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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

Looking for Signals

17 Aug, 2012
Even when we feel we know what is happening in the markets, we should be disciplined enough to do the analysis.

Punt on a favourite?

10 Aug, 2012
In fact, an old favourite – BHP? Not for me. You may think I am teasing you because I don’t punt.

Markets Cooked About Right

3 Aug, 2012
I have chosen four charts this week, the daily and weekly 90-day Elliott for the Dow and the Australian All Ordinaries.

Not a Lot Happening

13 Jul, 2012
As I scan the headlines, I sense buyers and sellers will be none the wiser from reading them.

Beware the "X" Factor

6 Jul, 2012
Europe is the biggest single market bloc in the world and while it is still alive culturally, it is dead economically.

Austerity or stimulus

22 Jun, 2012
This week I take a break from the charts to ponder the events that surround us.

Towards the Next Boom

15 Jun, 2012
Last week I shared my outlook for financial stocks. I am acutely aware that what I wrote may or may not have hit the right spot with each and every one of you.
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