Step 1. Open a new image in RGB mode. The 2004 SVT Mustang Cobra convertible awaits modifications. Press "d" to set the foreground color to black.

Step 2. Add and position your type (Monotype Corsiva).

Step 3. Cntrl + Click on your type layer to load the selection, than lower the opacity and fill to 31%.

Step 4. Select > Modify > Border > 2 pixels (x2).

Step 5. Add Inner Glow with the settings: Blend Mode > Normal, Opacity > 100%, Elements > Technique > Softer, Size > 5 and Quality > Range > 50%.

Step 6. Add Bevel & Emboss with the following settings: Style > Stroke Emboss, Technique > Smooth, Size > 5, Depth > 201%, Highlight Mode > Screen, Opacity > 75%, Shadow Mode > Multiply, Opacity > 75%.

Step 7. Add a Drop Shadow with the following settings: Blend Mode > Multiply, Opacity > 60%, Distance > 6, Size > 4 and choose "Ring" (second choice from the bottom row left) from the Contour menu.

The finished product. See the finished product in its original size.