Cut a piece of wire seven inches long.
Hot glue the ends of a red and white strip of fabric to one end of the wire.
Start by twisting both the red and white fabric AWAY from the wire. In other words, the wire is on top in this photo, so twist down towards the bottom. As you do the next steps, keep twisting the fabric towards the bottom, the same way you did before.
Take the red piece of fabric and bring it to the top, over the wire. Next bring the white fabric to the top, over the wire.
Bring the red fabric under the wire, to the bottom. Then bring it back over the wire to the top again.
Bring the white fabric under the wire and to the bottom. Then bring the white fabric over the wire, to the top again.
Repeat steps 5 and 6 until you make it to the end of the wire. Trim off the excess fabric, and hot glue the end of the braid to the wire to secure it.
Bend the tip over to create a candy cane.