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Wwwcaaain 2 foreign exchange or forex is the conversion of one country's currency into that of another a country's currency is valued according to factors of. Manage the pip is the premier forex trading money management expert advisor for the metatrader platform in use at over 80% of forex brokers. Published by john wiley & sons, inc library of congress cataloging-in-publication data vince ralph 1958-the mathematics of money management: risk analysis.