Is there a list here or elsewhere of news events not to trade or to be wary of? I trade NY and there is always news at 8est. How long after a news even should one wait to trade?
Yes I know babypips has the dot system in their news feed. Would you not trade any 3 dot news event or wait an hour or two after allowing volume to slow ect?
I would like to know this as well - does anyone here have the answer?
There is no hard and fast rule for waiting to trade. Some say, 1 hour while some say 10 minutes or 15 minutes.
Im not sure, but I have a feeling there is no certain time to determine when and when not to 
depends on what your comfortable with and also how fast your usual trade resolves. I figure be out by 10 minutes before and after. Then if you are going to trade that time make sure you are using a news based strategy. If your normal trade resolves in an hour the latest you can get in is 1h 10min before news. if it doesn’t close by then close it manually no matter where you are in the trade. But i think price action is actually a better indicator, when it stops acting “wacky” thats when its time to get back in. you will start to notice when the pair is still acting like its in "news mode’ and when the market “settles” you have no idea how long people are going to be doing that type of stuff so time is not a real factor. Use your best judgement but a baseline would be 10-15 min