I love traditional knotted embroidery floss bracelets, but they take so long to make! Enter my shortcut idea. This one is stitched onto felt, and takes about an hour. I can handle that!
With the felt strip folded in half, begin stitching a chevron pattern as shown. Each "knot" is made with two stitches almost on top of each other.
The arrow points away from the center. I found the safety pin helpful when starting so that I could visualize the center better.
Alternate the two colors of pearl cotton, stitching a row of each, with a bit of space between each row.
Continue the pattern all the way down to the end of one side, but leave about 1/2" space.
Cut three lengths of pearl cotton about 18" long. Fold the bracelet, and stitch the loose ends together with the three pieces of pearl cotton. Pull each piece to the middle so that there is an equal amount on each side.
Braid the strands on each side, then knot them.
To tie around your (or your friend's) wrist, simply loop the braided pieces through the fold, and tie.