Columns

Darryl Morley is a well known and respected newspaper columnist and professional trader, who is a former stockbroker. He has been writing his avidly followed Day Trader column on trading and technical analysis for the Melbourne Herald Sun and the Hobart Mercury for over 11 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.

Day Trader column for March 27 – 2012

After coming within a whisker of 4,400 and reversing on Tuesday last week, the All Ords traded sideways for the week. Friday’s price action promised a further move up, so we may well see it close above 4,400 this week.

Read more >>

Day Trader column for March 20 – 2012

Last week I commented on the number of weekly pivot points the All Ords has formed since August last year. Low and behold, last week saw the Index form another weekly pivot point to the upside.

Read more >>

Day Trader column for March 13 – 2012

The All Ords formed another weekly pivot point to the downside last week. Since the market low in August last year we have now seen the All Ords form five weekly pivot points to the upside and last week was the fifth weekly pivot point to the downside.

Read more >>

Day Trader column for March 6 – 2012

Another divergence last week between the All Ords and the S&P/ASX 200. This time the All Ords traded above the December 2011 spike high and the S&P/ASX 200 failed to trade above its December spike high.

Read more >>

Day Trader column for February 28 – 2012

Another week and another reversal in the All Ords. Last week the All Ords formed a weekly pivot point to the upside but fell short of a close above 4,400.

Read more >>

Day Trader column for February 21 – 2012

Last week my cautious optimism of the past few weeks was shaken as the All Ords formed a weekly pivot point to the downside. In the process I was stopped out of the three stocks bought a couple of weeks ago.

Read more >>

Day Trader column for February 14 – 2012

It seems our market, and the All Ords is still cautiously approaching the 4,400 mark. Last week All Ords finished the week just a couple of points above the previous weeks close and as it turned out formed a weekly reversal candle to the downside.

Read more >>

Day Trader column for February 7 – 2012

Last week our market was down a little but the entire weeks trading was within the range of the previous weeks trading.

Read more >>

Day Trader column for January 31 – 2012

The All Ords clearly broke the downtrend that has been in place since April last year on both the Arithmetic and Semi-log charts.

Read more >>

Day Trader column for January 27 – 2012

The All Ords continued to creep up last week and managed to close just above 4,300.

Read more >>