![]() Please enter a search term to begin your search. |
![]() ![]() ![]() ![]() ![]() ![]() |
Columns/DiaryDarryl 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. < Previous 56789101112131415161718192021222324252627282930313233343536373839404142434445464748495051525354 Next >
Day Trader column for February 16 – 2011Last week the All Ords closed above 5,000 for the first time in nearly a year. It then fell away sharply on Friday as one would expect when a serious resistance level is reached.Day Trader column for February 09 - 2011After spending January trading sideways between 4,800 and 4,900 the All Ords finally formed a weekly pivot point to the upside last week.Day Trader column for February 02 – 2011Last week our market looked set to form a weekly pivot point until Friday, when it fell sharply and closed well below the level needed for the pivot point to form.Day Trader column for January 26 – 2011Last week we did not get the weekly pivot point I wrote about last week. Instead last week the All Ords lost half the previous week’s gain.Day Trader column for January 19 – 2011The All Ords closed above 4,900 for the first time since May 2010, which also meant it closed above the November 2010 spike high.Day Trader column for January 12 – 2011Our market rolled over last week and closed low enough to form a weekly pivot point to the downside. The so called blue chip stocks continue to hold the index back, and the mid cap stocks continue to provide some action.Day Trader column for January 05 – 2011The All Ords finished 2010 down 40 points from where it finished in 2009. In between it traded in a 800 point range.Day Trader column for December 29 – 2010A divergence formed between the All Ords and the ASX/S&P 200 last Thursday when the All Ords traded above its November 05 high and the ASX/S&P 200 failed to trade above its November 05 high.Day Trader column for December 22 – 2010The All Ords looks set to break above the 5,000 level very soon. When and if this happens I expect the index to run to around 5,150 before consolidating.Day Trader column for December 15 – 2010Our Market continued to show strength last week as it slowly moves towards the 5,000 mark. All four major banks, BHP and RIO formed weekly pivot points to the upside after their recent down trends. |
|