I like to keep it simple. Look for historical highs and lows, set your levels, buy high, sell low! For all the newbies to trading, keep it simple, buy high, sell low! don't think too much about it 
The truth is that trading is something simple, what is necessary is the user striving to stay focused in the market, following the changes that occur through good sources of information. It's like they say, money never sleeps.