camarilla

Definitions

Forex

  • (written as Camarilla)
    A complex formula for predicting market price and currency exchange rate movements developed by well-known bond trader Nick Stott in 1989, based on the principle that time series have a tendency to revert to the mean. The Camarilla formula is used to determine probable pivot points for price movements, providing buy or sell signals for foreign exchange investors.

Politics

  • noun a small group of advisers, especially a group privately advising an important person
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