Trader Dale Volume Profile

Price Action
Sideways price action is a very significant place on all timeframes. It doesn't matter if you use
a 1-minute chart, 30-minute chart, daily chart or a weekly chart. The logic is always the same,
and that‘s why it works so well with all timeframes.
I analyze charts most often on the 30-minute timeframe (intraday trades) and daily timeframe
(swing trades).
Summary: Look for sideways price action areas. Those are very significant places because
institutions are accumulating their positions there. Always watch for such areas, no matter
which timeframe you use.
Aggressive initiation activity
Aggressive initiation activity is basically a significant price
movement or a trend. It is caused by aggressive buyers pushing
the price higher or by aggressive sellers who are pushing the
price lower. This sort of aggressive buying or selling often takes
place after sideways price action activity. What happens is that
big institutions are building up their positions (in sideways
areas), and when they are done with that, they start aggressive
buying or selling to manipulate and to move the price in any
direction they want. This is how they make money. They build up
their positions slowly and unnoticed, and then they start a trend
to make those positions profitable.
Strong uptrend after
a sideways price
action area indicates
that big institutions
were accumulating
their long positions
there.
When the price is moving in a fast trend, there isn't much time to place any more big positions.
For this reason, the institutions need to accumulate their positions before the move.
Below are two typical examples of sideways price action areas followed by aggressive
initiation activity:
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