If you are properly set up, you can use paraffin wax to lubricate your bike chain. The main advantages of the method I use (dipping the chain in hot wax) is that (once you're set up) it's fast, it's easy, and it produces a chain that neither picks up dirt nor produces greasy "tattoo" marks on you or your clothes. For this reason, I find it superior to oil. I lube my chains this way every 3 weeks or 300 miles.
This is a picture of me "dipping" my chain at my workbench.
Step 1Set up your chain for removal without tools
The first thing you have to do is set up your bike chain so you can easily remove it from your bike. I use an SRAM "Power-Link", pictured. I don't know if there are other manufacturers who make this kind of thing, but I can say I've used these devices for years without trouble. Follow standard guidelines for chain length. Go to a mechanic if you're unsure. If you buy an SRAM chain, they usually come with one of these things included. (I am not affiliated with SRAM in any way, I just think they make decent products.)
Power-Links are very easy to use once you understand the techniques of linking and unlinking them.
Here's a good website that explains the "secret" for doing this.
put an inch or two of water in the pan, but not so much that the can with wax floats.
When you are done, you can just lift out the can 'o wax and allow everything to cool.
I haven't done the chain wax thing yet, but I use mine to make "buddy burners", to waterproof matches, and to dip tools in to prevent rust.
I store the can on top of the fridge where I can dump in the odd scrap of cheese wax or a broken crayon in for the next melt.
get a frying pan then put the wax in
wait for it to melt
drop the chain in and wait about 5 minutes
this way the the wax penetrates the rollers and all the small parts
but its still a good method