Surprise, surprise! The US Federal Reserve surprised the market by leaving the Quantitative Easing program intact. Not only did the Fed Reserve not tamper with its QE program, but no schedule was set for any form of tapering in the immediate future.

As noted in the press conference statement, policymakers still had concerns over the economic outlook despite a steady recovery in job numbers, and there were also concerns that any form of restriction in the bond purchase program would lead to a loss of gains so far achieved in the economic recovery.

With this news, S&P 500 jumped to a record high, with stocks also gaining ground in the DJ30 and Nasdaq. Gold also jumped more than 300 points to its highest levels in a week, while the US Dollar slumped across board.

Binary Options Trades

What trade options would have been available to binary options traders? Usually many brokers would freeze platforms as orders streaming in a single direction would overwhelm their capacities to payout to such large volumes. Therefore, it is best to perform these trades accordingly:

a) Buy Gold: This would involve a Call option trade.
b) Sell US Dollar: Involves a Put option trade
c) Buy DJ30 and S&P500: Call options on both assets.
d) Buy Nikkei 225: A call option on this asset

These trades should be setup after a little profit taking retracement has occurred, following the Fibonacci retracement trading system. The trade on the Nikkei 225 can be taken immediately as this asset is yet to significantly react to the news due to its after-hours release.

In addition to the trades mentioned above, it is likely that price barriers beyond the take-off points of the price movements following the news release would be taken out, so setting Touch option trades and No Touch option trades (in the opposite direction) would also be viable options to take.