1.First Create a document, the size doesnt matter as long as you can fit some big text into it

2.Press D to reset colors

3.Write the text in making it big, i used Arial, doesnt matter what color it is. and add whatever effects you would do to some text, i done drop shadow and bevel emboss



4.Create a new layer

5.Go to Filter>Render>Clouds, keep pressing ctrl+F until u like the cloud pattern

6.Now Press Shift Ctrl and X to go to liquify, or go to Filter>Liquify

7.Using settings brush size-50, brush density 100 and pressure 100, just smudge all of the picture until u like what it looks like(the effect depends on the clouds in step 4



8.Go to Filter>Sketch>chrome and use whatever settings you feel look good, i used detail-5, smoothness-10



9.Go to Hue and saturation and colorize it

10. Now go to the layer menu and while holding ALT left click between the 2 layers

heres what i got, of course it doesnt have to be the plastic effect, you could put a picture in the text or brushing its up to you



i was gonna put a psd example up aswell but it wouldnt let me because of my group, no matter seems pretty simple to follow

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Cool effect :), gj ^_^

Cool Effect this is my result:



I like it ;)

the only thing is the text has to be big to get the full effect, but i suppose you could scale it afterwards

lol... i like the font.. maybe another more thiker... but now its ok

the bigger and thicker the text the btter i think