Matt-The-Trading-Cartel

Matt-The-Trading-Cartel Jan 2, 2020

Price has given us a very nice impulse out of a corrective ascending channel. This was forecast in a previous post. All we need now is clean continuation within the previous high and current low and i will be entering this position with 2 trades one to manage aggressively and one to hopefully hold for the larger move to the downside.

Matt-The-Trading-Cartel Jan 1, 2020

The structure on AU is still very promising for a decent move to the downside. Just like i talked about in my last forecast however price has continued to trickle up and never presented a clean pattern in the key area so i will not be trying to call the top on this pair. Looking for a clean impulse down then counter trend move to get in and hopefully ride a...

Matt-The-Trading-Cartel Jan 1, 2020

The structure on AU is still very promising for a decent move to the downside. Just like i talked about in my last forecast however price has continued to trickle up and never presented a clean pattern in the key area so i will not be trying to call the top on this pair. Looking for a clean impulse down then counter trend move to get in and hopefully ride a...

Matt-The-Trading-Cartel Jan 1, 2020

The structure on EU is starting to set up for a nice short opportunity. We have a pattern in a pattern setting up with multiple ascending channels for extra confluence. I will not be looking to call the top of this until we reach the key area i have circled. Even when it reaches this area i will need a clean pattern on the lower time frames to enter, Waiting for...

Matt-The-Trading-Cartel Jan 1, 2020

The structure on EU is starting to set up for a nice short opportunity. We have a pattern in a pattern setting up with multiple ascending channels for extra confluence. I will not be looking to call the top of this until we reach the key area i have circled. Even when it reaches this area i will need a clean pattern on the lower time frames to enter, Waiting for...

Matt-The-Trading-Cartel Dec 29, 2019

Price is now approaching a potential key inflection point and starting to form a nice descending reversal structure. We can see on the Daily time frame that we have formed a clear descending structure with 3 key touches, which is also lining up with a 3rd touch from another key trend line . The last move down inside the descending structure has been impulsive on...

Matt-The-Trading-Cartel Dec 29, 2019

Price is now approaching a potential key inflection point and starting to form a nice descending reversal structure. We can see on the Daily time frame that we have formed a clear descending structure with 3 key touches, which is also lining up with a 3rd touch from another key trend line . The last move down inside the descending structure has been impulsive on...

Matt-The-Trading-Cartel Dec 28, 2019

Have been watching this pattern set up for awhile now. We are very overextended from the 1hr 50 ema as well for extra confluence. Price has broken the bigger pattern 3 touch trend line slightly getting us into an extremely good value area, and approaching another key 3 touch trend line. At previous key areas we had on watch we never got an entry pattern however...

Matt-The-Trading-Cartel Updated  Dec 27, 2019

As previously forecast price has now reached the value area so will be looking for shorts. The DT area is the first area of interest and if that does not present an entry will be looking at it from the main structure. If we fail to get a clean entry will take the First flag after a clean impulse.

Matt-The-Trading-Cartel Updated  Dec 27, 2019

On the Daily we can see a clear ascending price structure, which now also has a very clear support / resistance zone being respected as well. The daily candle has failed to close above this level several times now so i will be looking for a short entry at the start of this week on the lower time frames.

Matt-The-Trading-Cartel Updated  Dec 23, 2019

Scaled in on CJ Potential second entry to the flag setting up

Matt-The-Trading-Cartel Dec 19, 2019

This was forecasted well in advance on earlier posts. And the entry was posted as an update not long after entering. Stop loss now sitting at BE and trade is running risk free looking for a decent move to the down side

Matt-The-Trading-Cartel Dec 19, 2019

The main structure of AU has not changed it has now just evolved. still looking for the bigger sell, but will be open to a clean short term long if it presents before reaching the value area. Main focus is on the potential bigger sell. Only interested in entering this sell from the value area, once we are closer to this area will drop down the time frames and...

Matt-The-Trading-Cartel Updated  Dec 18, 2019

We now have a clear ascending channel at the top of a larger ascending pattern. Have 2 ideal entries forecast but will need to wait and see how price develops at the start of this week. will only enter on the DT arc with a clean over ride set up other wise if we continue past this area will be looking at the 3rd touch on the mini channel.

Matt-The-Trading-Cartel Updated  Dec 18, 2019

Have several JPY pairs all setting up into key areas. Will be watching them all closely and picking only the best 2 entries to take if they all happen to set up at the same time. The fact they are all lining up is extra confluence however for now just being patient and waiting for these structures to develop a bit further. A mini 3 touch channel inside this...

Matt-The-Trading-Cartel Updated  Dec 17, 2019

Have a key area approaching on EJ. Nice 3 touch ascending channel with a middle section to it. Have my alerts set at the high and will be watching closely for an entry once we hit this area.

Matt-The-Trading-Cartel Updated  Dec 16, 2019

Ideal entry is similar to NU. Looking for an over ride set up at the DT. Will also be paying close attention to how the potential flag forms shortly after market open

Matt-The-Trading-Cartel Updated  Dec 15, 2019

Pattern is setting up for another potential short opportunity. Managed to catch the last move down, looking for a similar set up again at this next key area. Price has moved up very impulsive so ideally looking for some ascending nature now leading up to the key area.