Quiet Overnight, Opportunity in New York

"The secret of trading is not being the smartest guy. It's being the most discipline one."

Overnight has been accumulating. New York can move this morning. When the market spends the Asia/London sessions consolidating like this, it often means liquidity hasn’t been taken yet and a larger move is still pending. Instead of distributing the move overnight, price builds up energy in a tighter range, leaving both highs and lows intact. That create…