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Things you will need:
48 peg Cindwood loom (5/8 gauge).
Loom hook.
I used Bernat Maker Home Dec yarn in the colors Green Pea and Gold yellow both are #4.
I used 2 different colors of stitch marker on yellow ones on pegs 7,18, 31 & 42. and blue ones on every 4th pegs as in 4,8,12,16,20,24,28,32,36,40,44, & 48. You can use any color stitch marker you want. I just used these colors because they contrasted my Cindwood loom with purple pegs.
A yarn needle (optional).
Crochet hook (optional)

Techniques you will need to know:
How to do the Yarn Over cast on.
How to Ewrap and Uknit .
How to Purl.
How to Bind off. I used this method. 
How to bind off  by using flat drawstring cast off.

Stitch pattern that I used:
1x1 Rib stitch pattern.
Seersucker Stitch pattern.

Pattern:

Starting with the Green color.
Yarn over cast on all 48 pegs in the round.
Rows 1 to 10 Uknit 1, Purl 1 to the end of the rows.
Row 11 Uknit 1, Purl 1 pegs 1 to 6, Bind off pegs 7 to 18, Uknit 1, Purl 1 pegs 19 to 30, Bind off pegs 31 to 42, Uknit 1, Purl 1 pegs 43 to 48.
Row 12 Uknit 1, Purl 1 pegs 1 to 6, Ewrap pegs 7 to 18, Uknit 1, Purl 1 pegs 19 to 30, Ewrap pegs 31 to 42, Uknit 1, Purl 1 pegs 43 to 48.

Rows 13 to 19 Uknit 1, Purl 1 to the end of the rows.

Change color to yellow.
Rows 20 & 21 Uknit 1, Purl 1 to the end of the rows.
Rows 22 & 23 Purl 1, Uknit 3, repeat to the end of the rows.

Rows 24 & 25 Uknit 1, Purl 1 to the end of the rows.

Rows 26 & 27 Uknit 2, Purl 1, Uknit 1, repeat to the end of the rows.

Rows 28 & 29 Uknit 1, Purl 1 to the end of the rows.
Rows 30 & 31 Purl 1, Uknit 3, repeat to the end of the rows.

Rows 32 & 33 Uknit 1, Purl 1 to the end of the rows.

Rows 34 & 35 Uknit 2, Purl 1, Uknit 1, repeat to the end of the rows.

Rows 36 & 37 Uknit 1, Purl 1 to the end of the rows.
Rows 38 & 39 Purl 1, Uknit 3, repeat to the end of the rows.

Rows 40 & 41 Uknit 1, Purl 1 to the end of the rows.

Rows 42 & 43 Uknit 2, Purl 1, Uknit 1, repeat to the end of the rows.

Rows 44 & 45 Uknit 1, Purl 1 to the end of the rows.
Rows 46 & 47 Purl 1, Uknit 3, repeat to the end of the rows.

Rows 48 & 49 Uknit 1, Purl 1 to the end of the rows.

Rows 50 & 51 Uknit 2, Purl 1, Uknit 1, repeat to the end of the rows.

Rows 52 & 53 Uknit 1, Purl 1 to the end of the rows.
Rows 54 & 55 Purl 1, Uknit 3, repeat to the end of the rows.

Rows 56 & 57 Uknit 1, Purl 1 to the end of the rows.

Rows 58 & 59 Uknit 2, Purl 1, Uknit 1, repeat to the end of the rows.

Rows 60 & 61 Uknit 1, Purl 1 to the end of the rows.
Rows 62 & 63 Purl 1, Uknit 3, repeat to the end of the rows.

Rows 64 & 65 Uknit 1, Purl 1 to the end of the rows.

Rows 66 & 67 Uknit 2, Purl 1, Uknit 1, repeat to the end of the rows.

Rows 68 & 69 Uknit 1, Purl 1 to the end of the rows.
Rows 70 & 71 Purl 1, Uknit 3, repeat to the end of the rows.

Rows 72 & 73 Uknit 1, Purl 1 to the end of the rows.

Rows 74 & 75 Uknit 2, Purl 1, Uknit 1, repeat to the end of the rows.

Rows 76 & 77 Uknit 1, Purl 1 to the end of the rows.
Rows 78 & 79 Purl 1, Uknit 3, repeat to the end of the rows.

Rows 80 & 81 Uknit 1, Purl 1 to the end of the rows.

Rows 82 & 83 Uknit 2, Purl 1, Uknit 1, repeat to the end of the rows.

Rows 84 & 85 Uknit 1, Purl 1 to the end of the rows.
Rows 86 & 87 Purl 1, Uknit 3, repeat to the end of the rows.

Rows 88 & 89 Uknit 1, Purl 1 to the end of the rows.

Rows 90 & 91 Uknit 2, Purl 1, Uknit 1, repeat to the end of the rows.

Bind off by flat drawstring cast off and weave in stragglers.