NB: There is no turn up with this pattern but if you require one then rib 4 inches (10 cm) instead of 2 inches (5 cm) and remember to sew the rib on outside of hat when joining sides for turn up.
1 pair UK Size 4 Needles (6mm) US Size 10
Use same needles throughout
Approximately 30 grammes (US 30 grams) of Double Knitting Yarn (8 Ply) Turquoise with a small amount of Red or cours of your choice.
k: knit; p: purl; sl: slip; st.st.: yfwd: yarn forward; ybk: yarn back Stocking Stitch; in: inches; cm: centimetres; tog: together; rep: repeat; st.:stitch; sts.: stitches; rem: remaining; p/u: pick up; tbl: through the back of the loop
Stocking Stitch: 1st row knit, 2nd row purl; sl 1: slip the next stitch onto the right needle without knitting it; yarn forward: bring the yarn towards you; yarn back: put the yarn away from you; p/u & k1: p/u & k1 tbl: pick up horizontal thread between stitch just knitted and next stitch & knit it through the back of the loop;
Using turquoise: Cast on 80 sts
1st Row (optional): Knit into the back of each stitch
Work 7 Rows (or 2 in, 5 cm) in K1, P1 Rib
Next Row: *k1, p1* repeat to last 2 sts, k1, p/u & k1 tbl, p1 (81 sts)
Row 1: Using turquoise: k
Row 2: Using turquoise : p
Row 3: Using red: k1, *sl 1 purlwise, k1*, rep from * to * until end
Row 4: Using red: *k1, yfwd, sl 1 purlwise, ybk*, k1
These last four rows form the two-colour pattern.
Repeat the last four two-colour pattern rows until work measures 6 in (15 cm) ending with Row 4
Using turquoise and working in st.st.:
Row 1: k2 tog. k5, k2 tog, *k6 tog, k2 tog*, rep from * to * until end (70 sts rem)
Row 2: p
Row 3: (k5, k2tog), rep to end (60 sts rem)
Row 4: p
Row 5: (k4, k2 tog), rep to end (50 sts rem)
Row 6: p
Row 7: (k3, k2 tog), rep. to end (40 sts rem)
Row 8: p
Row 9: (k2, k2 tog), rep to end (30 sts rem)
Row 10: p
Row 11: (k1, k2 tog), rep to end (20 sts rem)
Row 12: p
Leaving a long tail for sew up, cut wool and thread tail through rem 20 sts. Pull up tight and turn Inside out. Secure by stitching but don't cut the thread. Using rem tail sew sides tog neatly and fasten off. Turn Right Side out.