Valor Points

Valor Points are the upper-level currency rewarded for participating in PvE encounters, typically the most-recent tier of raids. The lower-level PvE currency, rewarded from Heroic mode dungeons and older raids, is awarded in the form of Justice Points. Items sold for Valor Points are available from in Stormwind City and  in Orgrimmar.

Players can gain no more than 980 Valor Points per week.

Source
Valor Points are rewarded for completing the following objectives:


 * [1] This can only be done 7 times per week