Blogger and Picasa won't let me do more than 4 pictures at a time so...
Bring the left binding over the binding tool and cut it at the line for the width of your binding. My binding is 2" so I cut it over the 2" line.
This is the step I found I had to do the opposite of the directions.
Open the right binding strip so th right side is facing up. Position the end of the left strip along the top edge of the right strip.
Place diagonal line on the Binding Tool along the end of the left strip. Mark a sewing line across the bottom of the tool.