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            Sir (By Shubesco )
                
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                            Biedrs kopš
                                     
                        
                        
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                    Nov 22, 2016 at 15:45
                                    
                
                    
                            
                                Biedrs kopš
                                 
                            
                            
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                        What is considered to be an acceptable draw down percentage?
                                                                                            
                                                            
                                    "the market, to be commanded, must be obeyed" Amos Hostetter
                                
                                                                        
                    
                        
                            Biedrs kopš
                                     
                        
                        
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                    Jan 04, 2017 at 07:19
                                    
                
                    
                            
                                Biedrs kopš
                                 
                            
                            
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                        EUR/USD attempting to break lower after the holidays, this might be what the market wants us to believe, or maybe not. Downside pip potential of 450, that is if downside persist. On the monthly chart there is a consolidation between 1,1727 & 1,0485. Price broke to downside on 3 January 2017 after news release of US manufacturing and construction numbers @ 10h00 NY time. Should price move further down the next probable target would be a price level that was formed in June 2002. 0.8249 is the low that was formed in October of 2000. The bearishness should continue if dollar strength increase further. 
                                                                                            
                                                            
                                    "the market, to be commanded, must be obeyed" Amos Hostetter
                                
                                                                         
        
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