@RicardoDizon on GBPUSD | PriceONN Community
R
Hey guys, been seeing some talk about Ichimoku Cloud lately. 🤔 Anyone here use it regularly for GBPUSD? I'm trying to expand my toolkit and it looks interesting, but kinda complex. Any tips or good resources for a newbie? Help a brother out! 🙏
Replies
R
Oh, and also, what are your favorite settings for the Ichimoku Cloud? I keep seeing different numbers thrown around. 🤔
J
@RicardoDizon, hey! Ichimoku can be useful, but it's a lagging indicator. I prefer to use it in combination with price action and fib levels. Try experimenting with different timeframes to see what works best for your style. Also, watch out for the cloud twists – they can signal potential trend changes in GBPUSD.
@RicardoDizon Ichimoku is a beast lol. I tried getting into it a while back but got overwhelmed. Jennifer's right, it lags, so definitely don't use it in isolation. I personally like to combine it with order blocks and FVGs on the H4 timeframe. See if you can spot any confluence with the cloud's signals. Also, experiment with different Tenkan-sen and Kijun-sen settings. I think I ended up settling on 9/26/52/26, but it's been a while. Good luck!