Ok, well this was public I guess. Here for posterity. This was a demonstration of using Fibonacci retracement tool to calcuate stop losses.
Basically the method I use is to use the tool with the 0 line on your entry level, then move the 1 line to each new high. Depending on how tight you want your stop loss/take profit, you can use the .786, .618 or .5 as a trailing stop. I have found that the .5 works best for bitcoin 15min.
Basically the method I use is to use the tool with the 0 line on your entry level, then move the 1 line to each new high. Depending on how tight you want your stop loss/take profit, you can use the .786, .618 or .5 as a trailing stop. I have found that the .5 works best for bitcoin 15min.