What you'll need:
-cylindric objects of various sizes
-a coin (or a fingerhat)
Before starting, be aware of the fact that iron wire has sharp ends, and you will probably cut yourself a few times.
Step 1: Start Shaping
With your other hand, turn the iron wire tightly around the pencil. Make one full turn.
You now have a little curl at the end of the wire, only the very end of it is still straight. You need to cut that straight bit off (just a cm).
Step 2: And Keep Shaping
Once the small curl is folded up, repeat the process with the coin under your thumb: curl the wire one full turn. Then, fold the smaller curl back to the centre. ( second and third picture)
Repeat the process once more with an even larger cylindric object.
Step 3: Even More Shaping
You need at least two of these to make sure the bracelet will fit around your wrist.
Now is also the time to add some beads.
Step 4: The Connecting Pieces
First, make a tiny circle of wire by shaping it around a pencil.
Then, the piece that'll allow you to open and close the bracelet: an S-shape. To make it shape some wire around a pencil in opposite directions.
As you've probably noticed, each one of the pieces has sharp ends, which would be, at the least, uncomfortable to wear. That's why you should glue a small bead at the end of every piece, making sure it covers the sharp end.
Step 5: Put It Together!
If you notice that your bracelet falls off easily, you should make the S-shaped piece close more tightly with your pliers.