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 April 7 - 2017

Last week the three main indices (All Ords, ASX/S&P 200 and the SPI futures contract) all closed above 5,800. I have been waiting for this situation to occur for a long time.


Day Trader column for March 31 - 2017

Finally this week saw the All Ords, S&P/ASX 200 and the SPI futures all close above 5,800 on Tuesday for the first time since early last year. However, at the time of writing it was only on a daily chart but if they all close above 5,800 today we will have the weekly close which is what I have been patiently waiting for.


Day Trader column for March 24 - 2017

As of the end of last week the indices continued to trade sideways, but the All Ords was the only index of the three major indices to close the week above 5,800.


Day Trader column for March 17 - 2017

More consolidation and indecision. As of last Friday the main indices continued to trade sideways as they have for the past month.


Day Trader column for March 10 - 2017

Last week was a week where we saw our market in limbo, as it opened and closed near the same level and in between it ran up and down over a range of 100 points or so.


Day Trader column for March 3 - 2017

It will be very interesting to see if the All Ords closes below 5,771 today, as that would form a weekly pivot point to the downside.


Day Trader column for February 24 - 2017

The weekly pivot point formed last week as expected. This now leads to the very high likelihood of our market moving up to new highs.


Day Trader column for February 17 - 2017

As of Wednesday this week it looks very likely we will see a weekly pivot point form to the upside. If the All Ords closes above 5,773 today, that all important pivot point will be in place.


Day Trader column for February 10 - 2017

Our market traded to a new low for the year this week and reversed on Tuesday after the All Ords tested the 5,650 support/resistance level. On Wednesday the indices all closed higher with the All Ords closing above 5,700, forming a daily pivot point in the process.


Day Trader column for February 3 - 2017

Last week our market formed a reversal to the upside, but did not form a weekly pivot point to the upside.