Schumpeter’s wave of Creative Destruction just starting in Germany … short surf is UP!

 

Voo Doo principle: a pattern appeared and at the PRECISE level the BUYING STOPPED and the SELLING took over … believe it? or not?

Here’s what I do know:

  • ANYTHING can and will happen …
  • YOU DO NOT NEED TO KNOW WHAT IS GOING TO HAPPEN NEXT TO MAKE MONEY
  • There is a random distribution between wins and losses for any given set of variables that define an edge … (MY edge is PATTERN RECOGNITION)
  • An edge is nothing more than an indication of a higher probability of one thing happening over another …
  • EVERY MOMENT IN THE MARKET IS UNIQUE
  • Thank you Mark Douglas for Trading in the Zone.

Here’s what I SEE w/ regards to the German Dax – PATTERNS are complete across long time frames.  IF (the big IF) these patterns work (they sure seem to be) THEN it is very bearish.

GERMAN DAX Monthly AB=CD from all time how to all time high - COMPLETE

GERMAN DAX Monthly AB=CD from all time how to all time high – COMPLETE

9c4ezXqni Proof_of_Butterfly_theorem

 

Butterfly #1 on German Dax

Butterfly #1 on German Dax

 

butterfly pattern MONTHLY GERMAN DAX number 2

butterfly pattern MONTHLY GERMAN DAX number 2

 

EWG ETF for German Dax

EWG ETF for German Dax

 

and, here’s the ETF w/ the “SEE PATTERN APPROACHING” back in December 2013

the SELL PATTERN approaching

the SELL PATTERN approaching

 

 

 


 


 

CLIFF NOTES:  as I’ve said for the past 6 months (it hasn’t even been a year blogging!) this is a PATTERN RECOGNITION blog.  And, guess what … we have ANOTHER PATTERN from an all time low.  Here’s the pattern …

German Dax

German Dax

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s

%d bloggers like this: