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Hammer
Medlem sedan Jul 31, 2009
1444 inlägg
Oct 06, 2014 at 06:46
Medlem sedan Jul 31, 2009
1444 inlägg
Discuss the Hammer pattern here.
forex_trader_225338
Medlem sedan Jan 08, 2015
2 inlägg
Jan 12, 2015 at 15:59
Medlem sedan Jan 08, 2015
2 inlägg
A hammer is a very significant candle, I see it as an entry signal depending on the trend of the pair in question (only for uptrend though), if on the daily chart the trend is up, I always fancy entering a trade after a hammer on the daily, my stop will usually go underneath the hammer. I understand every trader is different and I'm happy to read anyone's view on this.
Medlem sedan Mar 16, 2021
477 inlägg
May 01, 2021 at 00:34
Medlem sedan Mar 16, 2021
477 inlägg
The hammer is usually seen when trying to change one trend and run another. Again the hammer can be seen from the swing point.
Medlem sedan Jul 20, 2020
399 inlägg
May 15, 2021 at 14:10
Medlem sedan Jul 20, 2020
399 inlägg
Ive always like this candle pattern. The logic behind it is sound. The pressure from either side of the market has to be respected
Medlem sedan Jan 22, 2021
125 inlägg
May 25, 2021 at 08:54
Medlem sedan Jan 22, 2021
125 inlägg
Hammers take the point when, there is long downtrend and generally, it is a bullish reversal candle but must confirmed with next candlestick pattern.
Medlem sedan Mar 16, 2021
477 inlägg
May 26, 2021 at 00:58
Medlem sedan Mar 16, 2021
477 inlägg
blackChelsea posted:Yes. The hammer provides the signal to create the swing point. And the role of the hammer in reversal is a lot.
Hammers take the point when, there is long downtrend and generally, it is a bullish reversal candle but must confirmed with next candlestick pattern.
Sep 15, 2021 at 00:31
Medlem sedan Mar 15, 2019
82 inlägg
Always a good opportunity to jump on Spotify and blast a bit of MC Hammer as you place the trade :D
All or nothing
Medlem sedan Jul 20, 2020
399 inlägg
Sep 22, 2021 at 06:54
Medlem sedan Jul 20, 2020
399 inlägg
It is definitely a solid indication but has to be a part of a much wider strategy. There is bias, market structure and timeframe of hammer too. But i definitely like it
Medlem sedan May 11, 2020
21 inlägg
Dec 02, 2021 at 14:05
Medlem sedan May 11, 2020
21 inlägg
In my opinion, hammer pattern greatly helps traders to determine the entry point. I always try to find whether bearish or bullish hammers in order to understand is it right time to enter the position or not. Of course, the vast majority of traders prefers to check the trends and support/level resistance, however I combine everything and I handle the task of finding a proper entry point. Moreover, sometimes you can determine the exit point due to hammers
So, I guess that it's a very universal pattern which should be learnt by novices.
So, I guess that it's a very universal pattern which should be learnt by novices.
Jan 20, 2022 at 17:34
Medlem sedan Jan 14, 2022
1 inlägg
Is this also called the pin candle sometime. Ie long downward wick and small candle at the top
Jan 19, 2023 at 15:41
Medlem sedan Jan 19, 2023
21 inlägg
How do you recognize the hammer? Like I know the candle pattern, but which timeframe should I be looking? in 1 minute you see loads of candle patterns that dont mean much in my opinion. Does it need to be on higher timeframe to be viable?
Medlem sedan Jan 31, 2023
21 inlägg
Feb 03, 2023 at 10:13
Medlem sedan Jan 31, 2023
21 inlägg
The hammer candlestick pattern is a reversal pattern found in technical analysis. It resembles a hammer and is considered a bullish reversal pattern. The pattern gives a trader an idea of the direction of price movement and its potential reversal.
Best Regards,
Dom
Best Regards,
Dom
Trade what you see not what you think
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