I'm preparing some lecture notes and have some trouble creating an encircled arrow like the one in the picture.
What I'd like to do is to create an elliptic shape around an arrow defined in TikZ (like the one in the code example).
\draw[->] (0,0) -- (1,1);

Here's the full code for the picture:
\documentclass{article}
\usepackage[utf8]{inputenc}
\usepackage{tikz}
\usepackage{mhchem}
\usepackage{textgreek}
\usetikzlibrary{decorations,decorations.pathreplacing,decorations.pathmorphing}
\begin{document}
\begin{tikzpicture}
\draw (-0.5,-1) node{+}
(-0.5,5) node{-}
(-0.5,5.5) node{Redoxpotential}
(2,-3.7) node{Fotosystem II}
(6,-2) node{Fotosystem I};
\path (0.7,-0.7) node(1) {ljus}
(2,-2) node[rectangle,draw](2) {P680}
(2,3) node(3) {\ce{e-}}
(3,2) node(4) {\ce{QH2}}
(4,1) node(5) {Cyt b$_6$f}
(3,0) node(6) {\ce{H+} lumen}
(5,0) node(7) {Plastocyanin}
(6,-1) node[rectangle,draw](8) {P700}
(7.2,0.2) node(9) {ljus}
(6,4) node(10) {\ce{e-}}
(7.5,2.5) node(11) {\ce{e-}-redoxin (Fd)};
\draw[decorate, decoration={snake},draw=red,->] (1) -- (2);
\draw[->] (1.5,-2.74) to[out=60,in=180] (2,-2.24) to[out=0,in=120] (2.5,-2.74);
\draw (1.3,-2.94) node[]{\ce{2H2O}} (2.98,-2.907)node[]{\ce{O2 + 4H+}};
\draw[->] (2) -- (3);
\draw[->] (3) -- node[midway,right]{\ce{e-}-transportkedja} (4);
\draw[->] (4) -- (5);
\draw[->] (5) -- (6);
\draw[->] (5) -- (7);
\draw[->] (7) -- (8);
\draw[decorate, decoration={snake},draw=red,->] (9) -- (8);
\draw[->] (8) -- (10);
\draw[->] (10) -- node[midway,right]{\ce{e-}-transportkedja} (11);
\draw[->] (11) -- (8.5,1.5);
\draw[->] (8.15,0.95) node[below]{NADP} to[out=75,in=215] (8.5,1.5) to[out=35,in=190] (9.1,1.7) node[right]{NADPH};
\draw (7.6,0) node[right]{\ce{2Fd + NADP -> 2Fd + NADPH}};
\draw[dotted,->] (11) -- (5);
\end{tikzpicture}
\end{document}
