Columns/Diary

Darryl Morley is a well known and respected newspaper columnist and professional trader, who is a former stockbroker. He has been wrote his avidly followed Day Trader column on trading and technical analysis for the Melbourne Herald Sun and the Hobart Mercury for over 20 years.

Darryl is likely unique, in that he actually writes about his own trades, his reasoning for selecting or rejecting certain stocks, how he sets his targets, his stops, his exit strategies. He’s also not shy about staying out of the market if the signals are not right and explaining why. This is very different from most talking heads, who are not dealing with their own money.

New columns are updated to this site every week.

These columns are written and published as a chronicle of Darryl’s trading. Any information provided is of an educational nature only. Please note that we are NOT a stock tipping service, either through the newspaper column nor through the workshops. Our hope is that by watching and learning from Darryl’s trading technique, you can start to learn to take control of your own finances, which we believe is especially relevant in today’s turbulent market.

Darryl's Trading Diary July 15 - 2019 (Final)

Last week the Indices all traded the entire week inside the range of the previous week. This I believe is consolidation before the market moves higher and it closed the week less than one hundred points below it all-time high, so it is a short couple of positive days from moving to a new high. Maybe this week will see a close at a new high.

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Darryl's Trading Diary July 8 - 2019

Last week the All Ords closed above 6,800. This was the highest weekly close ever and just twenty two points below the highest daily close in 2007. The intraday high on Friday was also just twenty three points below the all-time high.

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Day Trader column for June 28 - 2019 (Final Published in the Herald Sun)

As you should be aware by now this is the last column I will be writing for the Herald Sun, and I will add I have really enjoyed your company over the years.

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Day Trader column for June 21 - 2019

Last week saw our market move up strongly with the All Ords closing the week above 6,600 and then the close on Wednesday at 6,728 puts the All Ords just 150 points below its all-time high of 6,873 reached in August 2007.

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Day Trader column for June 14 - 2019

Last week saw our markets finally have a positive move to continue the uptrend. As there is still so much commentary around the economy which is mostly negative it is only to be expected the market is hesitant.

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Day Trader column for June 7 - 2019

Last week both the All Ords and the ASX/S&P 200 did not form weekly pivot points to the downside, but the SPI futures did.

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Day Trader column for May 31 - 2019

We may be seeing the consolidation in our market I mentioned last week as the All Ords has, as of Wednesday pulled back to near 6,500. We may see further consolidation, but the market is still looking positive and many stocks still continue to hover around support/resistance levels.

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Day Trader column for May 24 - 2019

It would appear the market knew something the pollsters didn’t last week. The market optimistically closed close to its high for the week and on Monday continued to show how it felt about the election. On Wednesday the All Ords closed on its high of 6,598 which is just 275 points below the all-time high

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Day Trader column for May 17 - 2019

Last week we saw our market continue to consolidate around the 6,400 level on the All Ords and this week we saw it fall on Tuesday, but it closed the day well off its lows. On Wednesday it traded up all day and closed the day just 10 points below Tuesdays high.

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Day Trader column for May 10 - 2019

The fall in the indices discussed last week was reversed for one day on May 02, when it formed a daily pivot point to the upside, but in this case it did not follow through and the move down continued until Tuesday this week when the move down may have been arrested.

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