The order of the spacers doesn't really matter too much, as long as the wheel is centred and their is the correct gap between the smallest sprocket/lockring and the inner face of the drive-side drop-out.
If I'm building up a new axle, I'll always start with the drive-side cone, seals, spacers and locknut.
With the cassette and bearing in place you can establish how far the outer locknut is from the cassette lockring. This is normally 2-3mm.
You can also make sure you have the necessary 5-6mm of axle showing which locates into the drop-out.
Once all that is sorted I use an axle clamp in a vice to make sure the drive-side cone and locknut is done up really nice and tight. A dab of locktite is also a good idea.
Then you can build up the non-drive side cone, adjusting the amount of spacers until you have the same 5-6mm of axle thread showing.
All that said, here is an exploded diagram of a DX M650 freehub:
Have you any more photos of your Traverse?
I haven't seen another one other than the one I have: --> http://www.retrobike.co.uk/forum/viewtopic.php?t=113457