Gold (XAUUSD) Analysis by Cameroon Online School Of Forex

Graphic showing gold analysis by Rooney Nshing, kingofpips.

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 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.🙏

How to Exchange Your Bitcoin Or Crypto to Perfect Money or Buy Perfect Money

These are the few steps on how to convert bitcoin to PERFECT MONEY and many cryptocurrencies in Cameroon and everywhere in the world, sometimes simply said to be buying PERFECT MONEY USD/EUR or other  cryptocurrencies. 

Register an account here https://magneticexchange.com and follow these simple steps on how to convert or exchange your bitcoin to perfect money and others like stellar xml, ethereum, LITCOIN, Visa, MasterCard, and many others.

• After registration, on your left select bitcoin or any you have and wish to convert and on your right, click on the currency you wish to have.

Excahnge of bitcoin to PERFECT MONEY USD.

• After confirmation, you will be asked the number of bitcoin to convert to perfect money from a new window plus your perfect money wallet address. E.g U19278528 then click confirm.

Enter bitcoin and your perfect money wallet address.

Sample.

• The next step is to confirm and accept the two conditions below. I.e their terms.

• Lastly, go back to your blockchain wallet and send exactly the amount of bitcoin to the address given to you by magnetic exchange. When you send please return to the magnetic exchange site and click this " I have paid the order. Wait for 3 confirmations from blockchain and you receive your Perfect Money.

Please note that an order will be sent to your email. In case of any worries, contact the magnetic exchange team with your order number. They are very responsive. This is one of the best exchangers online.

To learn Forex trading, choose Cameroon Online School of Forex. Your best forex academy in Cameroon and Africa.

To learn Forex trading, join us here: https://chat.whatsapp.com/EeZ0JbkOX1BK5TpKTorkBi

If you find our services helpful, support us here: U19278528 

Attend our Forex trading conference in Yaounde, 7th March 2020

Forex trader's account.

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.

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 together.

Entrance: 1000 fcfa
Contact 675421156
Immeuble standard chartered bank opposite hotel de ville, Yaounde-Cameroon.

AUDJPY pair influenced by the corona virus

Cameroon Online School of Forex brings you the best of Forex trading in Cameroon and the world. Checkout the live analysis.

AUD/JPY is in the downtrend since the start of the year. It was capped on the upside by all the three important moving averages on the D1 (200, 100, and 50 SMA). This week the pair broke below the February support line in the 73.40 area. Its attempts to get higher have failed, as sellers are quite active. The threat of the coronavirus is the biggest bearish driver for the AUD. The odds are that its impact will continue. At the moment of writing, the pair is testing support at 72.50 (February low, 61.8% Fibonacci of the 2019 advance). The break below this level will open the way down to 71.75 (October lows) and 71.35 (78.6% Fibo). Resistance lies at 73.25 and 73.80.

Trade idea for AUD/JPY

SELL 72.30; TP1 71.75; TP2 71.35; SL 72.55

What is Margin and Leverage in Forex trading

CEO of Cameroon Online School of Forex trading under a city tree.

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.