-red or white cotton yarn
-crochet hook (I used size 3,5mm but use what is appropriate for the yarn you use)
Picot: The picot stitch is basically a chain of 3 where you sl st in the first ch of the 3chain. Here is a tutorial with pictures on how to make a picot.
ch6 join with a sl st in first ch to form a ring
Round 1: ch2, in the ring 2hdc, ch1 [3hdc, ch1] repeat 3 more times. Join with sl st in second ch in the beginning of the round. Don't turn. Sl st 2 and sl st in the hole between the 3hds groups.
Round 2: ch2, 2hdc in the same space as the last sl st from last round, ch2, 3hdc in the same space [in next space 3hdc, ch2, 3hdc in the same space] repeat 3 more times. Sl st 2 and sl st in the hole in between the 3hdc groups (pointy part of the poinsettia)
Round 3: ch3, 2dc, picot, 3dc in the same space, sc 1 in next space [ in next space, 3dc, picot, 3dc in the same space, sc 1 in next space] repeat three more times. End with a sl st.
Weave in ends and attach a ribbon or a piece of yarn to hang your poinsettia from.