1. Make sure you have black as you forground colour and apply the text on a seperate layer.
2. Copy the text layer and change the colour on the text to white. Move the text 1 pixel down and 1 pixel to the right using the arrow keys. Change the layer mode from Normal to Soft Light.
3. The last thing you have to do is to change the opacity of the black textlayer to ca. 60%

10 Random Photoshop Text Effects :
10 Random TutorialKit Materials:












More Photoshop: