This is my first real attmept at a tutorial,
so I am going to go slow and easy for you.
Here we go!!!
 

First open a image 300 x 300
with a transparent background.
(I personally like it to be big)
Make the foreground color yellow.

Now come the part where you need
to be patient.

We are going to use the line tool.
So go click on that now
Set the controls at Bezier, width at 5.
And I have the antialas Checked

Now place your cursor at 150 X 0.
Draw a line down to 150 x 50
Go to 150 x 25 hold down the left button,
drag the cursor over to 125 x 25.

See your dimensions in the lower
left hand corner? Click.
You should have a yellow, curved line.
It should look like this.

Now go and place your cursor back
at 150 x 0 again. Draw you line back
down to 150 x 50 again and drag your 
cursor to 175 x 50. Click. And now
you have your first link in your chain.

Repeat the links all the way down your
image. You should have something like this.

Now go and click on the magic wand.
Set the controls at 100 tolerance and 0 feather
I have the sample merge checked.

With your magic wand, click on the
yellow part of your chain. You will
see the marching ants around your chain.

Now go to image, down to plug in filters
and select Blade Pro (Flaming Pearl).

This is where your own taste comes into play.
Personally I like the gold_shiny on my chain, 
but you can chose anything you like.
afterall it is your chain.

Here is what your finished chain should
look like or a little different depending
on what bladepro setting you used.

There are many things you can do 
with this chain now. I have made jewels
to go in the center of the links. 

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