ShishirJakati

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Last visit Joined a year ago Jakati_Trades
Markets Allocation
100 % forex
Top Mentioned Symbols
AUDUSD 20% | 2 GBPJPY 20% | 2 EURGBP 20% | 2 USDJPY 20% | 2
ShishirJakati ShishirJakati GBPJPY, D, 20 days ago
GBPJPY: Pound Resistance Setup
32 0 2
GBPJPY, D
Pound Resistance Setup
Waiting to see what happens at the 138.865 level. Price seems to be losing momentum, but if it is able to break through resistance, looking to buy. Will be watching USDJPY closely as well. Both seem to be charging to levels of resistance.
ShishirJakati ShishirJakati NZDUSD, 60, Short , a month ago
NZDUSD: NZDUSD Mixed Signals
24 0 0
NZDUSD, 60 Short
NZDUSD Mixed Signals
Looking at price action, following the RBNZ announcements last week. Waiting to see what happens in this area. Looking to sell if price action breaks through support. Watching, also, to see if price will begin to move sideways.
ShishirJakati ShishirJakati EURGBP, D, Short , 6 months ago
EURGBP: EURGBP setup
68 0 4
EURGBP, D Short
EURGBP setup
After facing resistance price action seems to be in a wave, and on the fifth leg going downwards.
ShishirJakati ShishirJakati AUDUSD, 240, 6 months ago
AUDUSD: AUDUSD Resistance
39 0 1
AUDUSD, 240
AUDUSD Resistance
If AU news is good, there is a chance that price action will break through the top trendline and then retracement to the line and then continue upwards. Need to wait for the Reserve Bank's sentiment on easing.
ShishirJakati ShishirJakati USDJPY, D, Short , 6 months ago
USDJPY: Revised USDJPY entry
88 0 3
USDJPY, D Short
Revised USDJPY entry
There is major consolidation in the pair. Price action, though, has broken through the trend line created by the wedge. Volume has fallen considerably. Stochastics are oversold on the 4hr but over bought on the Daily. FX:USDJPY
ShishirJakati ShishirJakati EURAUD, 240, 6 months ago
EURAUD: EURAUD Consolidation
171 0 1
EURAUD, 240
EURAUD Consolidation
The volume of this pair has drastically reduced as it forms into a wedge. Waiting for a breakout. If it breaks upwards, watch out for the fakeout as the pair seems to be overpriced.
ShishirJakati ShishirJakati AUDUSD, D, Long , 6 months ago
AUDUSD: Go Long on Aussie Dollar
49 0 1
AUDUSD, D Long
Go Long on Aussie Dollar
Aussie dollar is doing well right now. From a purely technical standpoint, this pair is coming back for a retracement from a downtrend. Came back to the .618. Need to be cautious, as the price can continue downwards. Price action, though, is looking to be slowing down in the negative direction.
ShishirJakati ShishirJakati USDJPY, 240, Short , 6 months ago
USDJPY: USDJPY SHORT
33 0 2
USDJPY, 240 Short
USDJPY SHORT
Bounce off of 110.730 figure, and then waves down.
ShishirJakati ShishirJakati GBPJPY, 240, Short , 6 months ago
GBPJPY: Short GBPJPY
53 0 1
GBPJPY, 240 Short
Short GBPJPY
Waiting for bounce off of 162.3 figure, as there is some resistance there. Looking for profits at previous lows.
ShishirJakati ShishirJakati EURGBP, D, Long , 7 months ago
EURGBP: EURGBP Pullback and Continuation
60 3 0
EURGBP, D Long
EURGBP Pullback and Continuation
Assuming that the weekly trend reverses, this may form into a bullish trend.
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