FAQ

Which pairs does ExcaliburForex follow?  

We now follow a total of 8 pairs; EUR/USD, GBP/USD, USD/CHF, USD/JPY, USD/CAD, EUR/JPY, GBP/JPY and AUD/USD.

At what time does ExcaliburForex update its signals? And at what time should I close my open positions?  

The Long term signals are updated each day by 6.00pm EST, and the signals are closed as advised- either a pre-set profit target or stop loss will be hit.

What does SL mean?  

SL = Stop Loss. Order type whereby an open position is automatically liquidated at a specific price.

Do you have stop losses?  

Yes, we will provide a stop loss for all trades. For the Long term signals, the stop loss is usually within 150 pips of the entry (often much less, but sometimes a little more depending on the volatility of the pair being traded). By the same token, the profits we make on each trade are usually measured in the hundreds of pips. As a result we advise you use LOW leverage. You would be amazed at how much money you can make using low leverage. For the short term signals our stops are usually about 40 pips.

Is the price in ExcaliburForex signals the Bid or Ask price?   

It depends, when our signal is a BUY, then it's the ASK price, and when it's a SELL, it's the BID price.

Do you offer a free trial?  

No. However if we fail to make 100 pips in a calendar month, then you get the next months subscription for free.

What is the history of the signal makers? How long have they been trading?  

Our signal makers have been trading professionally for over 9 years. 

Are ExcaliburForex services available worldwide?  

Absolutely. 

Do I have to follow the trade behind my computer during the day?  

No. For the long term trades, you simply enter the trade as advised in the members area and forget about it till the next day, when the trade may be updated at 6.00pm EST. For the short term trading system, you will be informed via email when a new trade is coming up, usually giving you at least half an hour before it gets triggered.

Does ExcaliburForex recommend its service to beginners or more experience traders?  

Both. For beginners, our system is quite easy to follow (and profitable) while they continue to learn the inner workings of the Foreign Exchange market. As for experienced traders, our system let's them enjoy great results without analysing the market for hours every day.

How often will I be trading each currency?  

For the long term system, on average you will make about 10 trades per month. We don’t provide a new trade every day because we only want to provide you with high probability trades. We are trading for profit, not to alleviate boredom. The short term system generates about the same number of trades per month.

How long do you hold your trades for?  

For the long term system, trades are held for anywhere from 1 to 14 days. The short term trades are usually intra-day, though they may be held overnight.

Why do you promote taking longer term swing trades rather than short term day trades?  

Because we work for the trader not for the broker. Brokers promote high leverage (because they can take your money faster) and frequent day trading (so they can take your money faster). We are not interested in giving the brokers any more money than they are entitled to. We have the goal of putting maximum cash into YOUR pockets.

How does your billing work?  

For your convenience your subscription will automatically renew at the end of each billing cycle.  You can cancel your subscription at any time by clicking on the 'unsubscribe' button on the sign up page.