This fixed loop knot is one that I recently learned. A few thing that I like a lot about this particular knot. First, it is easy to tie and untie. Second, it can be tied at the end of a rope, on a bight, or around an closed object. Third, it is easy to adjust the size of the fixed loop before finishing the knot. Finally, when formed on a bight it lays inline with the standing end of the rope, similar to the Inline 8.