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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

Vexed Vix

13 Dec, 2010
Many of you may have heard of the VIX.  But to refresh your memory it is the ticker symbol for the Chicago Board Options Exchange Market Volatility Index and is a widely used measure of the implied volatility of S&P 500 index options.

Banks Down and Out?

29 Nov, 2010
It is not surprising that banks are still struggling following the GFC – Global Financial Crisis.

The Wolf of Wall Street

22 Nov, 2010
You may know of the title – by one Jordan Belfort - self confessed fraudster, drug addict, greed maniac.

Currency crisis looming?

15 Nov, 2010
Well that is the ‘word on the street’ in Asia where I am currently travelling.

DOW leading us astray?

8 Nov, 2010
Well it may appear that way. And as the US heads into a midterm vote and with the prospect of a hung decision – this is still seen as a positive for the markets and so they just keep pushing higher.

ASX: Who knew what?

1 Nov, 2010
I am always curious to go back and have a look at price and volume action after there has been some takeover activity.

Select sectors well

25 Oct, 2010
Markets have had a great run in recent weeks but not all sectors have done equally well so it is important to back the right sector.

DOW Overdone?

11 Oct, 2010
Not quite but maybe heading that way. But yet investors keep buying – for the long term they say.
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