1. Create new file with black background.
2. Set your foreground color to #CE3D2A, create new layer and write your desired text. Try to keep it large for best effect. I've used "Baby Kruffy" fonts set to 100pt
3. Rasterize your layer and apply following blending options. If you used different size fonts you may need to corect some settings like "size" and "Depth" in "Bevel and Emboss".



4. After those couple simple steps your text is finished. If it doesn't look like mine than it means that you propably used different fonts or size so you need to play a little with blending settings to get your desired look. I've added also simple reflection for better result and here is what I came with.
