1. Install yasnippet
2. Add something like this to your Emacs config:

(require 'django-html-mode)
(require 'django-mode)
(yas/load-directory "path-to/django-mode/snippets")
(add-to-list 'auto-mode-alist '("\\.djhtml$" . django-html-mode))

Move your cursor to a line that contains the thing you want to go and press C-x j. Django-mode supports jumping to:

• templates, eg. render_to_response('some.html') will open some.html. (it supports @render_to from annoying, classic render_to_response and the new 1.3 TemplateResponse)
• views (from urls.py), urls.py and views.py must be in the same directory (no global urls.py for all apps, it's a bad practice after all!)
• models, from Model.objects.* or Model(*), no support for get_object_or_404(Model* yet

Select a string you want to translate and press C-t. This works in both Python and templates.

Check out the Django menu :) BTW, default keybindings:

• C-c t runs tests
• C-c s runs syncdb
• C-c a creates an app (asking for a name first)
• C-c m asks you for a command to run