Zen Kernels, Insights for Traders: Ethereal Melody

Zen Kernels, Insights for Traders: Ethereal Melodynotes from a
bamboo flute
rise and fall
on the breeze
–Terry Chitwood

The market moves like music, sometimes swinging between octaves in certain time frames, pausing for a number of beats, changing tempo on a whim, then continuing its serpentine journey. Sometimes the music is raucous, sometimes sweet, always surprising – at times, it makes you weep.

Melodic Waves

Rising and falling in melodic waves, the market sings an ethereal melody, Shrouded in darkness, barely heard, the higher notes create a holy word. The rhythm of angel wings beating as one form a backbeat that reaches the sun. Bits of sunlight fall from the sky, touching the darkness which turns into light.

Music as Math

Music dissected looks like math. Numerical relationships abound and it’s more than just chance. Counting the number of candlesticks between swing highs and swing lows helps you discern the rhythm of the market. Cycles repeat, then change the count between pivots, moving faster or slower, changing tempo. Being in tune with the pulse of the market helps you to know where to enter its song.

Photo Credit: Photo by Murali Nath

The Christian Trader: Glory to God

Tweet Gloria in excelsis Deo echoes off the monastery’s walls lingering on the wind –Terry Chitwood Have mercy on us. Traders, especially, need mercy since most traders don’t realize trading is a spiritual process. Praise God . . . with all your heart, with all your soul, with your whole being—while trading.  Let your trading…

Wild Wisdom, Insights for Traders: Eagle Eyes

Tweet dusk only the eagle can see –Terry Chitwood The orange sun reflects off the golden eagle’s eyes, turning the world into flame. Perfectly still, gliding on wings of silence, the eagle surveys his domain. Dusk descends . . . and so does the eagle with no prey in sight. The Big Picture Viewing the…

Zen Kernels, Insights for Traders: Eyes of Streaming Moonlight

Tweet a drop of moonlight ignites a silver flame in my heart –Terry Chitwood We all trade in the dark, never sure of making the right trade, the correct decision, or something better than an informed guess. Darkness surrounds the timing of a trade as well. Did we get in too soon . . ….

Zen Kernels, Insights for Traders: Garment of Mist

Tweet Fog slips off the ocean, onto my skin, creating a garment of mist. –Terry Chitwood Wearing a garment of mist allows you to slip between the market’s crevices, discovering rivulets of flow between the rocks (pivot points). Riding the rivulets (small fractal waves) to gradual increasing gains could be considered fractal surfing. As the…

Zen Kernels, Insights for Traders: Watering the Garden

Tweet in the morning sun, the haze melts in my mind . . . watering the garden. –Terry Chitwood Confusion, a swirling haze at dawn, obscures the market’s opening. Will the E-mini S&P 500 continue the overnight move on the GLOBEX, or will it continue the pattern off of yesterday’s close? Will the EUR/JPY or…

Zen Kernels, Insights for Traders: A Distant Whisper

Tweet the waterfall roars now— a faraway whisper –Terry Chitwood The market, sometimes a thunderous roar, drowns out all thought, paralyzing the mind into inaction. Churning in whitewater, the mind loses focus, struggling to regain its footing. As long as the mind is buffeted by external market forces, there can be no stability. Deeper Paradoxically,…

Zen Kernels, Insights for Traders: Weight

Tweet old wooden bridge creaks . . . in the wind –Terry Chitwood Traders get tired. The weight of trading the market becomes heavy, like Atlas shouldering a planet. Or trading becomes drudgery like Sisyphus repeatedly rolling a huge boulder up a hill and letting it roll back down. Again. And again. And again. ….

Wild Wisdom, Insights for Traders: Sun at Night

Tweet Sun at Night the black panther’s yellow eyes illumine the night –Terry Chitwood In the market, it’s always night. Uncertainty reigns. Trading patterns can’t be clearly seen … murky waves moving chaotically, changing speeds with abandon, shadows within shadows. Learning to navigate the night is essential in trading and in life. Open Your Eyes…

Wild Wisdom, Insights for Traders: Winter Storm

Tweet geese fly south chant a warning winter storm –Terry Chitwood Our instincts warn us of danger, keeping us safe from the perils that pursue us. Shadow: “Perils that pursue us? Are you paranoid, Terry?” Terry: “There’s a big difference between paranoia and awareness. In dreams, we must turn and face the pursuer before the…