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Skill level: Easy 

The fullness of this border means that it lies flat if the top edge is allowed to curve or it flares if the top edge is kept straight. 

skpo=slip one, knit one, pass slipped stitch over 

Cast on a multiple of 4 sts. 
1st row (RS) K. 
2nd row P. 
3rd row K. 
4th row P. 
5th row * K 2 tog, yo twice, skpo; repeat from * to end. 
6th row * P 1, (k 1, p 1, k 1, p 1, k 1) in double yo, p 1; repeat from * to end. 
7th row K. 
Bind off purlwise. 

Click for explanation and illustration

k = knit

yo = yarn over

p = purl

k2tog = knit 2 together

Trim directions reproduced by permission from 
150 Knitted Trims by Leslie Stanfield, St. Martin's Griffin, 2007