no, that is wrong. it is not tied on a foundation knot that "pushes the middle out". if you look at the tutorial brian posted, it is based on a ginfer knot and the "ring" part that is around the outside is woven onto that over 1 under one part in around the middle of the base knot.
in any case i found the knot in grant's book but as i suspected the pictures suck so i cannot follow them. the way he did it is he tied the upper part of the base knot with basically the over 1 under 1 along the bottom, then tied on the bottom half of the knot onto the top half.
since all it looks like anyone wants to do on here now is argue and say they're right and get upset because someone asks a simple question i think i will stop posting now because it's not helping anything and just making people argumentative. i don't enjoy conversations like that and do not participate in them. see ya.