Make Left/Right (depending on circuit direction) orbit's at the end of the downwind leg until you are sure the landing traffic has passed?
I have to say that's the one 'no-no' in this thread. I know some controllers are still instructing traffic to do this, but after the sad, fatal accident at Southend I thought it had dramatically reduced. (C150 on final was instructed to orbit to allow a faster aircraft on a straight-in to land. The 1st solo student spun in half way round the orbit, as I recall.)
In my view, the safe procedure is to continue to fly the circuit, only at circuit height/altitude, until regaining a safely spaced position downwind.
TOO