3. Begin the braid, with alternating over-and-under wraps of the tag end around the two loop strands. It’s important that this is tied tight, which can be accomplished by keeping tension on the main line and by pinching the weave between your fingers to keep it from slipping.
This knot is a Portuguese big game knot called AÇORIANO KNOT used in sportfishing game in Algarve-Portugal more than 15 years ago and other vertion in Azores Islands more than 100 years ago.Sure in not an Australian knot.
Is also published some sporfishing magazine articles with the Açoriano knot some 10 years ago.