Elliott Wave Forecast Reviews

Summary: Tried to follow their chart updates. Rarely found any occasion where the analysis actually worked out as they posted.

Positive: Daily updates.
Charts for all time frames are available.
Provides long term analysis for all the assets.

Negative: Analysis isn't very reliable.
Too expensive.
Very frequent changes to the provided analysis.

Summary: If you follow these guys at EWF you will lose more trades then win and the markets will keep running away while u wait for their magical blue box
Maybe if you're an investor looking to buy low to hodl, might work for u but honestly don't waste $400/month for this crap when u can figure it out without them.

In a bullish uptrend, every trader & TA is a winner.
In a bearish downtrend, majority traders & TAs get rekt markets show their true skills.

Best thing is learn TA & EW on your own, then find few +20 yrs well respected traders and try them out for swing trading signals.

Positive: Group chat to answer questions about EW.
I did learn some valuable educational stuff, so the value was more in that than anything from their trading setups which I left at 0/5 from them.

Negative: I joined them 4 months, they have very limited style and very inaccurate. constant bias, their answer to all is 'we don't pick tops/bottoms' or 'our trading system doesn't allow... blah blah'

These guys have change entire cycle counts so often, just to justify bull trend (prolly to keep their customers), and have been so inaccurate. their magical 'blue box' doesn't work the way they present it, either misses and runs away or goes right through n gets stopped. they lack aptitude for markets, very Limited with inability to really trade. with them u will get stopped MORE often than win. Their pnl for 2021 was very low Ive made more on my own in just 2 days then they have in 1 whole year.

For 'professional traders' they aren't good at all. they don't use any technical indicators like RSI, MACd, MAs trendlines flags divergence or even volume, strictly wave count & blue box which turn out to be inaccurate eventually when it's too late.

IN a bull trend, every TA is a winner so imagine such poor quality trades in a raging hot bull run.

You can learn EW for FREE anywhere online so its a waste to pay for it. they don't provide any signals, they only buy in blue box, they rarely short even after oversold overly extended market top is favoring huge dump.
You spend most time just waiting for trades while rest of market is busy banking profits so whats the point, i rather just draw some trendlines and buy my own dips to swing trade. My own TA is more profitable trades even in bearish downtrend I banked more profitable trades in just days than 4 months with them let alone outperformed their entire yearly PNL %.

I took 5 trades from them and all 5 got stopped. The rest were cancelled or I cancelled myself because I saw it coming lower and they did so I cancelled them just like my membership.

And the CSR is horrible, very defensive, quick to defend right away, a question or request turns into a discussion and convo, its like trynna deal with an angry teenage boy. Pathetic.

Professional traders know how to analyze markets & trade in both directions. These guys cant figure out the top when its screaming right at you, very very limited and only applicable in a bullish uptrend. You know who else wins in a bullish uptrend? The monkeys pick!