Registered User
Joined: 4/12/2010
Posts: 14
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I know that there is no set TSV formula for swing trading ( 1-10 days). Could you give me an idea as to what simple TSV averages to use over this time period? I am looking to hold a stock from 1-10 days. Any insight would be helpful. Thanks
MOPMAN
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Worden Trainer
Joined: 10/7/2004
Posts: 65,138
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The trainers can't give setting, interpretation or investment advice. I'll move this topic to the Stock and Market Talk forum so other traders will be more likely to see it and comment. You may wish to review the following:
Basic Info on BOP, TSV and MoneyStream
-Bruce
Personal Criteria Formulas
TC2000 Support Articles
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Registered User
Joined: 12/2/2004
Posts: 1,775
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QUOTE (mopman) I know that there is no set TSV formula for swing trading ( 1-10 days). Could you give me an idea as to what simple TSV averages to use over this time period? I am looking to hold a stock from 1-10 days. Any insight would be helpful. Thanks
MOPMAN
FWIW, one of the best lessons I've seen for TSV settings is per Martha Stokes, from her Worden Webinars (check archives) and other writings and videos on other sites including hers. Her two favorite TSV settings are 24 period and 18 period. The 18 day might suit you best for pure swing trading. She also likes to add a sub indicator directly to the TSV setting, usually ROC (rate of change). ROC 12 for TSV 24, ROC 7 for TSV 18. She does great job in showing how to read the indicators. In a nutshell the key is to watch for early divergence or separation of the two lines, which often is tipoff for price getting ready to move out of consolidation.
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