This indicator will update every 30 minutes but when there is a news it will update every 30 seconds till it retrieve the actual value.
This is suitable for major currencies such EURO, JPY, GBP as well as AUD,CAD and CHF.

It will show you a forex clock and will provide you will all the information needed. It best to set buy limit and sell limit 20 pip each above and below the current price.
set the stop loss at 30 Pips and set your take profit between 40 - 80 pips depending on the related news. if the news is  very important you might want to
set higher take profits. 

Template are availale for download 

template and indicators:

http://rapidshare.com/files/169193057/Trading_News_www.optical.com.rar