After some extensive reading on ET, I have noticed something interesting regarding the trading strategies/styles most often employed. Rarely do we find people whose approach is solely focused on buying(selling) the low(high) and selling(buying) the high(low) of the day. I've read tons about breakouts, retracements, trend following, fading S/R, pivots, Fibs, and range breakouts, but have uncovered little about strategies that focus only on price action as it pertains to locating the intraday H/L, independent of the aforementioned strategies. My ideal trading day would be buying(selling) the low(high) of the day, and reversing at the high(low). Simple. 2 trades a day. Everyday. Why are there not more traders who subscribe to this approach, and who DO NOT USE the aforementioned styles to coincidentally do this? I'm hoping there are others out there who have been wondering the same thing, or who have some insightful information/ideas that they would be generous enough to share with ET members.