Great work Scorpion, I've been following your Calendar for a while now, especially on BoE Interest Rates, as I'm in the UK.
The idea to put an order in BEFORE the news is announced, is great.
A pair of "straddle" orders could be set up.
However, what I've noticed happening a lot - and it happened today with the BoE Interest Rate decision - is that just before the news, there will be a definite "nod" in the direction of trade, which i guess is the market-movers taking their position.
If you put an order in then, with relevant TP you should be ok.
The straddle order should save you if things go the other way too, and reverses your position.
So, I think the best thing is to trade only the recommended high-volatilty (red) news, especially US Employment Situation; but to practice "live" on a demo first, to get a feel for the way things move at news.
What do you guys think?
Can't wait till tomorrow's news. I'll keep practicing and let you know how it goes.