-Make a new document 400x150 or any deminsions u want but the effect may vary if u choose a different size.
-Filter>Render>Clouds
-Filter>Render>Difference Clouds, Choose the clouds u want, u can change the way they look by hitting CTRL + F
-Filter>Artistic>Film Grain, Settings: Grain:5, Highlight Area:0, Intensity: 10
-Filter>Brush Strokes>Dark Strokes, Settings: Balance: 5, Black Intesity: 5, and White intensity: 2
-Filter>Artistic>Neon Glow, I went with Dark red and the settings: Glow size: 7 and Glow Brightness: 15, but u can do this anyway u want.
-Copy the current Layer
-Image>Adjustments>Invert
-Set the mode of the copied layer to Difference
-Hit CTRL + E to Merge the layers into one
-Now i messed around with the hue, u can do this too, hit CTRL + U on your keyboard click colorize and just mess around with it till u like the color.
-In the end i got this:

-After a bit of playing around with brushes and putting some pictures in it, i got this:

I hope u enjoyed my tut and have a good time with it