This one is a simpler version of this.
Section off a rectangular portion of hair at the top of the head. Gather the hair into a pigtail at the corner and add an elastic. Braid the hair to the end, and add another elastic. Draw the tail up to the top and fasten it to the first elastic by tucking it in or adding another elastic around the whole thing. Wrap the loose hairs around and tuck them into the elastic. Cover up the elastics with a flower or bow. (This is my favorite one again from Gimme Clips--the one that came with the headband.)