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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

Banks stressing?

15 Nov, 2013

No just a little blip. Banks mid week looked a little soft and some investors may have been exiting with a level of fear of what may lie ahead. But it would seem there is nothing to worry about at the moment.

XAO on steroids

10 Oct, 2013
The Australasian All Ords was slow out of the block after the 2009 low and in fact lags the DOW by a long measure from the recovery of the 2009 low.

Markets Overvalued?

26 Sep, 2013
Markets are now showing signs of weariness. As I write the DOW has had three consecutive down days. No big deal. It is not about to collapse tomorrow – I don’t think. But upward momentum has eased.

You are voting with your money

12 Sep, 2013
If we look at OBV – On Balance Volume – a useful guide to market strength – we can see that there is strong support for this market

Gold Gold Gold

16 Aug, 2013
A well known catchy cry in the Australian swimming Olympic heyday. And of course when gold has been going through the roof. But life on the Australian gold field has been a little subdued for some time yet.

The Beginning of the End?

9 Aug, 2013
Not really just jitters at the top. We have all experienced some jitters at a top in our life – on a big day. But recent market entrants could feel a little cautious.

Resources reaching a low?

11 Jul, 2013
Well yes they are. But the more important issue is, is this THE low. Let’s look at the Materials chart and then some stocks
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