Making an Aqua Style

Make a new document, 1000x1000 pixels, white background

Get the type tool from the left menu and select the "Tahoma" font.

Now type your desired text. I used tahoma 120 points, black color.

Now enter the layer style. We will start to build this aqua style. First go check the stroke and give it a dark blue color. I used #00138e

Now go and check the "Gradient overlay". Give it a gradient overlay from a dark blue to a lighter blue, like in my example.

Now to cover a little the gradient, go to color overlay, choose a medium blue color and drag the opacity slider to about 70-75%.

To "paint" a little the text, go to satin and use a light blue on Linear dodge.

Give a little bevel like in my example. Starting to look like aqua, no?

Now use a little inner glow, inner shadow and drop shadow. You can play with my values or you can build your own aqua style. You're done.

PS. You can save your newly created aqua style to for future use. In the Layer style dialogue, press "new style" and in the window that will appear, give it a name and hit OK. Your style is saved.