Supposing you've already got your S/R numbers worked out, what are some basic techniques to trade S/R? It seems like there are so many way to do it, each with it's on advantages/disadvantages. One i've been toying with is: take your position when price is at or near the S/R. Look at price at the close of the bar (for my short term trades this is a 5 min chart). If it closed on the wrong side of the line reverse your position. If not, hang on. After a little move your way, set stops to breakeven. This usually lead to some whipsaw losses so on the good moves, you have to make sure the profit is a few times your avg string of losses.