I've written a number of text scripts that I think will do what you want. The first two, Slide Left and Slide Right will move an event on the timeline one frame to the right or left each time the script is executed. The other two, Slip Left and Slip Right, keeps the event at the same position on the timeline but moves the offset one frame to the right or left each time the script is executed. If there's any interest, I'll make them available for download on the HappyOtterScripts website.
"Or, can't you just move cursor where you want and drag event to align on it?"
Of course you can, but nudging or sliding to move just a single frame becomes time-consuming and a real "pain". Try it. Much easier to select the event and do a simple button click or mouse click.
Thanks - I'll try the key mapping. But Ideally I would be able to use the arrow keys to nudge a selected event frame by frame. Right now the arrow keys move the cursor. In nearly 15 years of using Vegas I've never wanted to nudge/move the cursor in this way. But I often want to nudge an event frame by frame (lining up audio clips). My new laptop doesn't have a numeric keyboard function. Hence my post.
For about $20 bucks, you can get a numeric key pad for laptop, uses USB port. Small, like a calculator. Or, my personal recommendation, since those numeric Keypad functions are not so much called upon, the Contour Shuttle, mentioned above...the Jog wheel controller with programmable buttons is not to be scoffed at, a really valuable tool if you understand that it will do certain jobs nothing else will.