O' REELS_FX ACADEMY @oreelsfx Channel on Telegram

O' REELS_FX ACADEMY

@oreelsfx


https://linktr.ee/Oreels_fx
Forex trader| Economist| Market Analyst ๐Ÿ“ˆ| A day Trader| Content Writer ๐Ÿ–‹| Lover of God โค




Am ready to Reflect Engage Empower Lead and Serve

To contact me ๐Ÿ‘‡
@Oreels_Fx

O' REELS_FX ACADEMY (English)

Are you looking to enhance your skills in trading and investing in the Forex market? Look no further than O' REELS_FX ACADEMY! This Telegram channel, with the username @oreelsfx, is dedicated to providing valuable insights and analysis for forex traders and market analysts. Whether you are a seasoned day trader or just starting out, this channel is perfect for anyone looking to improve their trading strategies and stay updated on market trends. The channel creator is not only a Forex trader and market analyst but also a content writer and a lover of God, reflecting their passion for both trading and spirituality. With a commitment to Reflect, Engage, Empower, Lead, and Serve, you can expect to find valuable resources and guidance on this channel. Join O' REELS_FX ACADEMY today to take your trading skills to the next level! For more information and to connect with like-minded individuals, visit https://linktr.ee/Oreels_fx or contact @Oreels_Fx on Telegram.

O' REELS_FX ACADEMY

03 Dec, 06:38


You want to see a great change in your trading experience and journey?

Start journaling your trades, your wins, your losses and your emotions. Then read them often, the feeling is different. You will discover that you will start seeing trading more like a business and not a mere side hustle or a game to gamble.

O' REELS_FX ACADEMY

03 Dec, 06:22


People are already getting scared because we started the week and month with a loss. Does that mean we end the week or month totally in loss?

I don't think so. I am not pressured, and I owe no man anything but I try as much as possible to carry everyone along.

So trust me, we will end the month well.

One trade per day with a consistent risk percentage can achieve a lot.

O' REELS_FX ACADEMY

03 Dec, 06:18


A good trade but we hit a loss on it. We move tomorrow guys.

O' REELS_FX ACADEMY

03 Dec, 05:27


And then there's you ๐Ÿ˜‚ who always say words like โ€œ the broker manipulated me". You can't be manipulated because your money doesn't move the market an inch. It's simply just a conflict of interest. A zero sum game.


Nevertheless this is what makes me love forex trading. It's deeply challenging because you're against a lot of opposition and forces.

O' REELS_FX ACADEMY

03 Dec, 05:05


#XAUUSD now 27pips down ๐Ÿ”ฅ

O' REELS_FX ACADEMY

03 Dec, 04:50


https://www.instagram.com/oreels.fx/profilecard/?igsh=MjRjOHNobDdyenZv

If you're here and you've not followed me on Instagram. Do so now. Click the link above and follow ๐Ÿค.

This will encourage me to keep posting for free here.


Also I will be doing a giveaway soon and one of the criteria will be if you're following me on Instagram. So follow and keep a screenshot of it.

O' REELS_FX ACADEMY

03 Dec, 04:40


#XAUUSD UPDATE

Good morning guys


https://x.com/Oreelsfxacademy/status/1863805296851743180?t=3EXUJt-K0qQ_YuBi1G8Miw&s=19

O' REELS_FX ACADEMY

02 Dec, 18:54


Is Take Profit (TP) a Facade or Mere Illusion for Traders?

Letโ€™s begin by defining *Take Profit (TP):*
In simple terms, TP is the point at which a trader decides to exit a trade and lock in profits. Many forex traders have grown to see TP as a specific level where liquidity is restingโ€”a target price that the market must hit before the trade is closed. But is this belief rooted in reality, or is it merely an illusion that leads to frustration and failure for many traders?

*The Reality Behind Take Profit*

The idea of waiting for a specific TP is often a mental constructโ€”a false assurance that price will move directly from your entry to your desired level without deviation. This mindset, fueled by the expectation that markets will behave predictably, has caused more harm than good for traders. Letโ€™s unpack why:

1. _A Question of Control _
Why would you assume price will move seamlessly from your entry to a specific point youโ€™ve marked? The truth is, you have no control over price delivery or its movements. What you *do* have control over is when you decide to close a trade and secure profits. Being grateful for what the market gives you, however small, is more realistic and sustainable.

2. _Over-Expecting From the Market _
Your trading system may have worked, but by waiting endlessly for TP, you are often overestimating what the market can deliver in a single move. This over-expectation is what ruins belief in trading systems and creates unnecessary frustration.

3. _TP Is Where You Close the Trade_
Itโ€™s time to embrace this simple truth: your TP is wherever you decide to close your trade. Respect this fact, and it will help you grow into the disciplined and confident trader you aspire to be.

*The Consequences of Waiting for the Illusion of TP*

Relying on textbook TP levels often leads to unnecessary setbacks, including:

1. Giving Back Profits to the Market
Waiting too long can lead to price reversing, causing you to lose all the unrealized profits or even end up at breakeven or in loss.

2. _Impaired Judgement _
Staring at the charts for hours, waiting for TP to hit, drains your mental energy. This can lead to poor decision-making on your current trade or even future setups.

3. _Missed Opportunities_
Instead of compounding profits through new opportunities, you waste valuable time waiting for one trade to play out perfectly. This can result in a โ€œround trip,โ€ where you lose money you could have locked in earlier.

4. _Increased Likelihood of Hitting Stop Loss_
Markets often reverse near these so-called TP levels to grab liquidity. If you wait too long, your profitable trade may end up hitting your stop loss instead.

5. _Unrealistic Price Expectations_
Price will not always deliver to your TP the way you imagine it. Even if it eventually reaches the target, the process can overwhelm you, leading to emotional detachment from the trade.

_The Flaws in Textbook TP_
*Backtesting vs. Real-Time Trading:*
What works perfectly in a backtest often fails in real-time due to market conditions, emotions, and live price action. Donโ€™t let theoretical setups rob you of real opportunities.

_Market Liquidity Dynamics_:
The financial markets are driven by trillions of dollars, with liquidity being the primary objective. Thinking price will adhere to your โ€œperfectโ€ TP is unrealistic. Instead, take what the market gives you without getting greedy.

Practical Lessons to Apply
Donโ€™t Chase Perfection:
Neither you, the market,
- โ -Price is Imperfect, and So Are We:
Trying to be too precise about price movements will only lead to frustration. The market, like life, is flawed. Embrace its imperfections and adapt accordingly.

A Final Word of Gratitude
Be grateful for the life you have. Many people would give anything to be in your position. Appreciate what the market delivers

Most importantly, love GOD, serve Him genuinely, and donโ€™t strive for perfection.


ยฉ๏ธ copied

O' REELS_FX ACADEMY

02 Dec, 16:13


No trades today guys.

We move tomorrow ๐Ÿคž

O' REELS_FX ACADEMY

02 Dec, 06:52


Who's Active now guys?

O' REELS_FX ACADEMY

02 Dec, 05:06


Good morning guys!!!

Referral challenge starts today. Interested person should send me a dm

O' REELS_FX ACADEMY

01 Dec, 05:36


We will all see the end of this year and begin next year in jesus name.

No subscriber here will experience loss of a loved one. We shall be protected by God and no evil will befall us this remaining days of the year. Amen ๐Ÿ™๐Ÿ™

O' REELS_FX ACADEMY

01 Dec, 05:35


Happy New Month guys.

God's favour and Blessings will locate us this month and everything that we all desire will come to pass.

If you believe it, let me see some reactions
๐Ÿ’ฏ๐Ÿ’™๐Ÿ”ฅ

O' REELS_FX ACADEMY

30 Nov, 21:22


SPECIAL ANNOUNCEMENT ๐Ÿ“ฃ๐Ÿ“ฃ



Our weekly referral challenge is back guys and we will be kicking off from next week.


Details on the challenge are as follows: ๐Ÿ‘‡๐Ÿ‘‡

* Get 200 active subscribers into the channel and stand to win 3 months free VIP and $10 cash. All worth $79.99

* Get 100 active subscribers into the channel and stand a chance to win 2 months VIP and $5 cash. All worth $62.8

* Get 50 active subscribers into the channel and win 1 month free VIP and $3 all worth $31.99


A personal link will be created for you and I will award the winners at the end of the week if they meet any of the requirements above.


No bringing in of bots ๐Ÿค– Once a bot is detected, you will be automatically disqualified.


Interested individuals should send the word โ€œ I am interested " to my dm
@Oreels_Fx


Challenge has begun ๐Ÿ”ฅ๐Ÿ”ฅ

Let's go guys
๐Ÿค๐Ÿ’ฏ๐Ÿ’™

O' REELS_FX ACADEMY

30 Nov, 20:18


We focus more on the risk to reward than the pips.

What am I saying?

Let's say your normal risk is $100 and you take a trade which has a sl of 100 pips, and then you take profit at 200pips which is a 1:2RR you definitely made $200.

Likewise you take another trade that has a sl of 30pips risking the same $100 and you took profit at 120pips which is 1:4RR. You definitely made a profit of $400.

Now you see that the second trade has a higher return not only because the sl is small but because the risk $100 remains the same.

So it doesn't matter the number of pips the trade has. All you are focusing on is your RR(what you're risking to get). If the sl is large, the lot size becomes small and if the sl is small the lot size becomes big but still the same risk $100.

So we focus more on the percentage we are risking per trade whether the sl is big or small the risk remains the same. That way you can be consistent and know how to track your progress.

This is the rule we follow in the VIP and you all should adopt the same.



ยฉ๏ธ Oreels_Fx

O' REELS_FX ACADEMY

30 Nov, 16:51


NOVEMBER MONTHLY VIP REPORT WRAP UP


What a month guys!! This month we ended in loss. 2nd week and 3rd week was filled with back to back losses.

Overall we took 14 trades in which we had 4 wins(+7.2RR) and 10 stop trades(-10RR). which means we had 42% win rate and 58% losing rate in the month of November.

A massive drop but it's all part of the process. Next month will be another time to try again and be hopeful before the year ends.


Personally I have achieved a lot this year. I don't know about you. If you haven't, there's still one month remaining to try. So get locked in and grind the work.

Being part of a team brings accountability to yourself and your career. So join us again for another time and let's run together.

O' REELS_FX ACADEMY

30 Nov, 16:51


NOVEMBER VIP REPORT


WEEK 4


Mon 26th
- XAUUSD SELLS: +121pips, +1.6% โœ…

Tue 27th
- XAUUSD BUYS: -42pips, -0.5%โŒ

Wed 28th
- No trades โœ…

Thur 29th
- No trades โœ…

Fri 30th
- No trades โœ…


TOTAL ROI: +79pips, +1.1% โœ…


Note: percentage is calculated base on 1% risk per trade.

O' REELS_FX ACADEMY

30 Nov, 16:51


NOVEMBER VIP REPORT


WEEK 3


Mon 18th
- XAUUSD SELLS: -98pips, -1%
โŒ

Tue 19th
- XAUUSD BUYS: -50pips, -1%
โŒ

Wed 20th
- XAUUSD BUYS: -31pips, -1%
โŒ

Thur 21st
- XAUUSD SELLS: -66pips, -1%
โŒ

Fri 22nd
- No trades
โœ…


TOTAL ROI: -245pips, -4%
โŒ

Note: percentage is calculated base on 1% risk per trade.