Forex And Metals Signals and Forecast by Cameroon Online School of Forex

Forex and metals signals and forecast from Cameroon Online School of Forex. The best Forex Academy in Cameroon, Central and West Africa.

EURUSD Sell target tp 1.2125 TF=4H

EURUSD has been on a dive for a one day and cmrforex forecast another 2 days drop till the 4th of January, 2021. Approaching Support level of 1.2125 identified at 01-Jan-00:00. As you continue the sell, get ready for the buy. Join our telegram group here https://t.me/cmrforexSignals 

AUDUSD Sell target tp 0.7684 TF=M15

AUDUSD has formed Head and Shoulders, has broken through the support line at 01-Jan-00:00. Possible bearish price movement forecast for the next 7 hours towards 0.7684. It is supported by downward moving average.

USDCHF buy target, tp 0.8879 TF=H1

Falling Wedge has broken through the resistance line at 31-Dec-18:00. Possible bullish price movement forecast for the next 18 hours towards 0.8879.
Supported by Upward sloping Moving Average.

USDCAD buy target tp=1.2875 TF=H1

Channel Down identified at 31-Dec-20:00. This pattern is still in the process of forming. Possible bullish price movement towards the resistance 1.2875 within the next 2 days.

LTCUSD buy target tp=130.34 TF=M30

Falling Wedge identified at 31-Dec-22:00. This pattern is still in the process of forming. Possible bullish price movement towards the resistance 130.34 within the next 12 hours

GBPJPY sell target 1.7259 TF=H1

Triangle identified at 01-Jan-00:00. This pattern is still in the process of forming. Possible bearish price movement towards the support 1.7259 within the next 2 days.

To learn forex trading with us, follow this link https://chat.whatsapp.com . Because brokers are different with different spread, we have the best broker for Cameroonians and Africans here https://my.octafx.com with the lowest spread in the forex market. Join our telegram group here https://t.me for free signals.

Contact or whatsapp +237675421156 to help you get the best leverage or account type.

31st Dec. 2020 Live Forex Signal-CMRFOREX

EURUSD target tp=1.2192 H1

Channel Up identified at 30-Dec-22:00. This pattern is still in the process of forming. Possible bearish price movement towards the support 1.2192 within the next day.

USDJPY target tp= 103.12 H1

Possible bearish price movement towards the support 103.12 within the next 4 hours.

Supported by Downward sloping Moving Average

GBPUSD target TP= 1.3738 M30

Broke through Resistance level of 1.3591 at 30-Dec-21:00

Supported by Upward sloping Moving Average

NZDUSD target TP= 0.7104 D1

NZD/USD experienced 5 consecutive bullish candles. Possible bearish price movement to follow.

BTCUSD target tp= 29557 H1

Rising Wedge identified at 30-Dec-17:00. This pattern is still in the process of forming. Possible bullish price movement towards the resistance 29557 within the next 13 hours.

Supported by Upward sloping Moving Average

CADCHF target TP= 0.6959 H4

Triangle identified at 30-Dec-12:00. This pattern is still in the process of forming. Possible bullish price movement towards the resistance 0.6959 within the next 3 days.

EURCAD target TP=1.5580

Triangle has broken through the support line at 30-Dec-14:00. Possible bearish price movement forecast for the next 3 days towards 1.5580.

Supported by Downward sloping Moving Average.

GBPCHF target TP= 1.2123 H4

Rising Wedge identified at 30-Dec-16:00. This pattern is still in the process of forming. Possible bullish price movement towards the resistance 1.2123 within the next 2 days.

Supported by Upward sloping Moving Average

Cameroon Online School of Forex is the best forex academy in Cameroon and the whole of West and central Africa.

To learn forex trading with us, follow this link https://chat.whatsapp.com . Because brokers are different with different spread, we have the best broker for Cameroonians and Africans here https://my.octafx.com with the lowest spread in the forex market. Join our telegram group here https://t.me for free signals.

Contact +237675421156

29th Dec analysis of a few forex pairs

EURUSD target TP 1.2253 H1

Approaching Resistance level of 1.2253 identified at 29-Dec-05:00 

Supported by Upward sloping Moving Average

USDJPY target TP 104.25 H4.

Triangle has broken through the resistance line at 28-Dec-20:00. Possible bullish price movement forecast for the next 2 days towards 104.2151. 

Supported by Upward sloping Moving Average

GBPUSD target TP 1.3618 H1.

Channel Up identified at 29-Dec-04:00. This pattern is still in the process of forming. Possible bullish price movement towards the resistance 1.3620 within the next day.

AUDUSD target TP 0.7622 H4

Triangle identified at 29-Dec-08:00. This pattern is still in the process of forming. Possible bullish price movement towards the resistance 0.7623 within the next 2 days. 

Supported by Upward sloping Moving Average

USDCHF target TP 0.8838 M30.

Broke through Support level of 0.8874 at 29-Dec-05:30 

Supported by Downward sloping Moving Average

XAUUSD target TP 1855 H1

Approaching Support level of 1851.6000 identified at 28-Dec-23:00 
Supported by Downward sloping Moving Average

CHFJPY target TP 117.10   H1

Broke through Resistance level of 116.8295 at 29-Dec-03:00 

Supported by Upward sloping Moving Average

BTCUSD target TP 25700 M15

Broke through Support level of 26225.8398 at 29-Dec-07:15 

Supported by Downward sloping Moving Average

Cameroon Online School of Forex is the best forex academy in Cameroon and the whole of West and central Africa.

To learn forex trading with us, follow this link https://chat.whatsapp.com . Because brokers are different with different spread, we have the best broker for Cameroonians and Africans here https://my.octafx.com with the lowest spread in the forex market. Join our telegram group here https://t.me for free signals.

Contact +237675421156

Read Here On What Led to the Creation of Cameroon Online School of Forex, The Best Forex Academy in Cameroon

Cameroon Online School of Forex- CMRFOREX was created in 2017 by Rooney Nshing to give a solution to those who were scammed in Cameroon from multi level schemes and also to reduce unemployment rate among youths in the Cameroon.

Rooney rekindled foreign exchange trading in Cameroon which has existed for 50 years + in the world where referral is not needed, where a certain time or day is not stated during the trading day before you can withdraw your cash  to online wallet or bank account. Note that all multilevel schemes always precise day and time before you can withdraw. More to that they never last.

The Best Forex Academy in Cameroon teaches you how to buy and sell currency pairs and metals online just with a mobile phone or laptop anywhere on earth. This is what banks do, exchanging Dollars to CFA and many other foreign currencies.

Cameroon Online School of Forex came in to explosion in 2018 and became the talk of every city in Cameroon as the best forex academy in Cameroon and West Africa.

Statistics shows that 70% traders in or from Cameroon and 90% trainers are trained by Cameroon Online School of Forex whose aim is to make 2000 millionaires in Cameroon before 2022.

With online training as of 2020 statistics, CMRFOREX has trained 1350 Cameroonians, 18 Nigerians, 15 Ghanaians, 4 USA, 5 CANADA, 10 Cyprus, 25 UAE, 2 China, 1 South Korea, 7 Belgium, 10 United Kingdom, 13 South Africa, 4 Tanzania, 3 Uganda as her worldwide coverage.

Because Forex requires constant learning, after your training you remain under CMRFOREX mentorship. This is a lifetime union.

Today the CEO has created a Forex signal group https://t.me/joinchat to help inexperienced and experienced traders to benefit from his  team of experience traders. Join us here.

Cameroon Online School of Forex offers monthly training on all social platforms like Whatsapp, Zoom, YouTube, blog, Facebook and Google.

Cameroon Online School of Forex is the first Forex academy to develop her own indicator with 80% efficiency. It works best on MT4 laptop installed. Mobile phone alerts manual attached when bought. To buy your #kopindicator, contact 675421156.

To join our next training batch, follow this link https://chat.whatsapp.com Or do you need the best broker for Cameroonians and Africans? Create an account here https://my.octafx.com or whatsapp +237675421156 to get directives on how to get the best account type.

2020 New Year 90% training discount is waiting for your catch in CMRFOREX. Join us now, get trained and breath the wealth you have been dreaming for.

Happy New Year 2021

CMRFOREX-Cameroon Online School of Forex 🎆

If You Want To Be Successful As From 2021 Read This

 

[A must read From the Cameroon KingofPips-KoP]

You wanna be successful but you keep doing this?

A day got 24hrs when you ÷ 3=8hrs

Use each 8 hours accordingly.

👉How can you spend 8 hrs in front of tv and wanna get rich.

👉How can you spend time on Facebook and whatsapp searching for likes and comments while others crave millions from it daily.

👉All you keep consuming is data right?

👉Start with just a little you have. Don't borrow because you wanna start at the top. What if it fails? You will still borrow to payback.

👉Stop interacting with lazy people. They are simply a disease in every face of business.

👉Listen to great success ideas especially on YouTube and if you have a chance to meet one then great.

👉When you hear of failure from a friend about a business you are exited to share it. Study it instead.

👉Don't spend to show off  to people that you're a big gun. Spend because it's necessary.

👉To succeed you just need to start it. Take your time and attend business events. Good motivators are always there.

👉Know that you are aging and your kids are growing. You need to give them the best they deserve.

👉Stop being happy when people call it a scam. Do your own research.

👉 Keep 8hrs as your resting time and 16 for business and God. Note that a baby must sleep for 16hrs a day. Don't sleep like this baby.

👉A degree doesn't make you successful. Start anything if your certificate hasn't given you a job for now.

👉After all education is not only obtained in school. 98% of rich Cameroon's wealthy men are FSLC holders. Friend you can't teach them biz.

👉 Stop saying that it's ritual money. Can u differentiate it? You are simply jealous. Join me here https://chat.whatsapp.com/EeZ0JbkOX1BK5TpKTorkBi let me teach you how to make money buying and selling currencies online. All you need is either a laptop or an android phone. No referral till the end of age.

Greetings from Cameroon Online School of Forex

🇨🇲kingofpips.

90%scholarship 28th Jan 2021.

Share with friends and family.

Whatsapp +237675421156

What You Need To know About NonFarm Payrolls Today The 4th December, 2020.

NFP also called NonFarm Payrolls report measures the number of jobs add or lost in the US economy over the last month. Learn Forex trading in Cameroon with Cameroon Online School of Forex. Join us here https://chat.whatsapp.com/EeZ0JbkOX1BK5TpKTorkBi or contact 675421156.

Today we will see the last US non-farm payrolls of this year. Are you excited? This is your lucky chance to follow the change in the employment data of the biggest economy – be sure you are well prepared for it! 

The release is expected at 15:30 MT (GMT+2) time (13:30 CAT) . Keep in mind that there will be three indicators published at the same time: non-farm payrolls (NFP), an unemployment rate and average hourly earnings. 

This powerful combination tends to make the US currency volatile right after the announcement. According to the forecasts, the US economy added 480 000 jobs last month. 

At the same time, the unemployment rate is forecast to show yet another drop and reach 6.8%. The average hourly earnings are expected to rise by 0.1%.

Right now, the USD is swimming in the multi-year lows. Thus, the positive figures may be important for the USD bulls. 

Remember that higher NFP and lower unemployment rate will push the greenback up! The alternative scenario, however, will pull it down. Follow EUR/USD, GBP/USD, USD/JPY and gold to take the maximum advantage out of upcoming data!

Create a real forex account here www.octafx.com/open-account and experience another layer of trading.

How To Trade Nonfarm Payroll-NFP

Nonfarm Payroll and the Pullback strategy.

What is NFP?

Nonfarm Payroll (NFP) is an economic indicator for the United States economy. It presents the number of jobs added excluding the agriculture sector (farm employees), government employees, private household and those of NGOs.

NFP new outbreak generally cause broad movement in the forex market. The news is released every first Friday of each month at 8:30 AM ET and 13:30 PM CAT.

What You Need to Know About NFP and Forex

• It creates high volatility in the forex market.
• Measures net changes in employment jobs.
• FX traders use economic calendar to prepare for NFP release.

How Does NFP Affects The Forex Market?

NFP is released by the Labor Statistics Bureau and release can be seen on an economic calendar. It is a great indicator for the current state of an economy.

Employment is a great tool for the Fed Reserve Bank. When unemployment is high, policy makers tend to have an expansionary monetary policy (boost low interest rates). The goal of expansionary monetary policy is to increase economic output and employment as well.

If unemployment rate is higher than usual, its obvious the economy is below its potential and policy makers will try to stimulate it. It lowers interest rates and reduces demand for USD.

Forex traders are ears-up of NFP data release. Traders should know that due to sudden increase in volatility, spreads do too and increased spreads can also lead to margin increase.

Currency Pairs are Most Affected by NFP

The NFP is a USD indicator, so your currency pairs include EURUSD, USDCHF, USDCAD, GBPUSD, AUDUSD, USDCHF, USDJPY and may others. Some pairs not even related to the NFP also show some mean volatility so traders should be aware.

Due to the volatility nature of the NFP, kingofpips of the Cameroon Online School of Forex urge traders around the world to use the pull-back strategy rather than breakout strategy. With the pull back strategy, traders should wait for a retrace before entering a trade.

NFP and pullback strategy

Points to Take Home

1. NFP release is accompanied with high volatility and increased spreads.
2. Currency pairs nit related to the USD could also be affected and spreads widened.
3. Finally NFP is released every first Friday of the Month.

To learn forex trading with Cameroon Online School of Forex, simply whatsapp +237675421156 for our next training batch or join here us https://chat.whatsapp.com/Ee . If you have been searching for the best broker in the Forex market, contact us to help you with one, best account type and a good leverage. Or just signup here https://my.octafx.com or https://fbs.com.

CMRFOREX-Cameroon Online School of Forex, 2020. 

How To Create A Live Forex Trading Account With Octaforex

Let's take a step by step way to create a live forex trading account with Octaforex. Octaforex is one of the best broker for Cameroon, Nigeria, Ghana, South Africa, Tanzania and the whole of Africa, Europe, Asia and South America. 

Note that Forex trading involves risk and you need to accept the trading agreement before you create your live or demo account.

Create a Real trading account now https://octafx.com deposit and start trading live.

To open an account with Octaforex is as simple as a,b,c. 

• Register an account: Click open account at the top right corner of the home page menu.
• Fill in full name, Email and create password: Provide real name from the pop up menu, email and get your password.
• Verify your registration email: Open your email and complete your verification process while verifying the email. click "confirm email address".
• Fill Personal details: Here you have to fill your personal details such as country, city, phone number, date of birth. The information given must be correct and up-to-date and subjected to KYC procedure and verification. You must be above 18.
• Select a trading platform: Here you need to choose a trading platform and account type i.e real and demo. A demo account is just used for practice while a real account is used for real trading.

Octaforex offer 3 accounts depending on the trading platform.

1. Micro account on MT4, which is good for those still forging their way into the forex market. It has hundreds of built-in indicators for more convenience.
2. Pro account on MT5, considered for retail trading. It has more trading assets and more indicators and many time frames. 
3. ECN account on cTrader, a modern platform which suits all users.

• Complete your account choice:After choosing a platform, click continue for your trading account to be created.

Here your will see the details of your account like; Account number, Account type, Currency(EUR or USD), Leverage( you can still change it on your setting) and Balance.

• Verify your account with your national identity card by clearly snapping and uploading the two sides or use international passport. Deposit and start trading. Octaforex accepts bitcoin deposits and withdrawals.

Signup or create a real account here https://octafx.com Thanks for creating your live account.

You can also decide to trade with https://fbs.com an official partner of FC Barcelona.

For more on Forex trading Contact Cameroon Online School of Forex-CMRFOREX (+237675421156). The most influential Forex trading academy in Cameroon.

How To Create a Blockchain Wallet To Send and Receive Funds

Blockchain is the most used and the most powerful bitcoin and cryptocurrency wallet in the world. It was designed to send and receive bitcoin but can now accept more than 4 cryptocurrencies like STELLAR XML, BCH, BITCOIN, ETHEREUM, USDD.

A Bitcoin wallet address is composed of 32 unique characters which allows you to send and receive bitcoin. Once you create a blockchain wallet, any currency in it has its own wallet where you can receive or send money.

To create a blockchain wallet, go to www.blockchain.info , click wallet, create your wallet. Enter an email address and password. Once you create it, your login details will be sent to your email which is a series of mixed characters and letters. All you need is to click it and enter your password to login.

BlockChain Wallet ID

A wallet ID also known as Wallet Identifier acts similarly to a username you use to access your email or login to your gmail account or Facebook. To login to your wallet, use your wallet ID, password and a 2 factor authentication if you enabled it.

Your wallet ID is a string of letters and numbers like this sample:

 

8a6fdded9-4253-534e-af6d-3fscbbf2db3cf

A wallet ID is used for login process and its different from receiving address. So it cannot be used to receive or send funds. That's the work of a blockchain address. Please never share your wallet ID with anyone.

How To Pair Your Blockchain Wallet to Use With Mobile App

A pairing code is a QR code allows you to sync your existing web wallet with iOS or Android device. Before you pair, make sure you have downloaded and install the latest version of blockchain for android or iOS. Once you open the app, follow these 3 steps on your existing wallet.

To pair your wallet with your mobile device, login to your wallet from a computer.

To display the pairing, click on "Show Pairing Code".

Once this QR code displays, you can scan it with your mobile device.

As with your wallet ID, you should never share your pairing code with anyone. The pairing code grants full access to your wallet and its funds. It should be used only by you when you wish to access your funds on mobile device.

How to send and receive money on your Blockchain wallet

• Click on send at the bottom of your screen if you are using a mobile phone and select the currency you wanna send.
• In the field, paste recipients's address or scan the recipient's QR code.
• Enter the amount you want to send.
• Once you are ready to send, click Continue to review the details of your transaction.
• Once verified, click send bitcoin or any cryptocurrency on your blockchain you wish to send.
• To monitor incoming and outgoing transaction on your wallet, click activity at the bottom left of your mobile app.

To receive money, click Receive and copy your wallet address and send it to your sender even through whatsapp, messenger, or even email or sms to fund your wallet. Once it is sent you will see it live on your wallet after 3 block confirmations.

Forex traders can use bitcoin to fund their trading accounts. To get the best broker who uses bitcoin to deposit (min $5) and withdraw ($1). Lowest spread, no swap and leverages of up to 1:3000. Signup here https://octafx.com or signup with https://fbs.com an official partner of FC Barcelona.

Contact +237675421156 to help you.

If you find our post helpful, you can simply copy this bitcoin address to chip in what you can to help us go for more research.

Bitcoin address: 1cNaVGe6feonPabcpJiSXbShUimURcKJ2 

Cameroon Online School of Forex, Rooney N.

USDJPY- US Dollar/Japanese Yen Analysis by Cameroon Online School of Forex

USD/JPY Forex Signal: More Bearish...

Volatility remains low compared to other major Forex pairs.

USD/JPY: USD weakness

Yesterday’s signals produced a profitable short trade from the bearish rejection of the resistance level identified at 107.42.

Today’s USD/JPY Signals

Risk 0.75%.

Trades must be entered from 8 am New York time Wednesday to 5 pm Tokyo time Thursday.

Short entry following a bearish price action reversal on the H1 time frame immediately upon the next touch of 1071.0, 107.42, or 107.76.

Put the stop loss 1 pip above the local swing high.

Adjust the stop loss to break even once the trade is 20 pips in profit.

Remove 50% of the position as profit when the trade is 20 pips in profit and leave the remainder of the position to ride.

Long Trade Ideas

Long entry following a bullish price action reversal on the H1 time frame immediately upon the next touch of 106.43 or 106.15.

Put the stop loss 1 pip below the local swing low.

Adjust the stop loss to break even once the trade is 20 pips in profit.

Remove 50% of the position as profit when the trade is 20 pips in profit and leave the remainder of the position to ride.

The best method to identify a classic “price action reversal” is for an hourly candle to close, such as a pin bar, a doji, an outside or even just an engulfing candle with a higher close. You can exploit these levels or zones by watching the price action that occurs at the given levels.

USD/JPY Analysis

I wrote yesterday that I was prepared to trade a reversal of any spike after the Bank of Japan’s release to either 106.42, 106.15, or 108.23.

The Bank of Japan’s release did strengthen the Yen somewhat, but no spike was made to any of the key levels identified.

The price has broken below the pivotal level at 107.10 and now looks more bearish but has not yet tested the recent lows just above 106.60. Volatility remains low compared to other major Forex pairs.

We are seeing more specific weaknesses in the U.S. Dollar which is pushing the price down.

If the price can go on falling to get established below 106.00, this would be a major long-term bearish breakout.

However, I feel the best bet for traders will be betting against this, by trading long any reversals at the long-term pivotal support at 106.15 in the unlikely event this sets up later today.

There is nothing of high importance scheduled today regarding either the JPY or the USD.

Cameroon Online School of Forex

Whatsapp +237675421156

Learn Forex trading with us or contact us to get the most reliable broker for Cameroonians.

A Word From The Must Influential Forex Trader in Cameroon

A MASSAGE TO THE CAMEROON YOUTH BY THE CAMEROON ONLINE SCHOOL OF FOREX CEO.

One outstanding failure in Cameroonian youths is that they are very slow. Be smart my dear youth. Take opportunities as they pop up. I have 200+ forex (foreign exchange) traders now and some took their training at a fee of 5k others 10k and other 15k n 20 respectively. Poverty is a mindset. I am not insulting because it's a reality. 

Your brilliant mates who were top in your class may be poor today because they wrote an entrance exams and made it but thought that was all they needed to make a handsome living. Average n smart guys went to university and met many people with different mindsets n had to learn many things.They finally smartup their mindsets. You can't live a good life on salary my friend. If u are above 25yrs and you can't bank 250k monthly, then you need to open your lifebook again.

You need to build a house, take care of yourself, wife, kids(education, feeding, health) family but this will not be less than 15 million frs for a start because just a piece of land in the city is not less than 4 million frs. A mild trader will obviously bank not less than 500k but you need the training before you can trade. 

People you find today in big cars, building skyscraper, big supermarkets and malls have sacrificed their time to build their wealth. You must not start with millions. When you were born you never had money but after a few years you had 10k of your own. You need to build this 10k to 100k and that's a millionaire journey.

Please don't depend on government for jobs. The internet is almost free but we use our data for post likes and views. There are millionaires on that same blue app making hundreds of thousands daily. Share this to all the groups youth belong.

God will take us to our 2000 millionaires journey.

Please wake-up my Cameroon youth.

Kingofpips.

Contact 675421156 learn Forex and help yourself. The kingofpips wish to build 2000 millionaires in Cameroon before 2022 and you must be among. Cameroon Online School of Forex- CMRFOREX to give $2000 to charity come Dec 2020. Join our training school here https://chat.whatsapp.com/EeZ0JbkOX1BK5TpKTorkBi . If you are already a trader and wish to trade with the best broker in Cameroon and the world at large, signup here https://fbs.com .

How To Deposit With Bitcoin On FBS Forex broker site

FBS is 2020 best brokers in the world that provides financial products for currency, CFD, stocks and precious metals. FBS operates globally in 190 countries with 15 million + traders with client majority from Asia, Middle East, Laten America, Africa and Europe. Fbs is currently an official partner of FC Barcelona with a 4 year contract signed on the 17th January, 2020.

 

FBS has more than 6 deposit and withdrawal processors like Visa, MasterCard, Neteller, Skrill, Perfect Money, OneNaira e.t.c...Last week FBS added bitcoin deposits which will help traders who could not use other payment methods. FBS have the most responsive help desk among brokers, 24h/7d. Don't relent to trade with the best broker. Sign up here https://fbs.com .

How To Deposit On FBS With Bitcoin

Bitcoin, a new deposit method at fbs.

To deposit with bitcoin, login to your FBS account or dashboard and click "deposit funds" in front of your account type. A new window will open and once its open, click "Finance" and your will find many payment processors including bitcoin. Click "Bitcoin" . You will have two option;

1. Copy your fbs bitcoin wallet by scanning with your bitcoin wallet by a click on your left to send directly from your bitcoin wallet or
2.  In Click on your right (once you click, your address appears below as on the image) to copy your wallet then paste it on your non fbs bitcoin wallet to send the money or send it to someone to fund your fbs account and you give the person its equivalent in his/her fiat currency.

When all is done, wait for 3 confirmations from Blockchain or other bitcoin wallets for your deposit to be completed.

For those who do not have bitcoin wallets but wish to deposit with bitcoin, you can copy your address and send it to the seller to send your requested amount to your fbs account.

To learn forex trading, join our trading group here https://chat.whatsapp.com/ Its all about Forex trading in Cameroon. If you are already a Forex trader and wish to try the Best Forex Broker in 2020, signup here https://fbs.com 

Nice trading day.

Rooney N of Cameroon Online School of Forex-cmrforex @kingOfPips. +237675421156

If you find our write up helpful just a single dollar can help 

Perfect Money U19278528

Cameroon Forex Trader Influenced FBS Forex Broker To add Bitcoin As means of deposit

Withdrawal and deposit methods of the fbs broker.

A young Cameroonian forex broker Rooney Nshing common known in the Forexsphere as the Cameroon Kingofpips on the 28th of April, 2020 compelled fbs, one of the best forex brokers in the world with more than 15 million traders, created in 2009 and an FC Barcelona partner to add bitcoin as a means of deposit to the platform.

Rooney runs an online forex school called "Cameroon Online School of Forex" which has been existing since 2018. With more than 200+ traders, mostly from Cameroon and a few abroad trained by his academy, deposit method didn't actually suit his traders who were not used to VISA/MasterCard payments, Perfect Money, OnlinNaira. 

On the 28th April, 2020 Rooney could not keep the silence when his traders complained they were unable to deposit using visa and Mastercard, coupled with Perfect Money wallet login problems. Fbs forex broker which is highly recommended Cameroon, Nigeria, Ghana, South Africa and Africa in general, Europe and Asia now accepts bitcoin as a new method of deposit.

Fbs forex broker an FC Barcelona partner has a well structured platform with good and responsive team that's why any problem can easily be solved with FBS. 

Withdrawals and deposits with fbs doesn't take up to 10 minutes for online wallets and 3 hours for Bank deposits.

To learn Forex trading with Cameroon Online School of Forex, join us here https://chat.whatsapp.com/EeZ0JbkOX1BK5TpKTorkBi for our upcoming training sessions.

Due to the plaguing Anglophone crisis in Cameroon, Rooney Nshing decided to cut down the Forex training fee from 150,000frs, about $250 to 11000 frs equivalent to $20 to help alleviate the striking poverty of desperate youths in his country. His aim is to train 15 000 youths in the field of Foreign Exchange where they will be able to trade directly with their mobile phones or laptops.

If you are already a forex trader and wish to trade with fbs, register here https://fbs.com and contact Cameroon Online school of forex to be added to the traders group.

Join our Facebook Page: Cameroon Online School of Forex.

Support our services here:

Perfect Money: U19278528

Gold (XAU/USD) Analysis by Cameroon Online School of Forex

*Gold (XAU/USD) Analysis (This is not a signal, this is for education purpose to help you understand the market conditions right now)*

Gold reach the new high today after 1 month.

Gold made a fast recovery from the last fall happened on March 9,2020

Now, it has reached the top most price level due to the continuation of Coronavirus pandemic. 

This shows that Gold is still considered as Safe haven asset by worldwide investors. 

On Sunday, Saudi Arabia and Russia Ended their oil price war by making the biggest oil production cuts in history, following pressure from US president Donald Trump to support the energy industry at this coronavirus pandemic.

However, Gold still have chances to move up until 1900 if the world financial situation continues to remain negative due to coronavirus lockdown.

Signals will be always sent to you with entry price, take profit and stop loss. Please be patience and wait for the signal. This gold analysis given for education purpose only.

Cameroon Online School of Forex Your Forex home in Cameroon for Cameroon, Africa and the world.

+237675421156

Thank you.🙏

3 Ways To Make Money Online In Cameroon in 2020

Graphics by Rooney Nshing.

Making money online in Cameroon in 2020 is the best thing every youth should think of doing right now. I will break down three ways to make money online in Cameroon in 2020. Coupled with the outbreak of the coronavirus, 80% of Cameroonians are frustrated and not knowing what to actually do with their jobs and offline businesses.

Forex Trading In Cameroon

Foreign exchange trading simply called forex is the buying and selling of currencies, commodities and stocks online while making profit. When a currency falls, we buy expecting a rise and when it rises, we sell expecting a fall. All you need is to take a three weeks training with Cameroon Online school of Forex. Follow this link to join the training https://chat.whatsapp.com/EeZ0JbkOX1BK5TpKTorkBi  Withdrawal from most forex brokers is through a bank account or an online wallet.

Make Money Blogging in Cameroon

Blogging in Cameroon is paving its way from a slippery road to a tared road. There are about 250 bloggers and blogs in Cameroon as of now. If you don't have enough money to create a blog, go to blogger.com and create a free blog there. If your aim is to blog on politics, science, education, showbiz, entertainment, choose what you like most and start blogging.

When you start blogging, apply for Google Adsense (Blog monetization) but make sure you adhere to the Google's advert terms like enough content, responsive theme and many others. Once your blog is approved, you will see adverts on your blog and the more your traffic the more money you earn.

Another way to make money blogging is to advertise your own products on your blog like affiliate links, Shops and services that can boost your income.

Cryptocurrency Investment

Crptocurrencies are digital assets designed to work as a medium of exchange that uses strong cryptography to secure financial transactions, control the creation of additional units, and verify the transfer of assets (Wikipedia).

 To make money with cryptocurrencies e.g bitcoin, Litcoin, BCH, Stellar, Ethereum and 3000+ others, when the prices of these currencies drop (bear), buy them in huge amount because they will suddenly rise and you can make a million francs in a few weeks of investment. Here you can easily monitor your account growth with just your smartphone or laptop.

With the Blockchain technology, your funds are secured. E.g if your bought 1 bitcoin 2 weeks ago at $4300 you will be $3000 richer just in 2 weeks. There are other promising currencies like the stellar which is having a bright future. It is now at $0.4 and if you invest $1000 now, when it hits $0.8 you will be $1000 rich.

These are just the most essential ones from our table today. There are many others like digital marketing, branding, freelancing, social media advertisement, web development, YouTube monetization e.t.c... 

To conclude, if you wish to succeed in making money online in Cameroon, you need a website or a blog to advertise your business. It will be everywhere on google search for customers in search of your service to find your blog and contact you.

I wish your the best.

No part of this content should be reproduced without our concern. 

500 Scholarships For Cameroonians of ages Between 18-40 In The Field of Forex(Foreign Exchange) Trading

Cameroon Online School of Forex-CMRFOREX, one of the best forex training schools in Cameroon and Africa is offering a 90% scholarship to 500 Cameroonians to land themselves in the field of Forex trading.

Forex is the simplest means to make money online in Cameroon, buying and selling currencies, stocks and commodities online in the comfort of your room with just a laptop or mobile phone especially during this Covid19 pandemic. 

When we buy we earn and when we sell we earn. As a beginner you can earn as from 10 000frs/daily, but you earn what you trade. Why not study and earn... Read till the end...

Who Can Learn Forex trading in Cameroon?

Any Cameroonian of ages between 18+ can learn and make daily cash trading on his her own. No referral needed when it comes to forex trading. Note that referral is only good for smart marketers.

About the Forex Training

The training will last for 3 weeks i.e 1hr daily from Monday to Friday. Training starts at 7:00 PM and ends at 8:00PM online and on whatsapp, zoom and Youtube so as to permit worker to also take the training. 

Our Training batches are done Monthly. Note that you can't trade if you are not trained.

Payment of the training fee.

Please after joining our WhatsApp group, you will get a better introduction to Forex trading. You will be requested to pay a sum of 20,000 frs instead of 250, 000frs. After payment through momo, a receipt will be issued instantly which is your passport to the final training group.

Join our whatsapp group here: https://chat.whatsapp.com/EeZ0JbkOX1BK5TpKTorkBi

Cameroon Online School of Forex's 90% scholarship permit our students to only pay 20 000frs instead of 250 000frs. It will give you access to all the 4 stages of forex trading and an eBook after the training, join a community of our traders too. Wish you the best as 200+ students are waiting for you on the whatsapp group.

Whatsapp +237675421156 if you need the best broker for Cameroonians let us guide you on the best account type and it's advantages. For subscribe to these 2 brokers https://octafx.com and https://fbs.com contact us 

CEO

Cameroon Online School of Forex. 

Latest News in Cameroon | Mini Forex conference in Yaounde

Foreign exchange (forex) conference in Yaounde Cameroon by Cameroon Online School of Forex.

Come and learn how to make money trading the foreign exchange market in Cameroon just with your Android phone or laptop. Many young guys are becoming millionaires thanks to forex trading. Yes you can.

Alert: NATIONAL FOREX CONFERENCE COMING UP IN JUNE 23, 2020 IN YAOUNDE, CAMEROON.

Cameroon Online School of Forex commonly know as CMRFOREX is organizing a mini Forex conference in Yaounde, Cameroon. The aim of the conference is to enlighten Cameroonians on what Foreign exchange is all about.

When Fly4studycm approach the organizer of the conference Rooney Nshing who is the CEO he said " Many Cameroonians contact him daily to know what Forex is all about and how to earn trading currencies, commodities and stocks. So he decided to share the glory through a conference".

Cameroon Online School of Forex is the best Forex trading training school in Cameroon. With forex trading, you will learn how to buy and sell currency pairs with your mobile phone or laptop. They have 300+ traders who have suddenly become millionaires trading online just with their laptops or mobile phones.

During the conference you shall learn about the history of Forex trading, what is actually Forex, how to become a trader, and interested members shall be given the opportunity to learn.

The 7th of March 2020 at 11:00 am is the time and date of the conference. It was also the birthday of the CMRFOREX CEO.

"7TH March should be celebrated as the Forex (foreign exchange) day in Cameroon which is also my birthday. I have dedicated a lot to help many Cameroonians gain the skill and still ready to train more" Rooney Nshing.

We call on partners and sponsors that CMRFOREX is doors open.

We thank you for taking a nice decision by getting set to attend the conference which will help you learn a new money making method. Invite your friends and family to attend our smart conference. Become our family let's share our dream.

Here is the best broker for Cameroonians and the world in general https://fbs.com . 3 to 5 mins withdrawal and deposit, 1:3000 leverage and a bonus $100 to trade. Signup now.

Contact 675421156
Immeuble standard chartered bank opposite hotel de ville, Yaounde-Cameroon.

2020 best forex broker for Nigerians

Partnership agreement day in Barcelona, Spain.

FBS is a hybrid broker that offers its services globally. Fbs is the best forex broker for Nigerians in 2020. Most richest Forex traders in South Africa and Nigeria use fbs. On the 17th January 2020 fbs signed a 4 year partnership with FC BARCELONA. The company was founded in 2009 and since then it has grown in its output and technology. It offers currency pairs, CFDs, stocks, metals and cryptocurrencies. The site is currently available in 18 languages.

Register here https://fbs.com

FBS has over 15 million traders and more than 6 million affiliates in over 190 countries. About 7 000 trades and partners keep flooding their site daily.


FBS uses the hybrid broker model of straight through processing and Electronic communication Network (ECN). The broker asserts that orders are passed directly into the system of the liquidity providers at the actual market prices, so requotes are impossible.

The Ups of FBS;
The access to investor compensation in case of broker fraud.
Broker is regulated by CySEC and the IFSC.
A sound trader education as you sign up.
Low capital requirement for account opening and a good variety of research tools.


Note the careful risk management is a must with FBS due to high leverage offered on a global brand. Their spreads are a bit higher.

FBS is registered in the Marshal Island. The registration number is 74825 under fbs.com and operated by FBS Markets Inc which is a global brokerage arm of the company. FBS Market Inc is registered in Belize with reg. no 119771. It is authorized and regulated by the the International Financial Services Commission (IFSC), Belize with the reg. no IFSC/60/230TS/18.

fbs.eu controls the European arm of the brokerage firm. It is operated by Trade Stone Ltd, a Cypriot investment firm located in Limassol, Cyprus. It is authorized and regulated by the Cyprus Security and Exchange Commission (CySEC) with the reg. no 331/17.

Here Are The Payment Options Of  fbs

Nigerians can use OnlineNaira, visa, Perfect Money, e.t.c to deposit and withdraw.

• Credit/Debit Card: Visa and Master cards are accepted. A deposit commission of 3.6% is charged but FBS reimburses the commission leaving the client to pay 0% charges. The withdrawal commission is $1.
• Nigerians can easily use onlineNaira for deposits and withdrawals.
• Neteller: The minimum deposit amount is $10. A commission of 3.9% is reimbursed by FBS, so clients do not pay deposit fees. For withdrawals, the commission is 2%; minimum of $1 and maximum of $30.
• SticPay: The minimum balance is $3 and the commission is 2.5% + $0.3 for both deposits and withdrawals.
• Skrill: The minimum deposit is $10. The withdrawal commission is 1% + 0.25 EUR.
• Perfect Money: There are no limits on deposits and withdrawals. The withdrawal commission is 0.5%
• Bitwallet: There are no commissions on deposits. The accepted currency is the JPY.

All deposits reflects into the FBS trading account instantly. There are no reported cases of deposits that are lost in transit.

Create an account now with FBS at fbs.com your 2020 most trusted broker. 3 to 5 mins withdrawal since 2009, $100 bonus.

Withdrawal with FBS

How long does it take to process a withdrawal request with FBS? Deposits and withdrawals through electronic payments systems are processed instantly. Perfect Money, OnlineNaira, sticypay e.t.c withdrawals takes 5-10 mins. Deposits via other payment systems are processed with 1-2 hours during FBS Financial department business hours from Monday to Friday 7:00-19:00 GMT +3

Contact CMRFOREX (number at the top of the site) to learn how to trade in the Forex Market. Make money trading with your laptop or your Mobile Phone. We buy and Sell currencies and we make hug.
237675421156

What is Margin and Leverage in Forex trading

Leverage and margin in Forex trading explained by Cameroon Online School of Forex.

Margin and leverage are not intuitively understandable terms for new traders. Let’s figure out what they are - once and for all. 💹💰

•        Leverage

What is it?
Leverage is borrowed funds used for trading. You get it from your broker.

Why do I need it?
Leverage allows you to trade with more money than you actually have on your account. People use it because the sizes of lots on Forex are quite big: the min position size is 0.01 lot, which is 1000 EUR for the EUR/USD pair. Leverage allows you to get in without investing that much.

Leverage size
Different brokers offer different leverage. At FBS, it goes up to 1:3,000. The most common leverage among Forex traders is 1:100.

Example
- You want to trade 1 lot in USD/CAD.
- Instead of investing $100,000 (1 standard lot), you invest only $100 with a 1:1000 leverage. Your broker provides the remaining $99,900 to help you open the trade.

Risks
Note that each pip the price moves against you will bring you a bigger loss the bigger the leverage you are using. Be careful and choose a reasonable leverage size.

•        Margin

What is it?
Margin is an amount of money you need to have on your account to open and maintain a leveraged trade.

Why do I need it?
Brokers need to protect themselves if they allow traders to borrow so much money from them. This is why they require traders to fund their accounts with a certain amount.

Margin size
Margin size depends on how many lots you want to trade and on the leverage you chose. The bigger the leverage, the smaller the margin.

Example
When we explained leverage, we showed you the situation where to control $100,000 with $100 you need 1:1000 leverage. In this example, $100 is what is called “margin”.

Save this post and never get confused . Signup or create a real account now with 2020 best forex broker https://fbs.com. FBS JUST SIGN A 4 YEAR CONTRACT WITH FC BARCELONA. FBS offers a Leverage of 1:3000, low spread and a minimum deposit of $1.