BluePipsOnly review
General information
Let's analyze the provider of signals for gold BluePipsOnly. The provider is based only on Telegram. The provider offers services of paid signals, and also gives free signals. The provider has no website. Let's take a closer look at the provider.
Social network
The provider has an instagram account with over 10,000 followers. The provider is not active in instagram because the last post was published in 2020. And it is not clear how the provider could get so many subscribers if there is no activity.
https://www.instagram.com/bluepipsonly/
Telegram
Provider's main source of signals is the Telegram channel. There are 1164 people subscribed to it. If you look at the number of growth of subscribers, you will see that it was falling and then there is a slow growth. There are no signs of fake subscribers. The growth diagram looks healthy.
Weekly trading results are regularly posted on the channel. As noted above, the signals only on gold. The provider does not hide the subscribers of its VIP group. Paid services of the provider are used as it is seen by 239 clients.
Signals
Let's analyze one of the latest signals from the provider's Telegram channel. The signals was on November 1 to buy gold at the price of 1984. Stop loss at the level of 1979. There are 2 take profits, the first at the level of 1987, and the second at the level of 1993. After opening the trade, the price immediately went up and the trade closed with a profit. The provider reported it, and the second TP was closed manually. Overall profit is 110 pips.
The next signal from the channel was on November 2, this time to sell gold at the price of 1985. Stop loss at the level of 1989. Also given 2 take profit first at the level of 1981, and the second at the level of 1975. After opening the trade, the price immediately went down and the trade closed with 40 pips profit. But the price did not reach the second take profit.
The last signal from the channel was on November 3, again to buy gold at the price of 1989. Stop loss at the level of 1985. Also given 2 take profit first at the level of 1993, and the second at the level of 1999. After opening the trade, the price went up and the trade closed with a profit. Two targets were reached, making a total of 140 pips.
Reviews
There are no reviews on major review platforms about this signal provider, including in the provider's Telegram channel. But there are reviews from the provider's instagram. Such reviews certainly do not inspire confidence.
Conclusion
BluePipsOnly is a completely anonymous provider. There is no website to easily find out information about the provider, or social networks, except instagram. However, it doesn't provide enough information either. Despite this, the provider has good analytical skills. It only focuses on gold, which is good because it reduces risk. Some things are questionable like the absence of myfxbook. It would help clients to know more about the provider's abilities.
