We'll begin this tutorial, by creating a new canvas with a size of your choice. Now hit "X" then "D" on your keyboard to make the foreground black and background white. Next select the text tool and choose the text you wish to work with. I chose "Palatino" as text at a size of 91.
Right click on the newly made text layer and select "Blending Options" then click on "Drop Shadow".
Do not click OK yet... still more to do
Now click on "Inner Glow".
Do not click OK yet... still more to do.
Now click on "Bevel and Emboss".
Do not click OK yet... still more to do.
Go ahead and adjust the graph so it is the same as mine.
Click OK .
Now click on "Color Overlay".
You may now click OK.
The Results!!!
More Tutorials: 
