The general method is demonstrated in Kauffman's book On Knots. Put the knot into a "band position" So that the Seifert surface is illustrated as a disk with twisted and intertangled bands attached. Then the orientations match those of your figure. You can pass one band over another. Your knot is the braid closure of $\sigma_1^5$. The Seifert surface is two disks with 5 twisted bands between them. Start by stretching the disks apart.