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Tom Scollon

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From farmer to high school teacher to successful investor and financial advisor, Tom Scollon's career path has been diverse. Yet this interesting mix has resulted in far-reaching experience in a range of industries and enabled him to enjoy unmitigated success trading the markets. He has invested successfully on the Australian stockmarket for more than 20 years trading equities, options and other financial instruments using technical analysis techniques to determine trends and chart market movements. Tom believes that studying simple trends such as price and volume can reveal much about a stock’s prospects. He uses technical indicators such as “On Balance Volume”, “Bollinger Bands” and “Elliott Wave” to predict where the market might head next. He is a great teacher and in his articles he translates his views into easy-to-understand concepts for all levels of traders, and has thus developed a strong following over the years.

Latest Posts

To Sell or Not To Sell  

3 Oct, 2014
So often the question but so often asked at the wrong time. It is usual human behavior to ponder this topic when the market has had a few days of falls.

Classic Elliott Pullback

25 Aug, 2014
When the markets started to ease a few days ago many analysts touted that this could be the beginning of a much bigger slide. But at least for now , the All Ords is merely in a pullback before the next move higher that we are now seeing.

Any Opportunities Left?

8 Jul, 2014
Is there any point in watching this market further – in other words can money be made still?

Get aboard the gravy train

15 May, 2014
Cash rates remain at the very low rate of 2.5% which means you can pick up a mortgage for around 5%. Incredibly low. So it’s not surprising that house prices are going through the roof so to speak.
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