Horseshoe Lace Knit Stitch.
S2KP: Slip 2 stitches together as if to knit 2 stitches together, knit1, pass the slip stitches over the knit stitch.
Cast on a multiple of 10 sts, + 1.
Row 1 and all wrong side rows: K1, * p9, k1; rep from * to end.
Row 2 - right side: P1, * yo, k3, S2KP, k3, yo, p1; rep from * to end.
Row 4: P1, * k1, yo, k2, S2KP, k2, yo, k1, p1; rep from * to end.
Row 6: P1, * k2, yo, k1, S2KP, k1, yo, k2, p1; rep from * to end.
Row 8: P1, * k3, yo, S2KP, yo, k3, p1; rep from * to end.
Repeat Rows 1 -8.

Lace stitches of the Month -   February 2015

#30 Lace Diamond Chain
#31 Coral Diamond
#32 Lace Triangle
#33 Grapevine
#34 Lace Diamonds