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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

Make money with me on BHP

28 Oct, 2011
I have been in cash since January, 2008 and am still not feeling any great desire to get back into the markets, unless there is a compelling reason.

Be Quick with BHP

21 Oct, 2011
BHP looks set for a run but you may have to be quick. The daily chart suggests BHP is somewhere near a wave five low:

I like Indian Health

14 Oct, 2011
It has been hard to find a silver lining among all the doom and gloom of the recent months, but I believe I have found two.

Volume is a curious thing

30 Sep, 2011
When markets bounce like they have in the last couple of days, it is important to look at the volumes.

Telstra you?'re a hero

23 Sep, 2011
Well, right now you look like a hero on the daily short-term line chart:

It's not diabolical

19 Sep, 2011
Regardless of which charts I consult for a near-term market outlook– equities or commodities – the outlook is far from diabolical.

Volatile Times

12 Sep, 2011
I am currently travelling and don’t have access to the in-depth and sophisticated Hubb charting I have come to rely on.

East Needs Rejuvenated West

5 Sep, 2011
I have just arrived in Paris after a brief stopover in Guangzhou. And the differences are stark.

Even oil is tired

29 Aug, 2011
If oil is an indicator of global economic outlook, then it is in sync with just about all the other signals we are seeing.
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