The Forex Pro

This article is taken from the Forex Journal (July 2009 issue). The author, Alex Douglas , is an Associate Director, Head of Business Development and Market Strategist for City Index Australia. He drew his first chart by hand in 1983 and has twenty years of market experience including roles ranging from futures pit trader to Global Head of Foreign Exchange Technical Analysis. He is on the Board of the International Federation of Technical Analysts (IFTA) and was instrumental in the