Empowering Self-Directed Investors
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.
22 Feb, 2021
All Over Barring
21 Dec, 2020
put your feet up – but don’t forget to clean out any doubtful positions you may hold...
9 Dec, 2020
the sweet journey higher of a market stoked on its own momentum...
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...
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.
Much Ado About Nothing
15 Sep, 2020
Those of you with a job are spending like "you can't take it with you".
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...
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