my path
The term "my path" refers to the course or direction of one's life. In Hebrew, the word "derek" is used, which can mean a road, journey, or way of life. This indicates that God is aware of not just our physical movements but also the moral and spiritual direction we take. Historically, paths were significant in biblical times as they represented the journey of life, often fraught with challenges and decisions. From a conservative Christian viewpoint, this underscores the belief that God is sovereign over our life's journey, guiding and directing us according to His will.

and my lying down
The phrase "and my lying down" suggests God's knowledge of our rest and vulnerability. The Hebrew word "rābats" is used here, which means to lie down or rest. This can be seen as a metaphor for the times when we are at our most defenseless and unguarded. In the ancient Near Eastern context, lying down was a time of vulnerability, yet the psalmist finds comfort in God's watchful presence. For conservative Christians, this emphasizes God's protective nature and His constant care, even in our most unguarded moments.

You are aware
"You are aware" speaks to God's comprehensive understanding and awareness. The Hebrew root "sāḵan" implies being acquainted with or having intimate knowledge of something. This suggests a deep, personal awareness that goes beyond mere observation. In the scriptural context, this awareness is not passive but active, indicating God's involvement in every aspect of our lives. From a conservative Christian perspective, this reinforces the belief in God's omnipresence and His intimate relationship with His creation.

of all my ways
The phrase "of all my ways" encompasses the entirety of one's actions, behaviors, and life choices. The Hebrew word "derek" is again used here, emphasizing the comprehensive nature of God's knowledge. In biblical times, "ways" often referred to one's conduct and moral choices. This highlights the belief that nothing is hidden from God, and He is aware of every aspect of our lives. For conservative Christians, this serves as both a comfort and a call to live righteously, knowing that God is fully aware of our actions and intentions.

A most plausible suggestion connects the verb with z-r, to lodge, which makes a perfect parallelism with the verb to dwell, in the next clause. Literally,

About my path and bed thou art a guest,

In all my ways thou dwellest;

i.e., art as familiar with all my life as one inhabiting the same house could be.

My path.--Literally, my going. . . .