A Simple Price Action Strategy for Busy Aussie Traders (London Session Only)

Why the London Session Works for Australian Traders

The London session is a prime time for Aussie forex traders.

It spans from 5:00 PM to 2:00 AM AEST, aligning with the end of the workday.

Traders can enjoy dinner and then dive into trading during the most volatile forex market hours.

During this time, big players are active, and major reports are released.

This leads to clear moves and technical clarity, ideal for a simple price action strategy.

What Is Price Action and Why It Matters

Price action trading focuses on current market movements, not lagging indicators.

In the London session, high liquidity and sharp moves make it an efficient trading method.

By studying candlestick patterns, traders can predict high-probability moves.

This approach simplifies trading, focusing on structure and flow, perfect for those who prefer not to be glued to screens.

Three Candlestick Patterns That Work Best in the London Session

The London session often sees powerful directional moves.

Aussie traders can benefit from three key candlestick patterns: pin bars, engulfing patterns, and dojis.

A pin bar shows a sharp price rejection followed by a snap back.

Bullish pin bars at support levels and bearish ones at resistance often signal reversals.

An engulfing pattern indicates a dramatic change in sentiment.

Bullish patterns suggest strong buying, while bearish ones indicate aggressive selling.

Dojis reveal market indecision.

While they don’t confirm direction alone, they can precede a breakout or breakdown when followed by a strong candle.

These patterns work well on 15-minute or 1-hour charts during London hours, when market energy is high.

A Simple 15-Minute Chart Strategy for Busy Traders

Busy traders don’t need to watch the market all evening.

A 15-minute chart strategy can be effective, focusing on trend continuation setups during key times.

Identify the trend using a 20-period Exponential Moving Average (EMA).

Price above the EMA indicates a bullish trend, while below indicates a bearish trend.

Look for a slight pullback toward the EMA and a bullish pin bar or bearish engulfing candle.

The best setups occur at or near previous support or resistance levels.

Entry is after the confirming candle closes.

Place stops below the pin bar tail or beyond the engulfing candle.

The first target is the recent swing high or low. Trail your stop to let a good trade run.

This strategy allows you to scan the market every 15 minutes, place an order, then step away.

With alerts, you can trade without being glued to your charts.

How to Spot Institutional Order Flow in EUR/USD and GBP/USD

During the London session, major players like banks and hedge funds are moving large orders.

These moves often show up in the form of consolidation zones that break cleanly and decisively.

This is a clue that institutions have either accumulated or distributed positions in that area.

You can spot these zones by looking for tight ranges or sideways movements followed by sharp candles in one direction.

These areas often become “order blocks” – price zones that institutions are interested in.

On your charts, highlight the areas where price consolidates before making a strong move.

If price returns to that area later and forms a reversal pattern (like a pin bar or engulfing candle), there’s a strong chance that the big players are there.

Institutional footprints are rarely random. Once you get good at recognising these zones, you can position yourself just before the crowd reacts.

Setting Alerts So You Don’t Miss the Move While Cooking Dinner

One of the easiest ways to stay on top of the market without giving up your evening is by setting price alerts.

Most platforms like MetaTrader, TradingView, or your broker’s app let you create custom alerts at specific price levels or even based on candlestick patterns.

Let’s say you’re tracking GBP/USD and you want to know when it hits a key support level around 1.2620.

Set an alert to ping your phone or computer when price gets close.

If the alert goes off while you’re making dinner or putting the kids to bed, you can check the chart and make a decision.

With price action trading, you don’t need to stare at the screen for hours. You just need to be available at the right time.

Alerts give you the freedom to live your life while staying ready to strike.

Why Less Screen Time Can Make You a Better Trader

There’s a false belief that the more time you spend watching charts, the more likely you are to succeed.

In reality, constantly watching price movement can lead to fatigue, impulsive decisions, and overtrading.

When you step back and trust your system, you allow the market to come to you.

With a strategy based on price action, combined with alerts and a clear routine, you can enter the London session with purpose and walk away once the work is done.

This is essential for Aussie traders who have work, family, or personal commitments.

By focusing only on high-quality setups and giving the market space to move, you trade smarter, not harder.

How This Approach Helps Major Pair Traders

If you focus on the major pairs like EUR/USD and GBP/USD, this strategy is highly relevant.

These pairs are the most active during London hours and respond well to price action signals due to their liquidity.

The clean behaviour of these pairs during the session makes them ideal for quick setups, momentum trades, and institutional flow recognition.

You don’t have to worry about erratic spreads or news events from less liquid currencies.

Instead, you can rely on the patterns and price zones you’ve already mapped out.

For Aussie traders who want consistent results with minimal time investment, the major pairs offer the perfect balance of opportunity and efficiency.

Trading Forex in Australia Through 2025 and 2026

Looking ahead, forex trading from Australia is likely to remain an attractive path for everyday traders.

The economy continues to show resilience, but like much of the world, remains sensitive to interest rate changes, inflation trends, and the strength of the US dollar.

With global monetary policy in a transitional phase, volatility is expected to remain elevated—-especialy during the London session, when major data is released and institutional flow dominates.

Aussie traders who rely on clear price action setups, short timeframes, and consistent discipline will likely be the ones best positioned to succeed.

The good news is, you don’t need to be a full-time trader or spend your nights wide-eyed in front of a screen.

With a solid understanding of price action, a few alerts, and a willingness to follow a routine, you can build a powerful edge from your own home.

Conclusion: Keep It Simple, Stay Consistent

If you aim to trade forex from Australia wisely, the London session is your prime opportunity.

Mastering price action, focusing on EUR/USD and GBP/USD, and identifying consistent patterns is key. This way, you can trade efficiently without letting it consume your life.

Utilise 15-minute charts for precise entry points. Rely on patterns like pin bars and engulfing candles. Set alerts to stay updated without constant monitoring.

This strategy reduces screen time, leading to enhanced performance and peace of mind.

It’s ideal for those with busy lives, fitting seamlessly into the forex market’s cycle through 2025 and beyond.

Whether you’re new to trading or seeking to improve, focusing on price action during the London session is a reliable path.

Disclaimer

The information, strategies, techniques and approaches discussed in this article are for general information purposes only.  The Trading Coach International does not necessarily use, promote nor recommend any strategies discussed in this article.  The information in this article may not be suitable for your personal financial circumstances and you should seek independent qualified financial advice before implementing any financial strategy. The Trading Coach International is not a financial advisor and does not have AFS registration.