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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

Surprise Surprise

1 Aug, 2008
Well well wouldn’t you know it? The banks have finally declared an increase in provisions for write offs.

It's just a bad smell

18 Jul, 2008
Banks are really on the nose at the moment and no-body wants to go near them.

Everything for sale

11 Jul, 2008
I was given a generous gift voucher for a major and quality department store and I went there last Saturday but I am sorry to report I could not spend the money.

Not since Adam was a kid

4 Jul, 2008
The papers have been telling us that this has been the worst fiscal year for the equity markets since year dot or when Adam was a kid.

The Break

27 Jun, 2008
Congestion can be a useful guide to a breakout and if you get the right direction you can make money a plenty.

What If I Am Wrong?

20 Jun, 2008
Before I compose my editorial I await columnist’s articles to see is there a theme I should avoid – if for no other reason than to avoid the risk over weighting a theme.

200 MA, So What?

13 Jun, 2008
The 200 day moving average is oft quoted by analysts who are ‘sometime’ technical analysts.

The Big Big Picture

6 Jun, 2008
Always good to take a peek at the big picture. But I am never sure how to make money from it in the short to medium term, nevertheless I always think it is a good thing to do.

Mining bubble in the making?

30 May, 2008
Well not yet but it is possibly only a matter of time. Let’s go straight to the chart and see what we can glean.
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