Trading 101

Trend

Have a higher time frame definition of trend, whatever works for you. It could be MACD cross, a moving average cross, price above or below a moving average, a candle pattern etc etc etc.
 
Have a look at this euraud D chart. I look for the 3-7 day turns in the market that result in a move above or below the 8lwma or RSI cross. That's my general trend definition.

Taking it one step further. The x's mark weak candles that cannot cause a cross of the 8lwma or RSI. Could they be the start of a counter trend move, sure. Just as likely they are a pause before continuation of the trend. I have also added support/resistance levels for proven turns in the market. Could you at times get a better entry than waiting for the 8lwma to cross, of course yes. Most often though the 3-7 days turn will play out before a new trend forms.

Whys that? Well the big boys can't dump all their orders onto the market at once, they wouldn't get filled. It takes some time to turn a big ship around.

Lower time frame entry into trend

Once the D trend has shown itself in terms of your trade definition (e.g. D 3-7 day turn that switches price across the 8lwma, MACD cross, RSI above or below 50 level) there are normally many opportunities to enter from lower time frames before the next trend forms. For example buying 1hr dips in uptrend, selling 1hr rallies in down trend.

So if you have a view that from 21 Nov the D chart is suggesting an uptrend and therefore its buy only, then the issue is on what basis will I buy? You could use an oscillator going over sold, retrace below then move above a moving average, candle patterns from a pivot/round number/fib or some kind of price action like an engulfing close on a lower time frame like the 1hr chart. That's up to each trader but its a lot easier to have a view of the trend and trade in that direction than trying (but inevitably failing) to capture each move in the market.

 

Summary

Have some definition of higher time frame trend. Then look for an entry signal from a lower time frame. Then research that they work, the majority of the time. Buying dips in an uptrend and selling rallies in a down trend is a trading basic that will not change.