The final result:
Open photoshop and make a new file- 769*430. Create a new layer that will be named- Gradient. Fill it with the paint bucket in any color, then click twice on the layer to go to the layer blending option- go to gradient and use this color scheme:
" title="a" class="alignnone" width="620" height="372" />
Step 2:
Create a new text layer with the logo text, for example I used TutorialsKingdom.
Set the following blending options on the layer:
If you followed the steps correctly the result till this moment should be like this:
Step 3:
Go to the text layer and and make a copy of it (you can click ctrl+j once you are on the layer and it will make a duplicate). Click once on the copy text layer and then go to- Edit- Transform- Flip vertical, this will flip your copy layer and you can name this layer- reflection.
To make the reflection do the following steps:
1- Transform the location of the new layer till it sits perfectly to the opposite of the original text layer.
2- Set the opacity of the layer to be- 15% (you can play with this to see how it goes)
3- Go to the layer blending option (by clicking the layer twice), in there go to the gradient and set the following options:
Step 4:
After You are done with the reflection create a new layer about the original text layer of the logo. Go to your tools bar and select the Elliptical marquee tool. make a circle like this:
Step 5:
Use the paint bucket tool and fill the circle with white color- #fffffff
Set the layer opacity to- 27%
Step 6:
Now you need to make a selection of the original text only, to do this you just need to hold the ctrl key and while holding him you need to click on the original text layer- this will make a selection of the text only. After you make the selection go to the circle layer and click on her once to this will select this layer on the layer plate while the selection is still on the text only. Go to Select- Inverse and click Delete.
That's all! you now have a great looking web 2.0 style logo!