Candlestick Charting 

Hammer and Hanging Man Chart Patterns


The Hammer and also Hanging Male patterns go hand in hand and represent a favorable and bearish signal.

In this video clip trading expert David Jones damages them down as well as shows us exactly how to identify them on the graph, just how to analyze their appearance as well as what to look out for before making a trading decision.

At Trading 212 we supply an implementation only service. This video clip needs to not be understood as investment recommendations. Investments can drop and climb. Resources at risk. CFDs are greater threat because of take advantage of.

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26 Thoughts to “Hammer and Hanging Man Chart Patterns”

  1. DubstepDinosaurs

    Appreciate your videos. I like the 3 monitor setup and the office vibe there.

  2. celz olsen

    This makes so much sense. I’ve tried using the hanging man especially (over the hammer) and it has not been very accurate at all. Thanks for verifying my thoughts on the hanging scam. 🙂

  3. gambo hassan

    Thank you for the video you the best

  4. TutorialGamer

    IMO an inverted hammer at resistance makes much more sense than a hanging man.

    1. David Jones

      I would definitely agree with you on that.

    2. Cosmopolitan Mind

      If I’m not wrong, an Inverted hammer at the top of a uptrend or at resistance level called a shooting star.

  5. Geeza 1589

    Thanks for another great video. I’ll go and check out the engulfing patterns now 👍

  6. JOKBO1

    Hello Mr.Jones. You once said that sometimes it’s better to simply look at the price action and don’t get into a indicators overload. Having said that, which indicators and patterns are your favorite when trading? Which ones do you find being the most helpful in your trades?
    Thank you.

    1. David Jones

      Hi, you are right that for me it is mainly about the price. But I will look at candlestick patterns like engulfing and RSI divergence now and again.

    2. JOKBO1

      Thanks for the reply. I actually ended up looking at those as well plus the MACD. Engulfing candlesticks are a really good pattern when I’m trading in the short(ish) term

  7. Rebecca M

    Always look forward to your videos, helpful as always. Thank you so much.

  8. Air Elegant

    This is my favourite hammer.

  9. Yusuf RAMDANE

    Thank You very much for all the GREAT Effort you are making, hope you GREAT Sucess

  10. Arwin Torrecampo

    Hi, can this be also apply with 1day charting? Thank you.

    1. David Jones

      Sure – although on shorter term charts, like most things, the signals will arguably not be as reliable.

  11. Steve Jones

    Thank you for the update.

  12. luca toni

    what about when they are inverted?

  13. Minini Genovesi

    Guys I’d love if you make a video on gdx (on which i am invested), the most undervalued sector worldwide. And mostly on the last week’s movement, that myself being an ignorant person, i thought it as a sort of washout, or not?

  14. Ronald Bills

    Mr Jones, I am in Guam, have been trading but not real successful, you fill in all the gaps of questions that have gone unanswered. I do have a question. What are some of the lengths of your trade, do some of them go for the week, over the weekend and also possible much longer, from your explanations it would appear that some trades go for an extended time frame. Also when you take your trade, do you base the trade of the 15 min, 30 min, hour, daily, weekly etc. I really enjoy all of this and want to be a very successful trader. You do a great classy job. Also do you recommend any particular brokers to use? Thanks

    1. David Jones

      Hi Ronald thanks for the question. I tend to look at hourly and daily and not really much shorter. I have trades that run for weeks and some for a few days. The most important thing for me is where does the stop loss go – which is why I look at the higher time frame stuff, I do not want to get taken out in the noise of a 5 minute chart.

      As the part of the world you are in is a USA territory, I am not sure what broker to use as the rules are very different unfortunately – you can’t use Trading 212 for example. Sorry I can’t help with that one.

  15. PRABHU Anandan

    your videos(teaching) was really helpfull thankyou sir

  16. princessgirl50

    Thanks for telling us at the end about making sure the bell is clicked to get notifications. I didnt know that. 🙂

  17. ïWreckedGaming !!!

    The hanging man when I follow it to a t usually works out still doesn’t work out every time but if your using just hanging man and hammer you don’t need to be in The markets

  18. TenTonNuke

    Instead of learning all the names of indicators, I’ve always just imagined the chart turned 90 degrees and seen the color bar as the bubble in a level or a weight on a rod. When the weight slides all the way to the end of the rod, it moves the whole thing toward the “left” or “right.” That’s hard to explain and easier to just visualize.

  19. Kaust Shroff

    You are without a doubt one of the best YouTubers regarding Forex trading. I truly appreciate your videos, as I am so new to this profession.

  20. Muhammadreza Gholami

    i loved it pretty much and i’ve found it really simple to understand. on minute 7 in the video 0.5 fab there is a red candle which is kinda like the hammer, is that it?

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