Matt-The-Trading-Cartel

Matt-The-Trading-Cartel

Just posting an update on Trades taken based on yesterdays Forecast. Actual entries are taken on a lower time frame, The overall bias on the HTF is still short, so only targeting the top of each 15min range that the trade was taken based on.

Matt-The-Trading-Cartel

Just sharing a potential scenario for the week ahead on EU. As always my bias can and will change as we get more recent price action. But for now using the information that we have this is how I am seeing the market. The Daily trend is still down, so we are expecting a pull back to form a new Daily Lower High before continuing the down trend. This bias means...

Matt-The-Trading-Cartel

Currently in EU asian sweep short. Daily is still in a down trend. Nice sweep of asian highs followed by a 5min trend change then 1 min Trending entry. Also in the premium discount / range edge of recent price action.

Matt-The-Trading-Cartel

This chart gives you a brief explanation around how we read price action on EU across multiple time frames. It is always important to look at price action on a Fractal level across multiple time frames. Understanding the main trend, main ranges will help you to identify key Areas to trade from and also key areas to target for Pts. Sometimes knowing where to...

Matt-The-Trading-Cartel

Just posting a quick analysis to follow yesterdays forecast. This trade set up just after the forecast that was posted yesterday. At the time the forecast was posted we were still in a down trend on the 15 and 5 min time frame, and we had a 1hr range marked on as the area to go agressive at. Because price had rebalanced to the 50% of this range we knew price...

Matt-The-Trading-Cartel

EU has a few key areas of interest to keep an eye on tonight. We have pulled back to the 50% of the main push up and now we potentially have a clear run to push up and break the main weak high. Will look for aggressive longs from the key area. But we way go earlier and then we will look to get in as we are trending. Anything could happen will have to wait...

Matt-The-Trading-Cartel

Last nights price action is a perfect example of the importance of correct risk management. All 3 entries taken last night ran to roughly 3% and then reversed. Due to correct risk management all 3 of these trades resulted in Break even results instead of full losses. Finishing the night at break even instead of -3% is not a huge difference $ wise but also a...

Matt-The-Trading-Cartel

Eu is setting up for a potential long entry after Asian session today. Ideally we get a nice tight Asian session range followed by a sweep down into one of my POI We have some 1hr IMB above that price should fill at some stage.

Matt-The-Trading-Cartel

EU could potentially give us a great start to the week tomorrow. I will be waiting for the Asian range to form before i look for any entries. Ideally we will get a nice tight Asian range and then i will be open to both long and short entries from my Point Of Interest. Lets wait and see what forms during the asian session tomorrow

Matt-The-Trading-Cartel

This week we had 4 trades that fit our go to set ups perfectly. 2 solid runners to the start week, followed by 2 small wins with partials taken for profit and the remainder taken out for BE. The analysis for these start on the 1hr time frame and in some cases even higher. We mark out out key areas, our overall bias and only then drop down the 15, 5 and even...

Matt-The-Trading-Cartel

This is a recent trade on GU that i took earlier this week. This is a go to set up that ticked all of the boxes perfectly, the key takeaways from this post is about the importance of using the higher time frames to find key areas to enter from as well as key areas to set a PT at. The entry was refined on the 1min chart however the information that we gather from...

Matt-The-Trading-Cartel

This is a perfect example of the Set up that i was looking for yesterday on EJ when i posted the forecast. At the time of posting the Price action was looking identical however over the next few hours the FLAG failed to form never giving us an entry.