SUGAR/USD on watch for me today.

SUGAR/USD:

• If price corrects and a tight flag forms, or it impulses down still further, it does so in a convincing manner and a subsequent tight flag forms, then I'll be looking to get short with a reduced risk entry on the break of the flag.

• If my entry requirements are not met then I will simply wait until another setup which meets my plan materialises.

• If there's any ambiguity then I will not place a trade on this pair.