This is the Christmas present I made for my daughter. It's a slouchy hat from the pattern Fern Glade. You can find it at knitty.com, my favorite site for alternative knitwear patterns.
I've used this pattern twice before and absolutely love it. I'm looking forward to making another one for my mom.
My yarn of choice is the bamboo-blend, "Spa", from Naturally Caron. The color of this hat is 'naturally 0007'. I've used 'ocean spray' for this pattern but I also have 'rose bisque' and 'soft sunshine' in my stash, patiently awaiting their turns.
The only adjustment I advise for Fern Glade is to take out the K1 stitch on Row 14. (Now that I look at it again, the editors have struck that stitch out and all is right with the world of Fern Glade.)
If you decide to knit this one up, you might want to use a stretchier yarn than I did. Knitting the headband too tightly or loosely can backfire if your yarn can't compensate and bounce back.
Lastly, I don't use circular needles. Just can't get a good rhythm going with those things. So I use dp needles. No matter which you choose, you'll need U.S. sizes 3 and 6.
I hope you enjoy creating Fern Glade as much as I have. You can find the author of the pattern, Megan Marshall, on ravelry.com or at her blog, I saw her STRANDing there.
Happy Knitting! ~ j