My new site
is done as follows:
[ URL="http://new.outlawdivers.org.uk" ][ COLOR="Orange" ][ U] My new site[ /U ][ /COLOR ][ /URL ]
take the spaces away from the [ and ] though
or write the text select it then under line it, select it and the under line tag, colour it select it and the under line tag and the color tag,and then hit the link button.
The will give you the code above