Experiment, experiment, experiment, get some wood and try different methods. The method I outlined above works on the wood I use and the climate I live in and the products I use. It does not cost much or take much time to have a play with different methods using the products you already have or want to use. For instance I hand finish between coats as it generally takes very little effort to knock down the previous coat as I feel machine finishing between coats is way to aggressive but that is just me, I can't give any technical reason for that but I always get a good durable result that has been proven over the years. Sedge says this or that and he may be right for him but not for someone who lives in a different climate and can't access the same products or timbers, you are after durability as much as a nice visual result.