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high five a white guy 

When you and a white male friend have sex with the same girl at the same time. As you are fucking her and she is giving him head, you reach across her and give him a high five signaling that it's his turn to fuck her. It's like when a wrestler tags his partner into the ring during a tag-team match.
" I can't believe dat dirty bitch asked me to join in wit dem! I ain't down fo no high five a white guy."

High five 

A group of five or so guy who have been smoking to much weed.
"Watch out for any high fives, they don't know what they're doing."

Filipino high-five 

asshole to asshole stimulation, typically occurs between gay men or weird people.
Bob was afraid of getting any STDs from Allan, so they just Filipino high-five'd
Filipino high-five by Crunktron9000 November 25, 2011

Backwords High-Five 

Founded in San Diego and spreading to Seattle, this move is perfect for the handling of dirt balls who got some dirty balls.
I saw kyle with his hand down his pants, so I gave him the Backwords High-Five...if you know what I'm saying.

high five and switch 

a move involving two couples having sex at the same time and in the same room, ideally. After round one, the men get up to go to the other bed; they meet at the midpoint of these two ladies beds, high five, and shout 'Switch'. then the sex continues for round two with a new partner. repeat as needed.
Ashley: 'after this we should high five and switch!'

Chad: 'I think i tired Ashley out to much for round 2.'

Brad: 'ooOO' '............alright alright I'm ready lets go.'

Chad: high five! (smack)

Brad and Chad: 'SWITCH'

Legendary High Five 

The high five given after going skiing with your bros and the town's favorite whore.
Dude, remember the legendary high five we did last night after kelley beat us down the hill when we all went skiing?

Dude, so word.