Sort your bands first, it makes it much easier.
Place your loom horizontally
Move your middle row of pegs so that they are in a column of 3 vertical pegs
Position loom so arrows are pointing to the right
We'll be using these four pegs.
Place 1 red band on all four pegs
Place your "c" clip on the band
Attach all sides of the band to the "c" clip
Place another red band on the four pegs
Take your loom tool and loop the bottom band over the top band
Place another red band
As before loop the bottom band over the top band
Push down the red band and we're starting on the bobble.. Take TWO black bands
Place them on the four pegs
Loop the bottom band over the top bands
Get four black bands
Place them on the four pegs and loop the bottom two back bands over them
Get two black bands
Put them on the four pegs
And loop the four bands over them
Get your next color (orange) and put on the four pegs
Loop the black bands over the orange
You will continue the steps, only this time you will put, 6 of each of your colors looping one at a time and you will use 2 black bands loop it, 4, then 2 again.
After you've done all your colors, take your 3 left over red bands and loop them like you did with all the others
Grab your "c" clip that was on the other end of your bracelet
Take your bands off the loom by putting them on the loom tool, and attach all the band ends to the "c" clip.
And your bracelet is finished.