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Photoshop Elements 3
Translatable
Easy-Medium
Uses layers, blend modes and textures.
The base.

Duplicate the base twice.
Set one layer to Soft Light, 100%.
The other layer to Screen, 50%.
(I actually did this after I added all the textures because then it was easier to see how light I wanted my base to be.)
Create a new layer.
Flood fill it with a dark blue.
Set to Exclusion, 100%.

Add texture #1.

(All the textures that are used in this tutorial were made by
soaked.)Set to Exclusion, 100%.
Drag the layer down.

(I dragged the layer down because the lights were covering the whole icon and I only wanted part of the bottom covered.)
Add texture #2.

Set to Multiply, 100%.
Drag the layer to the right.

(I dragged the layer to the right because I didn't like the text to be in the center, I wanted it in the top right corner.)
Multiply the layer with the texture.
Drag it to the left.

(This is to fill up the gap and I like the way the two halfs of texture #2 now make it look like a fold.)
Add texture #3.

Set to Soft Light, 100%.

Put the layer with texture #3 between the two layers with the two halves of texture #2.

(I think this makes the left part of the icon look more in balance with the rest.)
Merge all your layers.
Up the contrast a bit.
