I would like to find some ideas on how folks trade the news. The USD took a Huge Hit today against the GBP within an orange day. Consumer optimism is being assumed by me and Chicago PMI were the culpurits.

I guess I am looking for the day to day regular you might have to ascertain your trading day and the manner news might impact it.

Specifically:

Resources
When a news announcement rocks the market, how long before it's safe
to trade again
Particular anouncements, besides non-farm citizenship, you might look at
etc., etc..

Thanks much.