PrymFX Forex Risk Oscillators 11.01.2020

Updated: Dec 14, 2020

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Short-Term Risk Oscillator: -3.1

OVERSOLD


Long-Term Risk Oscillator: -6.2

OVERSOLD


One of the biggest impacts on markets is risk. There are many measures of this such as the volatility index in the stock market. Risk plays a very important part in FOREX Trading as certain currencies are viewed as “Risk-On” or “Risk-Off” assets. We have developed our own proprietary oscillator to better understand where risk levels are in the market. It is important to note these oscillators can stay overbought or oversold for some time as markets move heavily in one direction or the other. Our goal is to provide a tool to assist our members when deciding to enter FOREX trades.


Our long-term oscillator is on a scale between 0 (zero) and 10 (ten), where anything less than 4 is considered oversold and anything above 6 is considered overbought. The closer the oscillator is to 10, the more overbought it is; conversely the closer it is to 0, the more oversold it is.


Our short-term oscillator is on a scale between -10 (negative 10) and 10 (ten), where anything less than 0 is considered oversold and anything above 0 is considered overbought. The closer the oscillator is to 10, the more overbought it is; conversely the closer it is to -10, the more oversold it is.

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