United Kingdom
Age 49
Trading strategy
A fusion of Fundamental, Technical and Sentimental Analysis. The Fundamental Analysis provides the long-term bias whilst the Technical Analysis provides achievable entry/exit targets and incorporating a Sentimental Analysis resulting in understandable & actionable trade ideas with an acceptable risk/reward strategy. Our daily trade ideas cover over 30 markets and are available at www.pia-first.co.uk.
Biography
Steve has 30 years trading experience in Commodities, Equity and Fixed Income markets, in both research and trading. He started in 1986 with GAFTA on the Baltic Exchange. Then moved into various trading roles in Commodities before working in a number of senior positions in high profile trading firms on LIFFE. From 1995, he traded his own account, specializing in European Fixed and ran his own proprietary trading group for over 11 years. He joined PIA-First from Gelber Group LLP, where he traded a managed account and also provided Fixed Income, Equity, Commodity and FX trade ideas for the group. Steve is a member of the Society of Technical Analysts.
Follow me on

Disclaimer

The Saxo Bank Group entities each provide execution-only service and access to Tradingfloor.com permitting a person to view and/or use content available on or via the website is not intended to and does not change or expand on this. Such access and use are at all times subject to (i) The Terms of Use; (ii) Full Disclaimer; (iii) The Risk Warning; (iv) the Rules of Engagement and (v) Notices applying to Tradingfloor.com and/or its content in addition (where relevant) to the terms governing the use of hyperlinks on the website of a member of the Saxo Bank Group by which access to Tradingfloor.com is gained. Such content is therefore provided as no more than information. In particular no advice is intended to be provided or to be relied on as provided nor endorsed by any Saxo Bank Group entity; nor is it to be construed as solicitation or an incentive provided to subscribe for or sell or purchase any financial instrument. All trading or investments you make must be pursuant to your own unprompted and informed self-directed decision. As such no Saxo Bank Group entity will have or be liable for any losses that you may sustain as a result of any investment decision made in reliance on information which is available on Tradingfloor.com or as a result of the use of the Tradingfloor.com. Orders given and trades effected are deemed intended to be given or effected for the account of the customer with the Saxo Bank Group entity operating in the jurisdiction in which the customer resides and/or with whom the customer opened and maintains his/her trading account. When trading through Tradingfloor.com your contracting Saxo Bank Group entity will be the counterparty to any trading entered into by you. Tradingfloor.com does not contain (and should not be construed as containing) financial, investment, tax or trading advice or advice of any sort offered, recommended or endorsed by Saxo Bank Group and should not be construed as a record of ourtrading prices, or as an offer, incentive or solicitation for the subscription, sale or purchase in any financial instrument. To the extent that any content is construed as investment research, you must note and accept that the content was not intended to and has not been prepared in accordance with legal requirements designed to promote the independence of investment research and as such, would be considered as a marketing communication under relevant laws. Please read our disclaimers:
- Notification on Non-Independent Invetment Research
- Full disclaimer

736 Followers
Write a Squawk to Steve O'Hare - First 4 Trading
  • Squawk / 11 hours ago
    Director / PIA First
    United Kingdom
    Crude Oil - Intraday - We look to Sell at 44.50 (stop at 45.00)

    Price action continues within the long-term bearish trend channel. 3 consecutive positive sessions have been posted. Trend line resistance is located at 43.65. The move higher is mixed and volatile, common in corrective sequences. The reaction higher is positive, however, we view this as an opportunity to set shorts in line with the overall bearish move lower. Preferred trade is to sell into rallies.
    Our profit targets will be 43.00 and 42.10

    Resistance: 43.65 / 44.50 / 45.00
    Support: 43.00 / 42.10 / 41.00
    Read the Squawk
  • Squawk / 11 hours ago
    Director / PIA First
    United Kingdom
    EURJPY - Intraday - We look to Buy at 124.20 (stop at 123.80)

    Posted Mixed Daily results for the last 6 days. Spikes (rejections) can be seen in both directions highlighting indecision. Bias is mildly bullish today but we need to see a break of 124.70 to confirm the upward pressure. Further upside is expected although we prefer to set longs at our bespoke support levels at 124.20, resulting in improved risk/reward.
    Our profit targets will be 125.30 and 125.80

    Resistance: 124.20 / 125.30 / 125.80
    Support: 124.20 / 123.65 / 123.10
    Read the Squawk
    9h
    ashrafj1 ashrafj1
    very fast
    9h
    h.alfayyad h.alfayyad
    Still far away from entry point
  • Squawk / 11 hours ago
    Director / PIA First
    United Kingdom
    USDCAD - Intraday - We look to Buy at 1.3210 (stop at 1.3170)

    Price action has posted a bullish inverted hammer and is positive for short-term sentiment. Price action is forming a bearish flag which has a bias to break to the downside. With our medium term bias looking to fade gains and the short term bias indicating buying interest we are faced with mixed signals. Immediate signals are hard to interpret. Preferred trade is to buy on dips.
    Our profit targets will be 1.3340 and 1.3400

    Resistance: 1.3340 / 1.3400 / 1.3450
    Support: 1.3207 / 1.3170 / 1.3150
    Read the Squawk
  • Squawk / 11 hours ago
    Director / PIA First
    United Kingdom
    EURUSD - Intraday - We look to Buy at 1.1160 (stop at 1.1120)

    Remains bullish while above last week’s low. Little net movement overnight. Posted Mixed Daily results for the last 8 days. There is no clear indication that the upward move is coming to an end. Preferred trade is to buy on dips.
    Our profit targets will be 1.1240 and 1.1290

    Resistance: 1.1212 / 1.1246 / 1.1295
    Support: 1.1160 / 1.1120 / 1.1100
    Read the Squawk
  • Squawk / Friday at 6:47 GMT
    Director / PIA First
    United Kingdom
    Can FTSE post yet another Friday recovery?

    Ftse Index - Intraday - We look to Buy at 7420 (stop at 7380)

    Prices have continued the bearish move lower and resulted in 3 consecutive negative days. Following yesterday's doji the overall trend has stalled and a reversal is possible. Selloff stalled at the daily Ichimoku Cloud. Although the bears are in control, the stalling negative momentum indicates a possible turnaround is possible. Further upside is expected and we look to set longs in early trade.
    Our profit targets will be 7480 and 7500

    Resistance: 7480 / 7500 / 7550
    Support: 7420 / 7400 / 7385
    Read the Squawk
    3d
    Yarvy Yarvy
    Hi Steve, thanks for the new intraday posts. It seems like 7430 is a top for today, no?
    3d
    Steve O'Hare - First 4 Trading Steve O'Hare - First 4 Trading
    Hi Yarvy. Over the last 2 weeks we have seen short covering dominate Friday price action and this is the basis of my trade idea today. A...
    3d
    Yarvy Yarvy
    Thanks!
  • 3d
    Morris Morris
    Hi! Steve what rock is this I have never seen it before? I have seen various types of gold reef formations. But coming to analysis I am...
    3d
    Steve O'Hare - First 4 Trading Steve O'Hare - First 4 Trading
    Haha, yes its a strange rock formation unlike any other :).
    However, it is very much shaped by a paper bill called the dollar! Good luck!
  • Squawk / Wednesday at 7:15 GMT
    Silver - Intraday - We look to Buy a break of 1655 (stop at 1640)

    Levels close to the 78.6% pullback level of 1640 found buyers. A Doji style candle has been posted from the base. Although the bears are in control, the stalling negative momentum indicates a possible turnaround is possible. The move lower is mixed and volatile, common in corrective sequences. This has resulted in mixed signals and we prefer to trade a break.
    Our profit targets will be 1680 and 1700

    Resistance: 1655 / 1665 / 1680
    Support: 1640 / 1630 / 1615
    Read the Squawk
    5d
    Munesh Munesh
    :) so i will be wait and will close deal in half loss
    5d
    Munesh Munesh
    i have lost money
  • Squawk / Wednesday at 7:13 GMT
    Ftse Index - Intraday - We look to Sell at 7480 (stop at 7510)

    Posted a Bearish Outside candle on the Daily chart. A break of 7450 is needed to confirm follow through negative momentum. Further downside is expected although we prefer to set shorts at our bespoke resistance levels at 7480, resulting in improved risk/reward.
    Our profit targets will be 7430 and 7385

    Resistance: 7480 / 7500 / 7550
    Support: 7450 / 7430 / 7385
    Read the Squawk
    5d
    MSN28 MSN28
    Steve, hi. It seems to be going down and broke the support at 74.50. Do you think it is a good entry to short or a counter...
    5d
    Steve O'Hare - First 4 Trading Steve O'Hare - First 4 Trading
    Prices seem to be finding support around 7450 still. I would be happy to wait to sell into the rally
  • 6d
    Andrew Perkins Andrew Perkins
    Gold coast for boxing day
    6d
    usxau usxau
    Great still have my old folks in SYD! :)
    5d
    Andrew Perkins Andrew Perkins
    After a flat days trading a nice cycle ride to make the day better .closed AUDUSD breakeven still long EURJPY happy sweaty evening
  • Squawk / Tuesday at 6:00 GMT
    Director / PIA First
    United Kingdom
    CAC 40 - Intraday - We look to Buy at 5300 (stop at 5275)

    A Morning Star formation has been posted at the low. The reaction higher is positive and highlights a clear reversal. Previous resistance level of 5320 broken. Signals are mixed but remain mildly bullish with a short-term timeframe highlighting an exhaustion count. Preferred trade is to buy on dips.
    Our profit targets will be 5340 and 5370

    Resistance: 5340 / 5370 / 5400
    Support: 5300 / 5280 / 5260
    Read the Squawk
Check your inbox for a mail from us to fully activate your profile. No mail? Have us re-send your verification mail