The Power of Daily Open and Midnight Price In Smart Money trading, few levels are as precise and powerful as the daily open and midnight price. They serve as a compass for institutional bias, especially when combined with session killzones. Here's the logic: Daily Open (00:00 GMT) marks the “neutral line” — price often deviates above or below it before returning. If price stays above the daily open, the day often trends bullish. Below it = bearish tendency. Midnight open of the session (e.g. NY midnight) is used by algos for precise moves and liquidity grabs. How to trade it: Wait for price to sweep the midnight/daily open, then show a CHoCH → that’s your reversal signal. Add OBs or FVGs nearby for confluence. This is deadly accurate in NY session on EUR/USD and GBP/USD. Master these levels, and you’ll never trade without orientation again. It’s like trading with a true north.