Price Action, 21 EMA, Second Entry

Day trade S&P 500 E-mini futures with this price action strategy. Learn to spot high-probability second entry setups at the 21 EMA on a 2000 tick chart, focusin

Published · Updated · Methodology: Price Action

  • Methodology: Price Action
  • Content type: strategy
  • Timeframes: 2000 tick chart, Higher time frame (mentioned as supportive)
  • Markets: S&P 500 ES Futures

Indicators used

  • 21 bar EMA
  • Price Action

Source video

Decoded from: Price Action Rules For Day Trading by Thomas Wade — watch the original

Key timestamps:

  • 0:00 - Introduction to Price Action
  • 0:25 - Overshoot and expected pullback
  • 0:45 - Expecting new high after downtrend plays out
  • 1:00 - Second entry long at the EMA
  • 1:30 - Congestion and break new high
  • 2:10 - Not taking trades without a proven channel
  • 2:50 - Second entry long context
  • 3:40 - Price action represents human behavior
  • 4:00 - Decisive push below EMA, drawing new downtrend
  • 4:30 - Second entry short context
  • 5:00 - Weak bar, far from EMA, cannot take trade
  • 5:40 - Decent second entry short at EMA
  • 6:50 - Losing trade example, context for bears
  • 7:20 - A+ trade conditions

Topics

price action strategy · trading strategy · tradingview strategy · es futures · s&p 500 trading strategy · day trading · second entry · ema strategy · 21 ema · tick chart strategy · futures trading · market structure · trend trading

About this strategy page

This trading strategy was decoded by Strategy Decoder's AI from a public YouTube trading video and turned into a structured, reviewable specification. In the interactive app this page shows the full entry and exit logic, risk management settings, the indicators involved with their parameters, AlgoWizard-compatible logic and a Pine Script export ready for TradingView backtesting — plus an automated backtest verdict when one has been computed for this strategy.

Strategy Decoder catalogs 2,298 decoded strategies. Each one is extracted with confidence scoring, cross-linked to the indicators it uses, and kept up to date as new videos are processed daily. Load this page with JavaScript enabled to use the interactive tools, or start from the strategy explorer to filter by methodology, market and timeframe.

More decoded strategies