Warp and weft are indications for the fabric direction. Warp is along the length as the fabric is unrolled, and weft is across its width: http://en.wikipedia.org/wiki/File:Warp_and_weft.jpg.
In composites you deal with warp and weft direction of fibers. The fabric that is produced can be impregnated with a resin (example an epoxy). The resin is the matrix.
I hope above makes clear that you cannot use matrix instead of epoxy warp. (it basically says nothing). You speak of fiber/yarn direction in combination of a matrix.
An example: the mechancal properties of a glass/epoxy composite in warp direction differ most of the time from properties in weft direction.
Warp are longitudinal threads of a cloth (fabric) whereas the weft are the transverse threads. However in Textile and Engineering Composites language, the matrix is the resin or the binder material which holds the fibers/ yarns together and it's main purpose is to transfer the loading to the fibers/yarn.
It's usually in woven textile composites where you will find the terms warp and matrix. However there's no such thing as "warp matrix"