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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

As easy as 'abc'

22 Aug, 2011
I don’t mean ‘abc’ swing patterns but rather the analysis in this ‘plain vanilla’ line chart of the Dow from 1975 to the present.

Volatile Markets - Volatile opinion

15 Aug, 2011
Watching the market meltdown in recent days (and in particular the mad mid-week reversal), I was more taken by the so called ‘insight’ of analysts and fund managers, much of which was disgraceful.

Just a tea party

29 Jul, 2011
I heard a particularly telling comment from a market/political commentator this week in reference to the US Congress debt ceiling stalemate.

Classic Elliott

25 Jul, 2011
What we have seen over the last few weeks has been text-book Elliott Wave material.

Can I walk in your shoes?

18 Jul, 2011
I am not in the market right now but I am going to imagine I am in your shoes – in the market and wondering what to do.

Oil Hiatus?

27 Jun, 2011
Well, oil has run out of some steam, but it has not ground to a halt - yet.

Glencore hit the sweet spot?

20 Jun, 2011
Glencore is a FTSE-listed resource trader that floated in May this year. I could not help but be amused by its timing - not perfect, but close to it.
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