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By: Adam Stone
April 30th 2014 6:10am GMT, London UK
Binary options trading restarts the day with a solid vibe of positive outlooks. The US stock indices held up against some pressure and closed the day higher. The US stock markets headed higher again and it looks as though we are finally getting some heat towards the tail end of the earnings season. Lots of good news sputtered in to the equity markets over the last few days with major tech stocks showing some great results for quarter one. But at the moment, the real news is that markets are not quite as fazed by the geopolitical situation as previously expected. Last week, it looked to us and most analysts, that issues surrounding the Ukraine, mid-East, and China would all drag the financial markets into oblivion. But it was not to be and this is a great thing for binary options traders who tend to buy into strong uptrends on equities.

The markets today will likely look to build on this momentum as the Asian markets were rather mixed. The lack of conviction in the Asian markets should not fool you though. The Japanese Nikkei headed higher again today but only in marginal terms. The index rose 0.27% to 14326. After dumping nearly 2000 points in the last month or so, it is difficult to regard this move higher as anything other than a minor correction as the index continues to lose altitude. For binary options traders, the problem with the index is complex. It’s been unable to get any traction due to an incredible amount of financial misery associated with the Far East these days. The Bank of Japan has made no change to policy, although none was expected. Nonetheless, the markets are constantly in search for change and progress of the economy. The Nikkei, as mentioned above, held its ground despite the lack of change to policy, however other Asian indices dropped.

Today, the US’s own central bank, the Federal Reserve, will be providing a glimpse into their own thinking on the economy and whether to continue tapering the stimulus being pumped into the markets. After the GDP is released today, the connection between their decision making and the results themselves will lead investors and traders alike to make proper moves in the market.

For binary options traders today, it’s going to be hard to latch on to trends so stick to short term trading and smaller positions. Keep in mind that any trade can be countered with hedges using the forex trading platform. For more information on this please check out this page: http://www.goptions.com/forex-trading where you’ll learn precisely how to take advantage of this new feature today.

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Adam Stone
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Adam Stone

As COO of GOptions, my first and foremost goal is to provide traders with the most up to date info from the markets. I have been trading the markets since 2004 and have been involved with stocks, binary options, and forex trading since then. I have had no formal market education and pride myself on a self taught approach to everything related to trading. I try to focus though on both the technical and fundamental aspects related to each trading day and bring forward the most important aspects of risk/reward in the market.
Adam Stone
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