Very simple and nice :)
Creat new BLACK document
Get good set of grunge brushes. Of course you can use one, like this: http://rapidshare.de/files/13168612/crazymind_brushes.abr.html
But if you will mix few sets it will looks better.
Use small sizes of brushes (~50) and draw flame-alike shape:
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Color Balance |  |
Click
Layer>New Adjustment Layer>Color Balance
and set values to:
Shadows: 0 0 0
Midtones: +100; -39; -97
Highlights: +93; +1; -35
Voila:
and 2nd version:
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Hint |  |
If u see too bright or too dark areas, use Burn and Dodge tools ;)