When you have a number of students to help, this exercise becomes a little easier. We then gathered key information about each candle, such as, the exact time of the day it occurred, noted any economic announcements that may have happened and the exact size and strength of the +60 pip trend etc. This supplied fantastic information regarding the time and events that made these candles occur. This alone was worth all the work.
We then took it so much further. We looked at all the trading signals that occurred just before the candle trend. We looked at the support and resistance levels that were in place to tell us why the candle started where it did and stopped where it did. More importantly we looked at the trading triggers (opposed to signals) that would activate a trade into the candle trend. The information again was incredible.
We found that 1 leading indicator gave a trading trigger in 90% of the time! Further there was only a handful of trading signals supporting these moves. (Trading signals give supporting evidence of a likely transaction - the Trigger is the event that activates the transaction)
So rather than complicating the process we found a simplified approach using conventional trading methods and found a simple trading trigger that applied to 90% of long candles.