ElliottWave International is a big well known site and offers technical analysis and education. Mainly based on the Elliott Wave technical analysis, and this technique can can be quite difficult to comprehend and to use in trading. They have a total of 8 analysts working for them full-time that are experts at using these techniques in their specific market. And with their markets being U.S. stocks, European stocks, Asian stocks, currencies, global interest rates, energy, metals and commodities it looks like there is something available for a diverse range of traders. This website offers a multitude of products and I will touch on them all below in the following sections:
- Free Membership
- Partial Services
- Pro Services
- EWAVES Flash Services
- Educational Resources
Famous for his bearish outlook, Robert Prechter, the founder of the site took his claim of fame through his 444% return in a monitored options trading account during the U.S. Trading Championship in 1984. And was proclaimed “Guru of the Decade” by the Financial News Network, now CNBC.
Registering for the Free Membership gives you access to the CLUB EWI Library. And free Elliott Wave 101 tutorials. There you can find educational reports, videos and a complementary trial for newsletters. Not very impressive, but it does give you a way to sample their products and start learning about Elliott Waves.
If you are a registered (free) member you can now also easily sign up for their paid subscriptions. You can either go for combined subscriptions called “Essential Services” which offers a discount or mix and match your own combination of subscriptions under “Partial Services”. There are a total of 11 Partial Services that make up the Essential Services, which I will now talk about.
Elliott Wave Theorist is a $20 monthly issued (minimum of 12 issues per year guaranteed) that delivers you the research by Robert Prechter on long-term trading opportunities. And if you keep in mind that Robert Prechter is mostly a bearish fellow, you can actually get some decent ideas from this newsletter.
Robert Prechter’s latest Elliott wave research focusing on the long-term direction of the markets and the manifestations of waves in society
Elliott Wave Financial Forecast is $19 monthly issued newsletter targeted at medium to long term time frames that brings you labeled Elliott Wave charts by Steve Hochberg and Pete Kendall in a 10 page PDF. It tries to predict trend changes in the U.S. stock indexes, bonds, gold, silver, the U.S. dollar and in society at large. And focuses on risk management using the wave principle.
Steve Hochberg’s intermediate-term analysis of the U.S. markets and investor psychology. Plus, Pete Kendall’s commentary on social trends and how they relate to the markets (Delivered monthly)
Financial Forecast Short Term Update is a $39 a month three times weekly newsletter that focuses on the short to medium term. Brought to you by Steve Hochberg, this newsletter focuses on U.S. Stocks, Bonds, Gold, Silver and the U.S. dollar. Bringing you alerts, financial news breakdowns and trend changes. With its 15 pages and about 10 charts per issue, this is a quick read and is good for people who like to stay on top of the news and think about why and what the things in the financial news mean to the markets.
Steve Hochberg’s in-depth analysis of equities, bonds, the U.S. dollar, gold and silver (Delivered Monday, Wednesday and Friday evening).
The European Financial Forecast is a $29 monthly issued newsletter written by Brian Whitmer, that looks at the coming month and a half of the European market. It onlt talks abou the big European markets: Germany’s DAX, Britain’s FTSE-100 and FTSE-250 and France’s CAC40. Great if you want to keep up to date about the key European markets and have an expert on them give you analysis on them.
Brian Whitmer’s intermediate-term analysis of European markets: DAX, FTSE, CAC, SMI and Euro Stoxx 50 (Delivered monthly).
The European Short Term Update is a $49 Monday, Wednesday and Friday issued newsletter by Chris Carolan. It covers The Netherlands’ AEX, Switzerland’s SMI, Spain’s IBEX 35, Italy’s S&P/MIB, Eurozone’s Dow Jones Euro Stoxx 50, Russia’s RTS, Eastern Europe’s CECE Overall Traded Index: Hungary, Poland, Czech Republic and Slovakia. And is suitable for frequent and/or short term traders.
Chris Carolan’s in-depth analysis of European markets gives you clear, objective forecasts of Europe’s markets: The FTSE, DAX, CAC, SMI, EuroStoxx 50, AEX, SPMIB, IBEX, RTS and CECE (Delivered Monday, Wednesday and Friday evening).
Daily Futures Junctures and the Monthly Futures Junction are a $39 and a $19 respectively, per month, futures analysis newsletter and accompanying video. Providing you with daily (or monthly) trade ideas by Jeffrey Kennedy. Looking at all commodities he always finds certain ones that he thinks offer the least risk to your investment.
Global Market Perspective is a $49 monthly newsletter. Giving you more than 50 (previously advertised as “more than 100″) pages of analysis and forecasts for every major market in the world. This analysis and forecasts is taken from the existing work of the analysts, so this is like a top list of analysis of this month from all the work of all the analysts that they have working for them. If you mainly just want the raw data and don’t want to learn about Elliott Wave then this is for you.
The Asian-Pacific Financial Forecast and The Asian-Pacific Short Term Update are a $31 and $49 respectively, per month, forecasting newsletter about the Asian markets. Gain either long or short term updates of how the markets are doing, why they are doing it and get ideas to trade their technical analysis. Great for people interested in the emerging markets.
The Socionomist is a $19 newsletter that appears 12 times each year. This 10 page PDF contains charts and graphics and talks about how social change and social topics are related and connected to the markets. It can be anything, form epidemics to golf. Trying to give you insight how fundamental and technical analysis on social statistics can help you with your trading.
The Socionomics Institute’s monthly publication dedicated to helping you anticipate and act on the important social changes that most people never see coming.
Then there are the Pro Services. A way to easily choose only the analysis and forecasts for specific markets and time frames you care about. And the way the pricing works is the more services you select the less money each one costs.
You can choose from several markets and time frames from these categories:
- U.S. Stocks
- European Stocks
- Asian Stocks
- Interest Rates
EWAVES Flash Services
Although still in beta, and not recommendable to actually trade, this automatic trading idea generator can give you some quick mechanical help for where to look in market changes.
Elliott Wave International offers many educational resources about Elliott Waves. There are books, ebooks, DVDs, videos on-demand, live online events and live in-person events. Few have a steep price, but most have a relatively normal price and are recommendable to traders that want to learn from some of the best on the topic.
Visit their site: http://www.elliottwave.com/
All in all this service offers many newsletters and resources that are of high quality and recommendable to traders interested in Elliott Wave theory. But be aware of their more bearish outlook.
More related AlphaJudge reviews:
- High quality resources
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- Complicated product offering