#CurrencyPairPrediction Tick volume, commonly seen on most retail forex platforms, represents the number of price changes (ticks) within a given period, not the actual number of traded contracts or the true volume of currency exchanged. Real volume data, which tracks the actual transaction sizes, is generally only accessible through direct exchange feeds, which are often expensive and less common for retail traders. While tick volume can provide some indication of market activity and price volatility, it's crucial to understand its limitations. A high number of ticks might suggest increased activity, but it doesn't necessarily equate to significant trading volume. Conversely, real volume gives a more accurate picture of the conviction and strength behind price movements, making it a more reliable indicator for confirming trends and identifying potential reversals. Therefore, traders using tick volume should be aware that it's a proxy and might not always reflect the true market dynamics.