new way for forex trading..


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Commodity Channel Index Indicator

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Developed by Donald Lambert and first made public in 1980, the commodity channel index is a well-known tool used by some commodity and forex traders for identifying secular moves, and trading them. The CCI has a crossover line at zero, and an overbought level at 100, while values below -100 are regarded as signaling an oversold condition. The CCI is an oscillator. Note: Past performance is not indicative of future results. Here we see the indicator in action in the price chart above. It is interesting to note that the CCI gives many false signals even at extreme values. For example, the lowest value for our indicator, at -283.576 was recorded during a very minor, and passing bottom on the chart. As with most high sensitivity indicators using the ATR requires a lot of practice and patience in mastering it. Calculation of the CCI To understand how the CCI is calculated, we need to understand three different, yet simple mathematical concepts. The first is the typical...
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Dell sees brisk sales of new ultrabooks

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  Dell  Inc's new ultra-thin laptop computer meant to rival Apple Inc's popular MacBook Air is doing much better than the company expected. Sales of the XPS 13 ultrabook, which hit store shelves on Feb. 28, are now more than double the company's internal forecast, driven by strong demand from both consumers and big corporations, Dell said.  "With this product, we went aggressive with the forecast," Dell product marketing director  Alison Gardner  said. "Since we started shipping it to customers, XPS 13 has exceeded our expectations." Almost half of the sales of the XPS 13, which starts at $999, were to corporations, she added. Dell's so-called enterprise business has doubled in the past five to six years and now represents half of the company's profit. While Gardner declined to reveal the exact number of units sold so far or the internal forecast, she said Dell is seeing a lot of sales momentum for the super-thin category of laptops. ...
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BP profit falls as oil spill costs still weigh

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Oil producer BP Plc reported a bigger-than-expected 13 percent drop in underlying quarterly profit, as production fell after the group was forced to sell fields to pay for the Gulf of Mexico disaster , offsetting an increase in crude prices. BP said on Tuesday output would continue to decline in the second quarter as it unveiled plans to sell a number of mature fields in the Gulf. A spokesman denied the company was making a more general pullback from the region, saying the disposals reflected a new strategy of churning assets more quickly and focusing on larger, younger projects. The London-based group also said it would have to spend more than earlier expected to clean up America's worst-ever offshore oil spill , although this was offset by a drop in the expected cost of paying out claims after the company agreed a settlement with impacted individuals and businesses. BP shares traded 2.7 pe...
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