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Tom Scollon

Tom Scollon image
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

Santa Presents For All

24 Nov, 2020
it appears we may see a Santa rally and then a possible upwards ‘’year-end’’ rounding off of markets...

Election Over, Now what

16 Nov, 2020
Decent returns in fixed interest/term deposit and bonds are hard to come by. If the returns offered are attractive, then you need to look deeper...

An Anxious Wait

2 Nov, 2020
it is almost like investors are looking for bad news that they can adversely react to...

Nervous

19 Oct, 2020
there can be much shenanigans before and after elections, especially if it is a knife edge finish...

Clear As Mud

6 Oct, 2020
It is times like these we would really like the charts to give us a single guidance for once.

Tired Markets

1 Sep, 2020
We have seen a number of ABC patterns over the last few weeks and now we see a wave five high in the making...

Aussie to Climb Higher?

10 Aug, 2020
This cauldron is like a thick broth at the moment rather than a hospital style clear broth. And this is creating uncertainty...

You Are Keeping Your Powder Dry

3 Aug, 2020
Is this the beginning of a long-term disruption of supplies from China as business and government rethink vulnerability and thus supply lines?

Banks Want to Pop

20 Jul, 2020
there are many shareholders who would like to tighten their holdings in the sector and as soon as the price looks half decent the sellers will come in droves...
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Aaron Lynch image Aaron Lynch Ben Lebrun image Ben Lebrun Jordan Craw image Jordan Craw JP Drysdale image JP Drysdale Lachlan McPherson image Lachlan McPherson Lauren Jones image Lauren Jones Noel Campbell image Noel Campbell Rob Roy image Rob Roy Tim Walker image Tim Walker Tom Scollon image Tom Scollon
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