Everyone who deals with Forex trading knows about the term Forex PIPS  which is very important for the trading. The full form of the word PIP is stands for percentage in point. And it’s a smallest price increment in Forex trading. In the Forex market the prices will be quoted to the four decimal, in which even the last forth decimal varies also the Forex market vary, which is a point in ten thousand which is the fourth decimal.The Forex pips value will be calculated by the ordinary formula which is “Divide one pip, with proper decimal placement by currency exchange rate and then multiplied by the national amount”. The Forex Pips value will be in dollar. If you are in instantly trading in two different foreign currencies it’s not making any sense to measure your profits and losses in terms of dollars if that trade does not deals with dollars. Over the several years the technical analysis has witnessed a large number of technical indicators. It’s allows us to determine a rise or fall in Foreign exchange values in percentage terms as an alternative of measuring the dollars and cents in the Forex market. Despite the fact that US dollar is the most widely traded currency, the USD is not involved in all trades so to keep the different currencies universal currency the Forex pips indicates the foreign exchange prices. In this chart you can see the sudden change in pip value even very accurately.  The charts can be viewed in the internet even now in mobile phones also and study the pip value fluctuations. There are few financial data and analyses providers in the market where you can take a help on this Forex pips chart study. Also you will get some tools for this pips study which improves your knowledge for the better trading in Forex. The most and common successful meaning of making trading decision and analyzing Forex and commodity market is nothing but the technical analysis. Two types of analysis, namely technical and fundamental in which technical analysis applied only for the price action where as fundamental provides long term forecast of exchange rate movement that means in other words technical analysis is mostly using for short term Forex trade.  The most effective study in Forex trading is the pip factor study which is plays a major role to make profit in the said market. Pip factor is very minute but play a major role in the trade sector, because it is very necessary for the investor to take in an account of this fluctuation strategy also before investment. Like in the stock market here also we can find the up and down rates every time in which this percentage in points are get counted for the risk factor. Finally that if you are new to Forex trading to learn Forex you must and should know every single term including pip exchange rate market values which are very important roles in the trade. This can be learned by charts and tools.