From the moment Joseph Plazo took the TEDx floor, the crowd sensed they were about to be taken inside a part of trading very few retail traders understand—the controlled chaos of the New York Open.
Plazo stressed that the 9:30 AM open is where algorithms expose their intent—if you know how to read them.
Why the Open Isn’t Random
Plazo explained that the opening price isn’t chosen by humans—it’s determined by overnight liquidity distribution and pre-market order imbalance.
Where Most Traders Lose Immediately
According to Plazo, this is the “institutional collection website phase”—a predictable maneuver disguised as chaos.
The Plazo Principle: Wait for the Kill Shot
Plazo revealed that the first true signal comes when the market delivers a displacement candle—a powerful, directional move showing where smart money has chosen to go.
4. The NY Open Runs on Liquidity, Not Indicators
Plazo showed that indicators react too slowly for the opening volatility.
5. The Opening Range Strategy
Plazo explained that the opening 1-minute candle sets the “Opening Range,” which becomes the battlefield for the next 10–30 minutes.
What the Audience Never Expected
When the talk ended, the crowd understood something they’d never considered:
the New York Open isn’t chaotic—it’s engineered.
And if you learn the engineering, you learn the trade.
Joseph Plazo transformed the NY Open from a mystery into a map—one that traders can follow with confidence, discipline, and institutional logic.