This method is similar to the standard bind-off but produces a more elastic edge. This bind-off is especially good for knitters who tend to bind-off too tightly; use it when you want to make sure your bind-off isn't too tight.
Slip one stitch, knit one stitch, *insert left needle tip into first stitch on right needle and lift the first st over the second (Figure 1), leaving the first stitch on the left needle, knit the next stitch (Figure 2), then slip both stitches off the left needle-two stitches remain on right needle and one stitch has been bound off (Figure 3). Repeat from * until no stitches remain on left needle, then pass first st on right needle over the second.
|Figure 1||Figure 2||Figure 3|