Gradient’s parameters:

Make three copies of the last represented layer and choose Free Transform option to make smaller the necessary copies and place them above the fir tree’s decorations:

Now we have to represent the thread the decorations hang up with. It’s necessary in this case to select the Line Tool (U). The threads’ layers should be placed lower than the layers containing the toy decorations. Select also the next color for the threads: #7B7B7B

Begin paining the fir tree’s toys. On the next layer we’ll apply the Pen Tool (P) and the Convert Point Tool for making necessary corrections on the elements’ shapes:

The layer’s parameters: Blending Options>Gradient Overlay

Gradient’s parameters:

Using the last chosen method and the same parameters, it’s necessary to represent another ornament, having the fir tree’s shape:

Take the same Pen Tool (P) to represent another fir tree’s ornament on the decoration, by representing firstly the ornaments outside edges and only after that using the tool’s regime.

Cut out the inside part of the fir tree’s ornament:

The layer’s parameters: Blending Options>Drop Shadow

Blending Options>Gradient Overlay

Gradient’s parameters:

Choose one more time the Custom Shape Tool (U) for representing the snowflakes of white color on the yellow toy decoration:

Make a mouse click on this layer on Add a Mask option on the lowest part of the layers’ panel. Select after that the standard brush of black color to paint the coming outside the ball’s edges snowflakes zones:

Select the same Custom Shape Tool (U) and press SHIFT button to draw several small stars of different sizes and white color. The new ornaments are reserved for the blue toy decoration:

Take the Ellipse Tool (U) to draw a moon of white color. Firstly it’s necessary to draw its basis and then press Alt button to move off the unnecessary elements: