ie CCI method only use the CCI indicator. So you can just use one. The real danger is using too many. Twelve indicators on a chart would confuse So, can you use common indicators (the same ones everyone else is using) and make a profit? In one word, yes. That doesn't make sense? Let me explain.

First, while these indicators are available to everyone, not everyone uses them. Second, of those who use them, only some use them correctly. Most don't.

So you have plenty of opportunity to make money using everyday indicators. Let's bust some of the myths surrounding them.

1) Don't just use one indicator. Says who? I've used the MACD by itself to find great divergence trades. Many traders who follow the Woodie CCI method only use the CCI indicator. So you can just use one. The real danger is using too many. Twelve indicators on a chart would confuse a

lain.

First, while these indicators are available to everyone, not everyone uses them. Second, of those who use them, only some use them correctly. Most don't.

So you have plenty of opportunity to make money using everyday indicators. Let's bust some of the myths surrounding them.

1) Don't just use one indicator. Says who? I've used the MACD by itself to find great divergence trades. Many traders who follow the Woodie CCI method only use the CCI indicator. So you can just use one. The real danger is using too many. Twelve indicators on a chart would confuse

rectly. Most don't.

So you have plenty of opportunity to make money using everyday indicators. Let's bust some of the myths surrounding them.

1) Don't just use one indicator. Says who? I've used the MACD by itself to find great divergence trades. Many traders who follow the Woodie CCI method only use the CCI indicator. So you can just use one. The real danger is using too many. Twelve indicators on a chart would confuse

m.

1) Don't just use one indicator. Says who? I've used the MACD by itself to find great divergence trades. Many traders who follow the Woodie CCI method only use the CCI indicator. So you can just use one. The real danger is using too many. Twelve indicators on a chart would confuse

ie CCI method only use the CCI indicator. So you can just use one. The real danger is using too many. Twelve indicators on a chart would confuse anyone. Good luck at even seeing the price!

2) Combine several indicators that do different things (oscillators and trend indicators). Actually this isn't really a myth in and of itself. It is a valid way to put a trading system together. However, if you assume that you can mix a magical bunch of indicators together and be assured profits, you're going to be very disappointed.

3) Advanced indicators (like neural net based indicators) are better. Do you know what a neural net does? In case not, I'll explain it really quick. You feed it several parameters. It looks t