Well if its 2 lights its not so bad disconnect everything from you Xbox and i mean everything. Then you need to clean out the vents so that your xbox is free of dust and take out the hard drive and put in back in. Then connect all the accessories back together and it will work again.
Two red lights mean that the Xbox 360 is overheating. This is not caused by the hard drive but more likely by the location that the xbox is in, or if it was run for an overly extended period of time. The hard drive is still usable and can be safely used on the new xbox.
that means you got two of the four parts of the red ring of death
There is an error with your Xbox probably due to overheating or a wire is a bit loose hope helps
If you mean that all the lights turn red, this is an AV cable fault (i.e, buy a new one, or plug it back in), if there are three, then this is a general hardware failure, also known as "the red ring of death", and you should send this back to microsoft ASAP, two means that the xbox is/has overheating/overheated, and the one light is a hardware failure, but an error code will show on screen, contrary to the three red lights, where there is nothing you can do about it, you can quote the code and tell microsoft.
If you get the Xbox 360 two red lights malfunction, you shouldn't worry. The Xbox 360 two red lights malfunction just indicates that the system is overheated. Make sure the air vents are clear and put the unit in an open area to let it cool down.
There are two backup lights next to the red tail lights.
Your cords in the back are not connected well or your XBox is dieing.
So what you can do before you do anything disconnect everything from your xbox that is attached to it, Pull out the hard drive then clean the xbox very well with air dust can then put it back together put in harddrive and attach all the accessories back and now it should work just fine good job
your console is overheating/ has overheated.
WARNING! THIS IS ONLY A TEMPORARY FIX! YOU WILL EVENTUALLY HAVE TO TAKE IN YOUR XBOX360! To temporarily repair the E74 rrod error on the xbox360, you will need: 1. A broken Xbox360 2. Two paperclips First, take the two paper clips and fold them out until they are straight. Now, take the paperclips and stick them in the back of the xbox where the fans are and block them. Then, turn on the xbox. You will see the red light. Come back to the xbox in about 15-30 minutes. Now, you should see two red lights. Turn off your xbox. Leave off for 10-15 minutes or when cool. Your xbox should be good for a couple of plays until you have to repeat the process again.
Xbox LIVE
it is the red ring of death try wrapping it in a towel