Having just done a spray painting course at night school here's the way they teach.
1. Strip to bare metal and sand with 120 and optionally then with 180.
2. Metal condition with phosphoric based acid, wash off with water and dry it thoroughly with air and clean rags. Dont touch. If you do touch it thinners wont get the oil off. You have to acid wash again or you will get finger print marks in your top coat from where it is rusting again.
3. Prime with expoy primer - do not use etch primer as phosphoric acid does the etching (never etch an etch). Epoxy primer is the only primer that doesnt absorb moisture. All other primers let moisture through.
4. Prime with high build primer (this can be done wet on wet but check your paint system technical data sheets), block back, wash with grease and wax remover, run over with tack rag and top coat. Usually top coats should be applied within 24 hours of sanding - again check data sheets. Dont wipe back and forth too much with tack rag as it will cause static build up that will attract dust.
If you want to use etch primer followed by normal primer (instead of acid wash) then you need to get your top coat on quickly to minimise moisture absorbtion.
Attached is a pic from my MGA project. I bought this from a bloke who left it in primer. The whole thing has rusted and has to go back to bare metal.
Hope that helps.

OK after posting just opened your attachment. You have a 2 pack epoxy primer and they told us you cant use etch primer under epoxy primer and must go the acid wash route. I would suggest you talk to Wattle tech people to make sure you prepar it correctly. The other thing is that you can get epoxy primer as 2 pack or single pack and you must be consistent with the whole paint system. Ie you cant put 2 pack paint over single pack epoxy primer. Also the nasty's in 2 pack are absorbed through the skin and eyes and normal filters dont stop them, so cover up fully and get a positive pressure breathing system when using 2 pac.