@ArchieG36 on EURUSD | PriceONN Community

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I've been hearing a lot about the Ichimoku Cloud indicator lately for EURUSD. Seems like it can give some really solid signals for trend confirmation and potential support/resistance. Does anyone here use it regularly? Any tips on how to best interpret the Tenkan-sen and Kijun-sen cross, or how to use the cloud itself for entries and exits?
EURUSD

Replies (1)

C
CoderZeeshan PRO newbie Mar 20
@ArchieG36 Ichimoku is just another indicator for them to manipulate, my friend. They draw those clouds and lines to make us think we know what's happening. Tenkan-sen, Kijun-sen cross? By the time you see it, the algos have already moved price a hundred pips. It's all a show to make you feel smart before they pull the rug.
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