There are 2 other ways [that I know] to trade through an...

There are 2 other ways [that I know] to trade through an announcement if you have a position in the market:
1. Remove your Stop Loss order, but keep your Limit Order.
2. Remove your Stop Loss and Limit Orders,
and place a [Force Open] Hedging Order at your Stop Loss Level [in the opposite direction to your position].
Remove the Hedge Order 'when the dust settles',
and you are absolutely certain of the market direction.
If the trend reverses, keep the Hedge Order and close the original Order.

[I will remove my Stop Loss Order,
and keep my Limit order before FOMC ann.]
Long AU at 9977, Limit 1.0075]
Cheers,
U2