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 August 30 – 2011

I am now waiting for the All Ords to climb to near or above the August 17 high of 4,390.

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Day Trader column for August 23 – 2011

By last Thursday it looked like the All Ords was going to form a weekly pivot point to the upside - but Friday put paid to that.

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Day Trader column for August 16 – 2011

3,800 was the lower end of support for the All Ords when it traded in a sideways range in September/October 2008 before the Final Fall to the 3,100 low of March 2009.

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Day Trader column for August 09 – 2011

Last Friday was the reason I am out of the market.

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Day Trader column for August 02 – 2011

Last week the All Ords gave back more than it gained the previous week, so that put paid to a weekly pivot point.

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Day Trader column for July 26 – 2011

With all the action in our market last week we still did not see a weekly pivot point form on either the ASX/S&P 200 or the All Ords.

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Day Trader column for July 19 – 2011

All the action in the market as the Index moved up from the June 27 low, was blown away last week - as the market reversed and fell heavily on July 11 and 12.

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Day Trader column for July 12 – 2011

After three months of steady downtrend last week saw the All Ords form a weekly pivot point to the upside.

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Day Trader column for July 05 – 2011

Last week saw the ASX/S&P 200 form a weekly pivot point to the upside, but the All Ords actually made a new low last week, so there was no weekly pivot point there.

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Day Trader column for June 28 – 2011

Last week showed classic indecision - the Index closed very close to its opening level for the week - in the meantime it traded around fifty to sixty points above and below those levels.

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