Using any Yarn, and an oversize needle…
(sample uses DK cotton, and 4.5mm ndls)  

Cast on 4 stitches and knit 1 row.  

Regular row: Knit 2, yo, Knit to end.  
Repeat regular row until there are 10 stitches on needles.  

First Lace Row: (right side) Knit 2 sts, yo, knit 1, yo, K3tog, yo, Knit to end.  

Work 3 Regular rows.  

Lace Row: Knit 2, yo, K1, yo, k3tog, *yo, K1, yo, K3 tog. Repeat from * to last 4 sts, yo, K4  

For the pattern work 3 regular rows followed by a lace row. Continue to desired size, cast off.

Tip– put a pin on the right side of your work: it will make it easier to figure out when to do the lace row.

-An option…trim with a fringe or beads