Charts247 SmartTrader - Trade in harmony with the markets.

Welcome to the Charts247 SmartTrader

My name is Segun, and I'm proud to support this wonderful trading community with a price behaviour trading system built on 17 years of real market experience.

This system is designed to help traders identify high-probability opportunities by reading pure price behaviour — no complex theories, no lagging indicators. The ultimate aim is simple: to help you trade in harmony with the markets.

What makes this system unique?

• Rooted in actual price behaviour patterns, not theoretical concepts
• Identifies key momentum shifts and structural turning points
• Provides clear, actionable entry and exit signals
• Works across all timeframes and instruments
• Simple to understand, yet powerful in practice

To get the most out of this system, I have put together detailed user guides covering both the screener and the SmartChart template. I strongly encourage you to review and understand each component before you begin trading with it—take your time; there's no rush.

As part of my commitment to supporting traders here, I will also produce a series of educational videos to guide those who want to go deeper. Over the coming weeks, I'll be covering the following topics:

1. Price as a Trader's Perception
2. Price Formation — Price, Trends, and Waves
3. Trend Changing Patterns
4. Wave Structure Counting
5. Strategies: Secondary Trend Entry & Reversal Entry

My advice: don't rush. Take the time to truly understand the concepts first, then apply them in your trading.

Forex Station has helped many traders over the years, myself included, and this is my first major contribution to the community. I intend to stick around and make sure this system genuinely serves those who are willing to give price behaviour a try.

One request: if you use this system, please keep it clean. Don't overcomplicate it by layering on too many indicators. Trading is simple — but it isn't easy. Respect the simplicity.

Wishing you all success and many blessings.

Segun

Video Tutorial: What is price

charts247 wrote: Mon Mar 09, 2026 8:38 pm Video Tutorial: What is price

Interesting. Subscribed.

Live Trading Example using the SmartTrader:
Welcome back to the Charts247 SmartTrader Training Series.

In this video, I walk you through a real live trade on the CADJPY M15 — from screening and analysis all the way to execution. This is exactly how the SmartTrader system works in practice.

The Setup — CADJPY M15:

The Smart Screener flagged CADJPY with a green background, indicating a bullish market, with a strong discount/pullback showing in the Buy Opportunity column. The portfolio confirmed a BUY 2-star rating, meaning the strength lies with the CAD. Worth investigating.

Price Analysis:

CADJPY had broken below the structure, creating a Momentum Low. In an uptrend, a first Momentum Low is a trend changing pattern. This is simply telling us that the sellers are gaining confidence, but it doesn't mean the trend has reversed. We stay alert and let the price speak to us.

Execution Plan:

Price stopped declining, confirmed by more than 3 green Kijun bars on the M15. We dropped down to M5, waited for a wave count to complete at 5; a primary entry signal (Green Diamond) above a green Kijun Bar. Buy trade executed with stop loss at 116.35, targeting the +1/8 Murrey Math level.

The Psychological Edge:

Executing a trade is only half the battle. Here are the five fundamental truths from Mark Douglas that keep your mindset right once you're in a trade:

Anything can happen in the market
Every moment is unique
An edge is just a higher probability — not a guarantee
There will always be a random distribution of wins and losses
You don't need to know what happens next to be a winning trader

Trade the probabilities. Trust the process.

Lesson 2: Price Formation
Welcome back to the Charts247 SmartTrader Training Series.
In this video, we cover one of the most important foundations of price behaviour trading: how prices form, how trends develop, and how waves give us ideal entry points.
(Quick note on the audio quality — apologies for the sound in this one. Don't let it stop you from getting what's being shared here, it's worth it!)
How Price Moves:
Price moves in trends, and trends move in waves. There are two types of waves: Impulse/Momentum waves, which drive price in the trend direction, and Corrective waves, which pull price back. Identifying these waves is essential for trading the market.

Your Ideal Entry Points:
In a downtrend, price gets discounted, creating a Lower HH — this is your ideal sell entry
In an uptrend, price gets discounted, creating a Higher LL — this is your ideal buy entry

Always look to trade in the direction of the trend.
Trend Changing Patterns:

In a downtrend, if the price breaks above the Lower HH, that's a trend-changing pattern
In an uptrend, if the price breaks below the structure, that's a trend-changing pattern

The most important question to ask when you spot a trend-changing pattern is: Is this the first one? If yes, you can still buy in an uptrend, you can still sell in a downtrend. Don't be too quick to switch direction.
The Truth About Trending Markets:
A trend does not change easily. It takes considerable time and effort for a trend to reverse. Respect the trend and trade with patience.

Midweek Analysis: Charts247 SmartTrader
Welcome back to the Charts247 SmartTrader Training Series.
It's Wednesday, and I'm using the Smart Screener to run through our midweek currency pair analysis — looking at what the market is telling us heading into the second half of the week.
Pairs covered in this video:
USDJPY — detailed breakdown
GBPUSD
EURAUD
CADJPY
These are the pairs that have caught my attention, and we'll be looking at potential trading opportunities across Wednesday evening, Thursday, and Friday.
Coming up next:
I will continue the education series with a focused look at the Trend-Changing Pattern in trending markets, an important concept for anyone looking to sharpen their entries and better understand when a trend may be shifting.
Stay tuned and trade smart.

Welcome back to the Charts247 SmartTrader Training Series.
In this video, I'm running through the London Session open analysis using the Smart Screener — focusing specifically on the SmartEntry column and the trades you cannot ignore.
The 100% Trades:
When every signal aligns — including the Portfolio strength — these are your highest conviction setups. This is what the SmartEntry column is designed to show you. When everything lines up, you take the trade. No second-guessing.
What to keep in mind:

Always check the Portfolio for currency strength before executing
Know your risk before you enter — risk management is non-negotiable
Use the Lot Size Calculator I've added to the system to size your positions correctly

This is the SmartTrader system working exactly as it's designed — clean signals, clear direction, disciplined execution.
Trade smart. Manage your risk. Trust the process.

This is another spontaneous one, but an important lesson came up today that I had to share with you.
First thing, your best trades will always be the 100% SmartEntry trades I walked through this morning. Never lose sight of that. However, there are moments in the market where a strong momentum move is engineered specifically to clear the board before price reverses in the opposite direction. When you know what to look for, these can be powerful opportunities.
Today's Example : EURUSD:
We sold EURUSD earlier as a 100% sell setup. During the Asia session, the price formed a valid Buy signal through a Trend Changing Pattern. That pattern was then broken down, triggering a strong decline designed to flush out the weak buyers before the real move.
Pre-requisites for a valid Counter Trend trade:

Major Divergence before a Trend Changing Pattern: This signals accumulation
Strong Momentum Break to clear weak buyers or sellers: the manipulation phase
No Structural Pullback during the manipulation: price is one-sided and unbalanced
Valid Primary Signal as your entry: against the manipulation move

All four conditions must be present. If they are, you have a high probability counter-trend setup worth taking seriously.
Study this carefully. Counter-trend trading is not for everyone, but when the conditions are right, the moves can be significant.

Welcome back to the Charts247 SmartTrader Training Series.
A new week is here, and as the saying goes, failing to plan is planning to fail. That is especially true in forex trading. This week, I'm walking you through exactly how I approach my weekly trade planning session.
Smart Screener Does the Heavy Lifting:
In the past, I've done several tutorials on portfolio selection using the Currency Strength Index. The good news is that we no longer need to do that manually; the Smart Screener handles portfolio selection for us. Clean and simple.
This Week's Approach:
I'm working on the H1 timeframe this week, focusing on two key setups:
Portfolio Buy Pairs + Buy Ready
Portfolio Sell Pairs + Sell Ready
Looking for both continuation setups and potential reversal possibilities.
Pairs Analysed This Week:
BUY — USDJPY
SELL — EURUSD & GBPUSD
Review the analysis, do your own preparation, and enter the week with a clear plan and a calm mindset. The market rewards patience and preparation.

Welcome back to the Charts247 SmartTrader Training Series.
This video follows directly from Sunday's weekly analysis, where we identified the possibility of a Buy reversal on the GBPUSD as a short-covering setup. Here's how it played out.
The Analysis:
Two key factors combined to build the case for this trade:

The nature of the last pullback, covered in detail in the weekly analysis
The current bearish leg is one-sided with no structural pullback, unbalanced, and ripe for a reversal

When these factors align, it's worth paying close attention.
The Execution:
Remember — analysis is not trading. Trading is execution.
Dropping to the M15 timeframe, price formed a Rally High (RH), indicating a shift to a bullish state, followed by a Higher LL — a structural discount point. This is exactly the level at which strong buyers step in.

Entry: 1.3253
Stop Loss: 1.3228 — a few pips below the structure
Target: Break above 1.34829, with a close eye on the H1 bearish X levels for potential early exits

The Psychological Edge:
Getting into a trade is only half the job. Here are the five fundamental truths from Mark Douglas to keep your mindset solid once you're in:

Anything can happen in the market
Every moment is unique
An edge is a higher probability — not a guarantee
There will always be a random distribution of wins and losses
You don't need to know what happens next to be a winning trader

Trust the process. Trade the probabilities.
Have a blessed trading week and trade safely.