Burning Ring

1. Open a new document sized (height:368px and width:401px) - then create a black circle centered in the middle of the document, do this using the 'Elliptical Marquee Tool':

2. Click 'Filter' > 'Distort' > 'Polar Coordinates' change the value to 'Polar to Rectangular'. Now rotate the image 90° clockwise, to do this we click 'Image' > 'Rotate Canvas' > '90° CW'.

3. Now the wind filter, click 'Filter' > 'Stylize' > 'Wind' and enter these values (method:wind; direction:from the left) then click ok. Repeat this step 2 MORE times, and you will get:

4. We rotate the image 90° anti-clockwise, click 'Image' > 'Rotate Canvas' > '90° CCW'. Now duplicate our layer and rotate it 180° ('Edit' > 'Transform' > 'Rotate 180°') change the layer mode to 'Difference' - merge these two layers by pressing 'Ctrl and E'.

5. We use 'Filter' > 'Distort' > 'Polar Coordinates'. Change the values to:

6. Duplicate the layer and rotate it '90° CC' - click 'Image' > 'Rotate Canvas' > '90° CC' - set the mode to 'Vivid Light'.

7. Now to add the color.. Select the background layer as shown above and press 'Ctrl' and 'U' - this will bring the hue/saturation window up, change the values to:

8. Now lets add color to the front layer, so select the 'front layer' and again press 'Ctrl' and 'U' - enter these values:

9. Final Result: