Shadow In Motion Tutorial

Photoshop Shortcuts:
Apple+U : Hue/Saturation

Apple+T : Free Transform

Options+Delete : Changes color to image in your background

Apple+J :Duplicate Layer

Apple+E : Merge

Apple+F : Run through last filter
Apple+V : Paste

Apple+C : Copy

Apple+Z: Undo

Apple+X : Cut

Apple+N: New Document

Apple+A:Select All

Step 1 : Tap the letter D to change your foreground color to black. Hold down the options key and tap the delete key. Type your text using a medium gray color(#666666). 

Step 2 : Duplicate your type layer by using the Apple+J shortcut. Rasterize your layer.

Step 3 : Go under the Filter menu, under pixelate , choose Fragment. Run this Filter two more times by using the Apple+F shortcut.

Step 4 : Press Apple+T. In the options bar,  change the width and height to 130%.

Step 5 : Click on your original type layer and rasterize it. Click on the top layer and press Apple+E to merge the two layers.

Step 6 : To colorize your type , press Apple+ U to bring up Hue/ Saturation. Click the colorize check box and make the hue slider to the color you'd like.