Whenever there are some Xbox 360 red lights flashing it means that something wrong is happening right now with your game console. You should not disregard the warnings even if there are only one or two lights that flash.
If only you can see one of the Xbox 360 red lights flashing it means that there is something wrong with the game CD you have inserted or that there is a component inside the Xbox that has been damaged. This is usually indicated by the lower right light. Unfortunately, if the light does not turn off after letting the system cool a bit, you might have to replace something inside the console.
In case there are two Xbox 360 red lights flashing you might get away easily. The lights on the left side will usually flash if the console is overheated. This happens quite often with Microsoft's consoles, especially when they are used for more that 2-3 hours and most frequently in the summer. The logical thing to do is to turn it off and then let it cool down completely before using it again.
If you see three Xbox 360 red lights flashing then you might have a problem with the power supply. Check if the cable is inserted correctly and also check the power tension and quality. You might need to replace some wires in the electrical system of your home or change power supplies.
If the lights are still on after trying all these, then you might need a personalized Xbox 360 red lights flashing solution. There are plenty of advisors around the internet and you can get virtual help and guidance with many written materials, all aimed to help you fix the console at home, in no more than 60 minutes.
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