1. Ok first Open a new Document 400*400 The background can be White or Transparent
2. Then put the text do you want In White <-- It have to be White!!
3. Then Rasterize Layer: Layer > Rasterize > Type..
4. Next go to Layer > Layer Style > Blending Options
And use the next presets:
Click to enlarge
Use the colors of Highlight mode and Shadow mode the same as your background, or colors you want, they don't have to be the same
Click to enlarge
Use the same colors you have used before for the Gradient in the Stroke
Click to enlarge
Then Is finished. I use Fontdiner.com Loungy <-- you can download it in: dafont.com
This is a final Result with an Image and Background:
Click to enlarge
Click to enlarge
