how to trade with the news

hello people, i'm kinda new to forex and there's something i need to understand.

i'm talking about economic indicators. so here's what i don't get. if an new comes up say...

Retail Sales m/m
actual:-0.6%
forecast:-0.3%
previous:0.1%

at this news, what do i do... sell or buy? and how do i know if to go long or short on other economic indicators like theses???

1. Look at chart
2. Find trend
3. Trade with trend
4. Ignore news

Hi Phil

You are one of my favorite posters. I just wish you wouldn't be so verbose in all your posts....They are so long and hard to understand.

Good to see you here

.
Jacko