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

What a Difference a Day Makes

24 Mar, 2020
We have not seen a long-sustained bear market in the lifetime of most current day investors.
The market today opened 8% down and it recovered with some punters thinking the worst is over.

Possible Scenarios for Oz Market

23 Mar, 2020
The tenet that all this could be over quickly is hard to take on. There are so many factors in play, and this is uncharted waters. So, it is one step at a time..

Making Sense of the Mayhem

13 Mar, 2020
There is no told you so here. It is basic if you are at the top of the mountain it is a long way down if you trip – and ledges are few and hard to grab hold of.

Calm Before the Storm

2 Mar, 2020
Right now, markets are overbought. Simple. There is just too much money chasing too few assets...

Fancy a Short Term Trade

10 Feb, 2020
not many people deserted the market with the recent Coronavirus sell down. That is not to say the C fears are all over...

While You were Basking

13 Jan, 2020
Overall the Australian market, like only a few other – USA in particular – has defied popular opinion

PME a Rare Species

11 Nov, 2019
It shows prospects of being a rare medium-term prospect with the prospect of going from $25 to $45 in the space of a year.

An Overview of Australian Indices

28 Oct, 2019
A lacklustre picture and that is what is causing the local market to drift sideways. It may take some months to snap out of this low energy phase....
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