Do you set stop entry orders before the information at your desired level or you enter in the market?

Assuming you put entrance ceases, how are you currently orders treated if the market gaps by 20-30 pips?

This whole news thing is one of the few things I'm not getting about FOREX.

By way of example, today I had a brief signal on EURUSD with entrance @ about 2640.

Prices ranged before trade balance announcement, therefore at 8am I removed my stop entries and waited for the information to emerge.

My principle is I only participate to information statements if my order gets stuffed at least 30 minutes prior to the information. If I'm not in the market by then, I will wait another 15-30 mins following the news and wait for volatility to settle down.

By doing this, I capitalized on many opportunities made by news statements and exploit new routines made by high volatility.

But its pretty fruing to sit here and watch the buck make new highs when I had a brief signal...

I dont mean to be too conservative, but that I feel like trading under information is pure speculative trading which doesnt require tech analysis at all.