Just take a look at the way that the market is trending or "leaning" on a very short time frame right before the news comes out. Most of the time it will take off in that direction, so get in right before the news with a reasonable stop and take your chances. The risk/reward is worth it if you know how to read it and where to place your stop. Chances are that the news is going to be known by certain people before it actually comes out, so the last-minute trades that occur before it happens can be attributed to those people getting in to take advantage of it. It works OK for me as a strategy most of the time...