This video breaks down what a PIP is in Forex trading and why it matters. It explains how PIPs represent the slightest price movement for different currency pairs, where to find them on the chart, and how they vary across pairs such as EURUSD, XAUUSD, and USDJPY, encouraging curiosity about how different pairs behave.

The video shows how PIPs relate to lot size, trading costs, and profit or loss, using simple examples to clearly demonstrate how to calculate PIP value and how price movements convert into actual money.