Wait for the drywall compound to completely dry. This may take 12 to 24 hours. Apply a base coat of acrylic or latex eggshell paint in a light color that complements the color selected for your glaze and allow it to dry to the touch.
Pour your glaze into a 5-gallon bucket and add paint. One part paint for every 4 parts glaze is the typical ratio. This means to add 2 pints of acrylic or latex paint to a gallon of glaze. Mix well.
Brush the glaze on a 3-by-3-foot section of the wall. Immediately begin to wipe the wall with a rag. This will remove some of the glaze from the more textured areas while leaving the untextured areas darker. A large sponge also works well for this technique.
Paint your next 3-by-3-foot area, touching the edge of the first. Allow your rag to cross over the line between the two, blending the seam.
Repeat until the entire wall has been glazed. Allow to dry for up to 24 hours before touching.