Two Red Lights Flashing on you Xbox 360 Console

If suddenly while you are playing you get two quadrants of the ROL (Ring of Light) around the power button of you Xbox 360 console flashing red, this is an indicator that your Xbox 360 console is overheating some how.

That will be due to one of the following reasons:

1. You set your Xbox 360 console near to any heat source or electrical device.
2. Your xbox 360 console is not set in a well ventilated area.
3. There is something blocking the fan openings on your Xbox 360 console.
4. You are using the Xbox 360 external fan, and basically that's a third party accessory so it sometimes harm the Xbox 360 console.

So, try eliminating all these reasons & if you are still experiencing the same behaviour then you have to contact Xbox 360 customer support to exchange your console or even to get it repaired.