am May 13, 2008 2:18am
Quoting flyingdawg
Well out of sheer morbid curiousity I could not help but watch the trade calls in Kinn's free room but that entertainment will have to now end as he is going to charge $250 for the privilege of trading with him for the next six weeks. For the next month after that, he is going to be traveling, probably with the money he stole from us all. The last free day on Friday was absolutely unbelieveable. Kinn continued to try to trade against the trend on the pound yen and euro yen and took losses of 21, 60, 41 and 36 (this last loss still hasn't been posted on his trade tracker) pips on his countertrend trades. Despite protests from some room members, he just kept calling those countertrend trades, saying only "this is my style." This whole affair, beginning with Kinn's "journal" with his alleged 3,000 to 4,000 pips per month, the PS debacle, and now watching Kinn"s "style" in his free room has been unbelieveable, almost surreal. Thank God it does appear that most people have seen through his crap, however, as there were only 28 people logged into his free room on Friday. With 28 people there for free, how many do you think will be paying him his $250 fee? Jason and Kinn are two of a kind, living in their own dream worlds as forex trading gurus, legends in their own minds. I did at least gain something from all of this. I have gone back to trading on my own with a simple method I learned almost 2 years ago and am doing far better than I ever did trying to trade calls from these "experts." Learn from your mistakes and move on (although I would still like to see Jason sitting in a jail cell because he is nothing but a common thief, scam artist, and criminal; I don't think Kinn is the same--I just think he is delusional about his forex trading skills but he did wrongly take $143,000). Good luck everyone.

It's a perfect term to describe my visit's to KingPips () torture chamber as well.
Today, the last "free" day was probably the best/worst (depends where you sit). Kinn started with going long the GBP pairs, reversed after early losses and got whipsawed again. It was simply hillarious but at $250/mth it should attract only the most hardcore masochists. Good bye Hakuna Matata. Enjoy our $143,000. Now it's obvious this the only money you've ever made in Forex.
  • #1,015
  • May 13, 2008 8:35am May 13, 2008 8:35am
Yeah Lazytrader, it was a truly grand finale for Kinn's free room--12 trades for a loss of 123 chart pips, including his last two trades which gloriously lost 45 pips on a countertrend trade on the GBP/JPY and 65 on an attempted news trade on the GBP/USD. What a way to go out in flames. But always remember, "that's his style." Everybody rush to send him your money so that you can follow his calls tomorrow!!! Good luck to all of you guys and gals with your future trading.
  • #1,016
  • May 13, 2008 9:15am May 13, 2008 9:15am
Quoting flyingdawg
Yeah Lazytrader, it was a truly grand finale for Kinn's free room--12 trades for a loss of 123 chart pips, including his last two trades which gloriously lost 45 pips on a countertrend trade on the GBP/JPY and 65 on an attempted news trade on the GBP/USD. What a way to go out in flames. But always remember, "that's his style." Everybody rush to send him your money so that you can follow his calls tomorrow!!! Good luck to all of you guys and gals with your future trading.

  • #1,017
  • May 14, 2008 1:11am May 14, 2008 1:11am
Quoting flyingdawg
Yeah Lazytrader, it was a truly grand finale for Kinn's free room--12 trades for a loss of 123 chart pips, including his last two trades which gloriously lost 45 pips on a countertrend trade on the GBP/JPY and 65 on an attempted news trade on the GBP/USD. What a way to go out in flames. But always remember, "that's his style." Everybody rush to send him your money so that you can follow his calls tomorrow!!! Good luck to all of you guys and gals with your future trading.
Thats what you call a Pip Stash!!!!!!
  • #1,018
  • May 15, 2008 6:16pm May 15, 2008 6:16pm
Quoting brok
I have been watching several paid rooms and their performances for the last few days. Actually nobody can say Kinn has done bad.. Up to today for the last 4 days of the week he has made +370 pips (+260 pips in his style of moeny management).. I may be sounding like defending Kinn but I am saying this stepping aside from any view and feeling without prejudice. This is the pip count. I can't say anything about subscribing to the room since it is not allowed here but if we are going to discuss the performances of the rooms do not write down wrong statements... If anyone willing to discuss other rooms performances just pm me...

ahhhh brok to kinn's rescue as usual
  • #1,019
  • May 15, 2008 6:21pm May 15, 2008 6:21pm
i have heard that Hosea's (aka turn1to100) calls have been great. Congrats! but someone emailed me this and i found it interesting. And hosea's a pro? check this link out. http://www.forexfactory.com/showpost...9&postcount=13 (http://www.forexfactory.com/showpost.php?p=1624359&postcount=13)
  • #1,020
  • May 16, 2008 8:24am May 16, 2008 8:24am
Brok, what exactly are the inaccuracies that have been posted about Kinn's trades? If you pull back from the emotion and look at the numbers, the results remain very poor. And Kinn also has been doing everything in his power to make the numbers look better than they are. For example, his Trade Tracker no longer lists the average pips per trade. Why do you think that is? Well, for May, when he has "returned to form", he is only averaging 4.7 pips per trade. As explained before, that does not account for commission or spread so try to make a profit with that!! Also, in my last post I referred to a large loss that Kinn failed to list. That loss was never posted. Even more interesting is on the day when Kinn took his largest losses, he mysteriously entered a trade in the US session, when no one ever is in his room because he almost never trades that session, and had a big win "to winn back all of the losses." Now that's just a bit too coincidental, don't you think? Sounds a bit like the old Pip Snipers gang at work. Look through his entire history and see how many trades he has made during the US session. And don't forget that he now posts "chart pip" totals in addition to his MM totals to try to make his numbers look better. Personally, I think it all just shows how desperate he is to post positive numbers and it shows how full of crap he is. What's your response to all of this since you come here and question the accuracy of our comments? Are you in the paid room? If so, are you really taking his trade calls? My final thought is that it would be impossible to succeed in any way with his trade calls unless you stayed online constantly through the Asian and Euro/London sessions. If you could only trade for a few hours, what are the odds that taking a few of those huge losses he takes would kill your account? And during Asia, he is just popping in between patients to trade so you never know when he will actually be online. During Euro/London he is almost always online taking a huge number of trades that seldom exceed 60 percent success rate with huge losses on some trades. Brok, do you really have enough confidence in Kinn to login and take his trade calls without question? Kinn and Jason screwed hundreds of people out of their money. I try to be fair in my evaluations of Kinn but there is not way, based on his actual trade calls, that I will allow you or anyone else to come here and encourage people to send their hard earned money to Kinn or to risk there hard earned money following his trade calls. I encourage you to respond directly to anything I have written but it seems grossly unfair to come on here and brag about Kinn's supposed success during four trading days. Oh yeah, and when is Kinn actually going to get enough confidence in his own trades to use 2-5% margin like he has constantly said he is going to do. So Brok, keep trading 50 cents a pip, pay Kinn hundreds of dollars per month, and enjoy yourself.
1 trader viewing now