TradeCurrencyNow.com CCI Trend (part 2) Commodity Channel Index

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An oscillator used in technical analysis to help determine when an investment vehicle has been overbought and oversold. The Commodity Channel Index, first developed by Donald Lambert, quantifies the relationship between the asset's price, a moving average (MA) of the asset's price, and normal deviations (D) from that average.The CCI has seen substantial growth in popularity amongst technical investors; today's traders often use the indicator to determine cyclical trends in not only commodities, but also equities and currencies.
The CCI, when used in conjunction with other oscillators, can be a valuable tool to identify potential peaks and valleys in the asset's price, and thus provide investors with reasonable evidence to estimate changes in the direction of price movement of the asset.
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[tonydichi]

I use the CCI as a momentum indicator. When the lines start to move separately the momentum is uncertain and usually change of direction is nearing. When lines move together momentum is in direction of lines movement. Sometimes the lagging line does catch up, but we don't know when that will happen.

By the way, my experience says that almost all types indicators lag.

[jimmytube717]

but all indicators are lagging, when would you know to get in if it already happened ?

[tonydichi]

@jimmytube717 It's all about momentum and the breaking point!

[HanumanCapital]

@jimmytube717 You have to follow price action around short term moving averages in combination with CCI and stochastic overlays. The oscillators tell you to get get ready while price action (with or without moving averages) helps you determine your entry point. Price action should really be your key indicator while the others act to help you time the turning point of price action.