Water Text Effect

This photoshop tutorial will show you how to create Water Text Effect.

Step 1: Open an Image. I use under sea picture.

Step 2: Select Type Tool and type out the text you want with white color. I choose for this text effect font name 'Cooper Lt BT' with size 60 pt.

Step 3: Now in layer palette set 'Fill' to '0%'.

Step 4: Apply layer style now, go to Layer> Layer Style and apply Drop Shadow, Inner Shaddow, Inner Glow, Bevel and Emboss, Satin and Stroke.

Here's the final result!