1. Begin with a new file, 500×500, with a transparent background. Now press D to reset the colors.

2. Go to Filter>Render>Clouds, then go to Filter>Blur>Radial Blur and set the Amount to 40, Blur Method Spin and Quality Best. Then go to Filter>Blur>Gaussian Blur and set the Radius 1,5 pixels.

3. Now go to Filter>Sketch>Bas Relief and set Detail to 14 and Smoothness to 3. Then go to Filter>Sketch>Chrome and set Detail to 3 and Smoothness 3.

4. Now press Ctrl+U and then apply this settings.

And that’s it you are done! This is what I came up with.