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Hammer Pattern

Staff (Staff)
Oct 06 2014 at 06:46
1388 posts
Discuss the Hammer pattern here.

John E
Dbetrayed1 (Dbetrayed1)
Jan 12 2015 at 15:59
2 posts
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.

LukeRachel
May 01 at 00:34
98 posts
The hammer is usually seen when trying to change one trend and run another. Again the hammer can be seen from the swing point.

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