NexusFi: Find Your Edge


Home Menu

 





A novel method to hone your chart reading skills


Discussion in Psychology and Money Management

Updated
      Top Posters
    1. looks_one Fat Tails with 2 posts (7 thanks)
    2. looks_two Zondor with 1 posts (5 thanks)
    3. looks_3 Quick Summary with 1 posts (0 thanks)
    4. looks_4 Anagami with 1 posts (2 thanks)
    1. trending_up 1,580 views
    2. thumb_up 14 thanks given
    3. group 3 followers
    1. forum 4 posts
    2. attach_file 0 attachments




 
Search this Thread

A novel method to hone your chart reading skills

  #1 (permalink)
 
Zondor's Avatar
 Zondor 
Portland Oregon, United States
 
Experience: Beginner
Platform: Ninjatrader®
Broker: CQG, Kinetick
Trading: Gameplay Klownbine® Trading of Globex
Posts: 1,333 since Jul 2009
Thanks Given: 1,246
Thanks Received: 2,731

Try watching this with great attentiveness and see if it does anything for you.

Bach, Passacaglia and Fugue in C minor, BWV 582 - YouTube

Follow me on Twitter Visit my NexusFi Trade Journal Started this thread Reply With Quote

Can you help answer these questions
from other members on NexusFi?
What broker to use for trading palladium futures
Commodities
Better Renko Gaps
The Elite Circle
REcommedations for programming help
Sierra Chart
ZombieSqueeze
Platforms and Indicators
NT7 Indicator Script Troubleshooting - Camarilla Pivots
NinjaTrader
 
Best Threads (Most Thanked)
in the last 7 days on NexusFi
Funded Trader platforms
32 thanks
Just another trading journal: PA, Wyckoff & Trends
23 thanks
Trading with Intuition
17 thanks
Self sabotage reframed
13 thanks
ApexTraderFunding.com experience and review
10 thanks
  #3 (permalink)
 
Fat Tails's Avatar
 Fat Tails 
Berlin, Europe
Market Wizard
 
Experience: Advanced
Platform: NinjaTrader, MultiCharts
Broker: Interactive Brokers
Trading: Keyboard
Posts: 9,888 since Mar 2010
Thanks Given: 4,242
Thanks Received: 27,103



Zondor View Post
Try watching this with great attentiveness and see if it does anything for you.

Bach, Passacaglia and Fugue in C minor, BWV 582 - YouTube

I love to listen to the music, and I understand the symmetry involved, but do not need any visualization. It even disturbs me. Also, the picture does not catch the harmonic relationships between the different tunes.

The fantasic thing about Bach's counterpoint compositions is that they represent a perfect dialogue between equally important voices. Not one voice is dominating the others, as is typical for the later classical compositions, but several voices are interwoven, each of them carrying its own message. The music represents the picture of a closed, harmonious system, where each element has its place.

Playing the fugues of Bach is still one of my favourite occupations. It liberates as much as any other form of meditation. It is not a cheap way to the liberty of mind, you need a grand piano to enjoy it.

This has nothing to do with markets. Markets are open, dynamic systems, and for me it has always a comical note, if people try to find symmetrical elements in the markets. Our brain is playing tricks on us, as we have successfully used symmetry in other fields to get rid of redundant information.

There is no square of nine, there are no harmonic ratios, there is no hidden geometry, there is no wave counting, there is no balance between ups and downs. The most funny pictures are those, where people draw circles on the chart that establish price time relationships. Those circles tell me something about the people who have drawn them, but nothing about the market.

Reply With Quote
  #4 (permalink)
 
Anagami's Avatar
 Anagami 
Bangkok, Thailand
Legendary Hedge Fund Trader
 
Experience: Master
Trading: ES
Posts: 978 since Dec 2010
Thanks Given: 707
Thanks Received: 2,301


Fat Tails View Post
I love to listen to the music, and I understand the symmetry involved, but do not need any visualization. It even disturbs me. Also, the picture does not catch the harmonic relationships between the different tunes.

The fantasic thing about Bach's counterpoint compositions is that they represent a perfect dialogue between equally important voices. Not one voice is dominating the others, as is typical for the later classical compositions, but several voices are interwoven, each of them carrying its own message. The music represents the picture of a closed, harmonious system, where each element has its place.

Playing the fugues of Bach is still one of my favourite occupations. It liberates as much as any other form of meditation. It is not a cheap way to the liberty of mind, you need a grand piano to enjoy it.

This has nothing to do with markets. Markets are open, dynamic systems, and for me it has always a comical note, if people try to find symmetrical elements in the markets. Our brain is playing tricks on us, as we have successfully used symmetry in other fields to get rid of redundant information.

There is no square of nine, there are no harmonic ratios, there is no hidden geometry, there is no wave counting, there is no balance between ups and downs. The most funny pictures are those, where people draw circles on the chart that establish price time relationships. Those circles tell me something about the people who have drawn them, but nothing about the market.

That's a very lucid commentary on Bach... and an amusing one on asymmetry of markets relative to patterns in musical compositions.

I loved listening to Bach... until I discovered Erik Satie's Gymnopedie No. 1 and have been addicted to it ever since. Not sure what you would say about it philosophically, but it's a beautiful piece of music... healing.

Everything truly beautiful liberates us, as it takes us beyond the limitations of the personal ego.

You are never in the wrong place... but sometimes you are in the right place looking at things in the wrong way.
Reply With Quote
Thanked by:
  #5 (permalink)
 
Fat Tails's Avatar
 Fat Tails 
Berlin, Europe
Market Wizard
 
Experience: Advanced
Platform: NinjaTrader, MultiCharts
Broker: Interactive Brokers
Trading: Keyboard
Posts: 9,888 since Mar 2010
Thanks Given: 4,242
Thanks Received: 27,103


Anagami View Post
That's a very lucid commentary on Bach... and an amusing one on asymmetry of markets relative to patterns in musical compositions.

I loved listening to Bach... until I discovered Erik Satie's Gymnopedie No. 1 and have been addicted to it ever since. Not sure what you would say about it philosophically, but it's a beautiful piece of music... healing.

Everything truly beautiful liberates us, as it takes us beyond the limitations of the personal ego.

The piece by Satie is a favourite of my wife. It does not appeal to me that much, but then I believe that everybody interprets music in a different way. Music is encrypted emotions, and there is no universal key available to decrypt it. Finally everybody uses an individual key

Reply With Quote




Last Updated on May 14, 2012


© 2024 NexusFi™, s.a., All Rights Reserved.
Av Ricardo J. Alfaro, Century Tower, Panama City, Panama, Ph: +507 833-9432 (Panama and Intl), +1 888-312-3001 (USA and Canada)
All information is for educational use only and is not investment advice. There is a substantial risk of loss in trading commodity futures, stocks, options and foreign exchange products. Past performance is not indicative of future results.
About Us - Contact Us - Site Rules, Acceptable Use, and Terms and Conditions - Privacy Policy - Downloads - Top
no new posts