Category Archives: Forex Glossary

Parity occurs in the Forex market when two currencies are of equal value. The exchange rate is equal to 1.

Scrypt is a type of mining algorithm used by major cryptocurrencies such as litecoin and novacoin. It has one major advantage over other algorithms such as SHA-256 in that it’s quicker and easier to use. It doesn’t use up as much computer processing, so individual miners can more readily process blocks of data with it.

An increase of price after a period of decline.

The parabolic SAR (short for Stop And Reverse) is a very complicated predictive algorithm designed to establish a trailing stop-loss level for asset markets that follow strong bullish or bearish trends. The algorithm was introduced by J. Welles Wilder, Jr. in his 1978 book.