i look around FF and see that there are many traders who still believe in news trading and still believe in putting buy and sell orders on either side of price before news and hoping to make money. I have worked at brokers and from personal experience, i can vouch that news trading doesnt work in the long run. Slippage and requotes will kill such strategies. If it works at a specific broker, it means that the broker is a market maker and will kill you sooner or later.