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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

Buy or Bye?

14 Jun, 2013
Where to from here will be on the minds of investors globally.

BHP Going Cheap

7 Jun, 2013
Had I offered BHP to you at $30 anytime over the last couple of years you would probably have grabbed as much as you could.

Soothsayers damming the lil Aussie Battler

22 May, 2013
Yes I have been reading a trifle about how some acclaimed currency traders are calling the end of the Aussie dollar. Talking up their own book me thinks.

Reluctant sellers? Or Greedy?

15 May, 2013
Markets the world over are showing amazing resilience. It is not so much that there is strong buying – oops I have missed the train and I must get on board – but rather there is just no selling pressure.

Miners down but not Out

10 May, 2013

Mining stocks have risen over the last few days and so we ask, does this herald the beginning of a new dawn?

Time to cash in CBA?

2 May, 2013
A few weeks ago we looked at CBA which was setting up a classic text book wave four ready to move to wave five.

The End of Gold?

18 Apr, 2013
Well it could be for a few years even though the gold stake holders would like to think otherwise.  And no matter how they much talk it up nothing will change.   And not even Indian weddings will save the precious metal in the coming years.

What odds the DOW?

10 Apr, 2013
Well what an incredible run the DOW has had! What are the odds it can continue even higher?
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