you can sign up for free signals to trade the news from forex live on the news and from diamonds, i think they also post video on youtube…hope that helps
I tried trading news and felt it was too overwhelming. Sometimes, based on the news, you think the currency should go a certain direction and suddenly I decided to stick to my trading strategies i developed and has worked much much better (up 37% this month so far).
As for news provider, I still use Trade the News (tradethenews.com). I think i pay around $45/month, i like it.
Depending on the news event you will get slippage, especially if you trade a volatile news event and trade right then and there. so be careful!