Place, Location
The location where the dream takes place is particularly important to notice. Consider, for example, the House and Room. The location reflects the psychological situation being addressed. Is it a familiar place or an unfamiliar one? This could indicate whether the situation is something one is relatively conscious of or unconscious about.
To understand the symbolism of the location, you need to rely on your own associations, as always. You might close your eyes and "tune into" the place—what feelings, thoughts, or memories are connected to it? For instance, if you dream about a place you associate with personal failure, the dream likely deals with related complexes or corresponding psychological material; perhaps the current life situation resembles the historical one.
In general, it is essential to engage your emotions when making associations. Cold observations like “it’s my old school” lead nowhere. Instead, one must include the feelings tied to the school and the associations it brings to mind.