V. 22:6 (92-94): Product Review: TIGER & Live In London by S&C Staff
Technician Martin Pring wrote in the April 2004 STOCKS & COMMODITIES about a pattern recognition
capability available through his website. This article will
review that pattern recognition service, which is called TIGER, as well as the Live In London series of tapes that Pring offers on his website. The pattern recognition
and the tape series complement one another, and while each is an excellent standalone product, it would
be beneficial to get both ó especially if you are relatively new to trading. Letís start with the videotape package, since it provides some background for trading
the pattern recognition software.
LIVE IN LONDON
The Live In London series of five VHS tapes consists of recordings of live presentations by Pring. The tapes are accompanied by workbooks. The presentation material is both interesting and informative, and the camera work is excellent. Pring speaks very clearly and uses plenty of examples when making his assertions. The major portion of the presentation is about price and momentum patterns, both long term and short term (the same patterns you will be considering if you subscribe to the TIGER pattern recognition service). In his introductory statement, Pring says that as technical analysts, we try to understand the psychology of the market, and to work with probabilities. This is spot-on.