One day you will please explain the carry trade to me.
As I mentioned in a rant earlier tonight, we look at so many factors, its' almost impossible to make a determination / correlation re POG.
A s I once said, I studied with Steve Nison for weeks in WTC, NY, Aug 2001 (lucky, heh?)...As a prelude, he said look at currencies, how can you (anyone) possibly take into account all the factors that determine the currency of a nation, and listed several. No human could grasp all this. Hence the importance of TA, for him. I doubt currency traders look at as many economic indicators as we do.....
As for candles "why bother studying them"? He was humble, and said "if only because everyone else is...."