The field of fiber optics nonlinearity is more discussed last years due to such remarkable enhancement in the nonlinear processes efficiency. In this paper, and for optical performance monitoring (OPM), a new achievement of nonlinear effects has been investigated. The use of cross-phase modulation (XPM) and four-wave mixing (FWM) effects between input optical signal and inserted continuous-wave probe has proposed for impairments monitoring. Indeed, transmitting a multi-channels phase modulated signal at high data rate (1 Tbps WDM Nyquist NRZ- DP-QPSK) improves the sensitivity and the dynamic range monitoring. It was observed by simulation results that various optical parameters including optical power, wavelength, chromatic dispersion (CD), polarization mode dispersion (PMD), optical signal-to-noise ratio (OSNR), Q-factor and so on, can be monitored. Also, the effect of increasing the channel spacing between WDM signals is studied and proved its use for FWM power monitoring.