Martin Pring – 2 Day Personal Training Course (Seminar Package)

The course package is limited.

INCLUDE:

• Martin Pring – Introduction to Technical Analysis
• Martin Pring – On Price Patterns
• Martin Pring – Live in London
• Martin Pring – Technical Analysis Explained (2nd Ed.)
• Martin Pring – Technical Analysis Explained (3rd Ed.)
• Martin Pring – Martin Pring on Market Momentum
• Martin Pring – Technician’s Guide to Day and Swing Trading
• Martin Pring – Learning KST
• Martin Pring – Momentum Explained (Principles & Indicators)
• Martin Pring – How to Select Stocks Using Technical Analysis
• Martin Pring (for The International Institute of Technical Research) – Lessons on Technical Analisys
• Martin Pring – The All Seasons Investor
• Martin Pring – The Investors Guide to Active Asset Allocation

The seminar will equip the novice and intermediate investor with the technical tools to more confidently attack the markets. It will begin with important technical concepts, such as price patterns, momentum and relative strength, and end with asset allocation strategies using InterMarket relationships and exchange traded funds.

Day I will cover the subject of price patterns and introduce new material from Martin’s latest book. Basic momentum interpretation is covered in Day I.

On the second day, there will be a primmer on Martin’s KST indicator. There will be a session on how to pick stocks based on the knowledge picked up from the momentum sessions. An explanation of the concept of relative strength and how the industry group rotation develops around the business cycle will be included. Two bar price patterns are covered in the second day.

Martin believes in the behavioral aspects of markets and will go to great lengths to explain how psychology is reflected in chart pattern construction and momentum indicators. The psychological rationale for technical concepts can only be understood by traders and investors.

Each day will end with an interactive workshop in which case studies will be provided to participants. Most previous attendees agree that this is the most useful part of the day when they are in the driver’s seat.

DAY ONE

I BASIC TECHNICAL PRINCIPLES

What technical analysis is, what you should and shouldn’t expect from it are some of the basic technical concepts explained in the opening presentation. The subjects covered include bar charts, line charts candlesticks, and support and resistance. The discussion will include trend identification techniques such as peak and trough analysis, trendline construction and the significance of moving averages. Volume is a key ingredient, so its interpretation will be covered.

II CLASSIC PRICE PATTERNS

The principles for interpreting all price patterns will be set out in this presentation. The discussion will expand to include head and shoulders, double bottoms and tops, triangle formations and cup and handle formations. The session will end with new twists on old patterns such as the Chinese double bottom.

III HOW TO INTERPRET MOMENTUM INDICATORS

All oscillators are embraced by the term momentum. Key interpretive principles that apply to them all will be outlined in this session. Sentiment and momentum are related. Martin will show you how the correct use of momentum can be replaced if sentiment indicators are not available. The presentation will explain why swing traders need to know the direction of the main trend and how short-term momentum indicators can be used to identify primary trend reversals at an early stage. Advanced breakdowns and breakouts, extreme swings, mega overboughts and oversolds are some of the concepts developed by Pring.

DAY TWO

I ONE- AND TWO-BAR PATTERNS

Dramatic short-term changes in psychology can be seen in one and two bar patterns. They are similar to candlesticks but there are some important differences which will be explained. They allow realistic close placement of stops which limits risk, and they offer signals close to turning points. Outside bars, inside bars, gaps, two and three bar reversals, and key reversals will be covered. These patterns only have short-term significance, but when they appear in the charts with the right of indicators they can develop into major turning points. Martin will show how to recognize juncture points.

II APPLYING MOMENTUM PRINCIPLES WITH SPECIFIC INDICATORS

The interpretive techniques outlined in the presentation from Day will be used in this session. Indicators to be covered include the RSI, CMO, MACD, trend deviation oscillators, and Pring’s own KST* indicator. He will show how oscillators can be used in conjunction with trend following indicators to earn more profits, regardless of whether there is a trading range or a trend environment. The integration of price and volume momentum will be the final part of the tutorial.

III USING INTERMARKET AND TECHNICAL ANALYSIS TO SELECT ETFS AND STOCKS

Relative strength analysis is one of the key tools used in stock and sector selection. Martin will explain the concept of relative strength in this presentation. He will cover topics such as the business cycle, group rotation, and isolating the early cycle from the late cycle leaders. He will show how you can recognize that part of the cycle when specific sectors perform poorly. This information will be worth the price of the seminar. There will be an explanation of how to integrate relative and absolute momentum analysis into the stock selection process.

WORKSHOP/CASE STUDIES

Our judgement is clouded by the media noise around us. In this session participants will be split into groups and provided with anonymous case studies of real market situations, which will remove any bias that might otherwise have crept in. One member of each group will be elected to give a presentation based on what the group feels will happen next based on their review of the indicators. The presentation will be critiqued and an explanation will be given. Good old-fashioned technical analysis is what this session is all about. The session of the day when participants learn the most is this one.

* INTRODUCING THE KST AND MARTIN’S LATEST INDICATOR – THE SPECIAL K

Price is a reflection of many different time cycles. A lot of the factors that influence prices are missing from the calculation of the RSI, which only takes one time span into consideration. The KST uses four different time frames in its calculation to move us closer to the ideal situation. The indicator is most often used with daily data, but formulas have been derived using tick, 15-minute and 30-minute bar charts.

For short, intermediate, and long-term trends, KSTs can be constructed using weekly and monthly data. Gaining perspective on the overall financial cycle can be done by considering these three trends.

It is easy to stop at a gas station and buy a map if you are driving in a strange city. Wouldn’t it be great if you could buy an investment map that shows the market’s proximity to major tops and bottoms? The KST Market Cycle Model can be used with the short, intermediate and long-term KSTs. The KST approach helps put the odds in your favor. If you combine them all into one indicator, you get the Special K.

The theory behind the KST and Special K will be explained in this presentation. A full description of the market cycle model will follow. The presentation will include examples from the primary trend indicators.