Forex Trade Room: In Wednesday’s New York session for a while the best price action was on EURAUD pair. Kash took advantage with a series of quick profitable trades. In this trade EURAUD is over extended and he takes it off the of AUDUSD (EURAUD is what is known as a cross pair so its price is driven by EURUSD and AUDUSD) band shades and makes +7 in short time.
Forex Trade Room [Forex Trading in 30 seconds] 2015-09-09 EURAUD +7 pips
Below, the 2015-09-09 EURAUD trade condensed into 30 seconds.