I realised with the last FED interest rate decision that the trend was bearish before the news was released, and immediately after this news release the rates changed bullish. Also, before last NFP release the trend had been bearish, and after the news release the trend turned bullish taking some of the losses back. So the news release was not any guarantee of the continuity of the trend.
The same happened with the USDCHF, at first bearish for at least last 24 hours, and then a strong bullish move, not immediately after the FED interest rate decision.
Being wiser now, I would not place orders in a time window of 1 hour before, and after an important news release - at least wait for the whipsawing ending.
At the moment of the news release I would not take any action, but wait until the whipsawing has been ended. and a clear direction has been established. Of course that can mean, that the trader is going to completely miss the move, which in USDCHF's case happened within ten minutes.
This was my suggestion, and I would like to read others commenting, too!