You are here: Home » Blog

Welcome to the ‘Shares & Indices’ archive

Mr FT is a self-employed spread better. After 18 years in fund management he was given the choice of moving to London or .. not. ‘Not’ won out.

FT has been trading full time from home for two years, with nothing but four kids and a beach to distract him .

He fills his spare time with weight training and rugby, though more coaching than playing these days.

FT mostly trades the forex markets and although he plays FTSE on occasions his bread and butter market is £$.

He likes to think that his technique is evolving but still hasn’t the temperament or money to back the big calls. He prefers to trade between 1 and 3 times a day, aiming to take regular small gains, but feels part of the evolution is in not dealing if the conditions don’t feel right.
 Oops, I Sold It Again
Posted by FT on May 15, 2008
Category: Trade Diaries, Shares & Indices by FT Comment

To paraphrase Britney, when to fancy her was a sign of paedophilia rather than drunkenness, Oops I sold it again, I made up my mind and put my bet in. I’m now back to being short of a fiver on the FTSE and rather hoping for a sell off.


Mr FT is a self-employed spread better. After 18 years in fund management he was given the choice of moving to London or .. not. ‘Not’ won out.

FT has been trading full time from home for two years, with nothing but four kids and a beach to distract him .

He fills his spare time with weight training and rugby, though more coaching than playing these days.

FT mostly trades the forex markets and although he plays FTSE on occasions his bread and butter market is £$.

He likes to think that his technique is evolving but still hasn’t the temperament or money to back the big calls. He prefers to trade between 1 and 3 times a day, aiming to take regular small gains, but feels part of the evolution is in not dealing if the conditions don’t feel right.
 The UK Economy Is Sinking In The Brown Stuff
Posted by FT on May 14, 2008
Category: Trade Diaries, Shares & Indices by FT 3 Comments

Cor, what’s that horrible burning smell? It must be the remains of grilled chancellor from yesterday’s Newsnight programme. The voters of Crewe and Nantwich should feel flattered that they warrant a £2.7 billion tax giveaway, a Savings Bill, a Banking Bill and a Gordon Brown housing package.

Meanwhile the highlights of the Bank of England’s Quarterly Inflation Report read like a Stephen King horror story. The slowdown in growth is now expected to be more prolonged than previously thought. But with inflation expectations also higher than before there’s little room for interest rate cuts. Already several City analysts have changed their forecasts to expect no more rate cuts this year. That’s not what Gordon Brown wants to hear, especially if he’s investing taxpayers’ money in trying to support the housing market.


Garden Gnome spent many years as a small-cap fund manager before his need to to spend more time with his lettuces got the better of him.
GG now spends rainy days trading equities and currencies. He likes to use a combination of technical analysis and news flow to make trading decisions.
 Allied Irish Bank and British Airways
Posted by Garden Gnome on May 14, 2008
Category: Shares & Indices, Trades With Legs by Garden Gnome 2 Comments

Tin hat time again-certainly if you are an investor in the banking sector!

Hot on the heels of Bradford & Bingley’s emergency cash call on shareholders,


Mr FT is a self-employed spread better. After 18 years in fund management he was given the choice of moving to London or .. not. ‘Not’ won out.

FT has been trading full time from home for two years, with nothing but four kids and a beach to distract him .

He fills his spare time with weight training and rugby, though more coaching than playing these days.

FT mostly trades the forex markets and although he plays FTSE on occasions his bread and butter market is £$.

He likes to think that his technique is evolving but still hasn’t the temperament or money to back the big calls. He prefers to trade between 1 and 3 times a day, aiming to take regular small gains, but feels part of the evolution is in not dealing if the conditions don’t feel right.
 Profits Growing In The Sun
Posted by FT on May 13, 2008
Category: Trade Diaries, Shares & Indices, Currencies by FT 5 Comments

How lucky am I? A day of interrupted power supply has coincided with an uninterrupted hot sunny day. And better still, in the limited time at my desk I’ve made money. Wa hey!


Mr FT is a self-employed spread better. After 18 years in fund management he was given the choice of moving to London or .. not. ‘Not’ won out.

FT has been trading full time from home for two years, with nothing but four kids and a beach to distract him .

He fills his spare time with weight training and rugby, though more coaching than playing these days.

FT mostly trades the forex markets and although he plays FTSE on occasions his bread and butter market is £$.

He likes to think that his technique is evolving but still hasn’t the temperament or money to back the big calls. He prefers to trade between 1 and 3 times a day, aiming to take regular small gains, but feels part of the evolution is in not dealing if the conditions don’t feel right.
 The Good, The Bad And The Ironic
Posted by FT on May 12, 2008
Category: Trade Diaries, Shares & Indices, Currencies by FT 4 Comments

Hi folks,
Today’s blog has it all; the good, the bad and the flippin ironic. Trading today spanned the forex and equity markets and ended up with a small profit for my troubles.


Garden Gnome spent many years as a small-cap fund manager before his need to to spend more time with his lettuces got the better of him.
GG now spends rainy days trading equities and currencies. He likes to use a combination of technical analysis and news flow to make trading decisions.
 Premier Foods and Sainsbury
Posted by Garden Gnome on May 12, 2008
Category: Shares & Indices, Trades With Legs by Garden Gnome 2 Comments

Investors will be keen to see what progress is being made at Premier Foods on Tuesday after the group was forced to cut its dividend and announce a refinancing deal back in March.

Premier, (whose brands include Hovis, Mr Kipling cakes & Branston Pickle) has been hit hard


Mr FT is a self-employed spread better. After 18 years in fund management he was given the choice of moving to London or .. not. ‘Not’ won out.

FT has been trading full time from home for two years, with nothing but four kids and a beach to distract him .

He fills his spare time with weight training and rugby, though more coaching than playing these days.

FT mostly trades the forex markets and although he plays FTSE on occasions his bread and butter market is £$.

He likes to think that his technique is evolving but still hasn’t the temperament or money to back the big calls. He prefers to trade between 1 and 3 times a day, aiming to take regular small gains, but feels part of the evolution is in not dealing if the conditions don’t feel right.
 Another Bubbly Oil Day
Posted by FT on May 9, 2008
Category: Trade Diaries, Shares & Indices, Currencies, Oil, Gold & Commodities by FT Comment

Another day, another record high in oil. The latest of many scare stories is worrying about Chavez being named a terrorist and the US saying “No thanks” to Venezuelan oil (yeah right). Meanwhile, equities are getting a few reminders that perhaps all the bad news hasn’t gone yet.


Garden Gnome spent many years as a small-cap fund manager before his need to to spend more time with his lettuces got the better of him.
GG now spends rainy days trading equities and currencies. He likes to use a combination of technical analysis and news flow to make trading decisions.
 HSBC and Alliance & Leicester
Posted by Garden Gnome on May 9, 2008
Category: Shares & Indices, Trades With Legs by Garden Gnome 4 Comments

Another week, another round of banking updates!

Last week investors escaped relatively unscathed, but will they be so lucky again this week? Banking crisis-what crisis?

HSBC kick off the week


Garden Gnome spent many years as a small-cap fund manager before his need to to spend more time with his lettuces got the better of him.
GG now spends rainy days trading equities and currencies. He likes to use a combination of technical analysis and news flow to make trading decisions.
 Diageo and HMV
Posted by Garden Gnome on May 7, 2008
Category: Shares & Indices, Trades With Legs by Garden Gnome 2 Comments

Drinks giant Diageo is due to publish a trading update on Thursday.

Some people believe that sales of spirits is a good barometer of the global economy itself, so investors


Mr FT is a self-employed spread better. After 18 years in fund management he was given the choice of moving to London or .. not. ‘Not’ won out.

FT has been trading full time from home for two years, with nothing but four kids and a beach to distract him .

He fills his spare time with weight training and rugby, though more coaching than playing these days.

FT mostly trades the forex markets and although he plays FTSE on occasions his bread and butter market is £$.

He likes to think that his technique is evolving but still hasn’t the temperament or money to back the big calls. He prefers to trade between 1 and 3 times a day, aiming to take regular small gains, but feels part of the evolution is in not dealing if the conditions don’t feel right.
 Watching And Waiting
Posted by FT on May 6, 2008
Category: Trade Diaries, Shares & Indices, Currencies by FT Comment

Today’s been a thinking and watching day. After some of last week’s big moves I’m wary of jumping on the bandwagon. Equally, I’m not confident enough to go against the trend.


Related Links

Information

Paddy Power Products

Contact Paddy Power Trader


Tel UK: 08000 565 275
Tel Ireland: 1800 238 888
Tel World: 00353 14040120

Paddy Power Trader

* Tax law may change
** Promotional terms apply