A Jackson hole script.

The price is currently at the SOB.

I don’t expect it to break without a drop first.

I believe that the algos are going to make the price up and down with every second sentence.

If the SOB breaks, there is 70-86 pips from yesterday’s low as a last leg up. The high is in the scope, up to 1.1194 nothing would be out of ordinary.

I have the most aggressive MF at the desk at the broker, he pushed up the spread to 120 points last night as a warmup, so I have no choice but to be fully hedged for this one.