I'm doing them in Cascade myself, right now.
I think you're confused because the wrap video on this site is not the same as what the pattern is asking you for--the pattern's more simple, and will produce a bigger hole, but I promise from experience that the hole felts right out. All you do is slip a stitch from the left needle to the right one, bring the working yarn forward, and slip the stitch back again. Then you turn and just start knitting.
I have a hard time recognizing where I am if I lose track on this one, too. I saw on the big FT clogs thread that several people were using post-it notes to stay on the right line or photocopying the pattern and crossing out each step as they did it. I was able to stay on track fairly well through my first pair, but I've been more distracted with the second and had to rip back a row occasionally. Sorry I don't have more ideas on that one.
Hope this helps!