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Step1: make the decorative Carrick Bend

Measure the size of your wrist size and then snip two strands of yellow nylon wire about 20cm longer than that (usually each should be kept 35cm long); next, you can start to make the Carrick Bend for your friendship bracelet:

1. Fold the thread ① and lay its below tip across the another one; then put the thread ② under the folded location of thread ①;

2. Hold the above half tip of thread ② to weave through the existed thread sections over and under according the diagram shows;

3. Adjust the four thread tips and slightly tighten the thread.
Step2: Complete the Carrick Bend for friendship bracelet

1. As shown in the diagram 1 & 2, take another two 35cm long red thread strands and weaving in the corresponding methods along the outer edge of the yellow ones;

2. In the next, repeat the same processes along the inner of yellow ones with two 90cm long red threads.

3. Ensure the red threads staying beside the yellow ones and then pull tightly all the threads.
Step3: make the Alpine Bend for rest friendship bracelet portion

According to the diagrams shows, the rest portion of bracelet is consisting of mass Alpine Bends.
Step4: make the closure

When there only remains two wire ends in each side, cross the four ends and take another wire strand to make a natural closure by the square knot.
Here is the process. If you want to see the picture of the process. You can see
http://www.pandahall.com/learning-center/article-How-to-make-easy-friendship-bracelets-out-of-Carrick-Bend-and-Alpine-Bend-62.html
You can see the details here!