I think the best would be to do all red, but then have some of those red plants be varigated or just plants with a lot of red highlighting.
Things I'd throw into a tank like this are R. macrandra Japan Red, R. Sunset, L. Atlantis, L. Pantanal, L. glandulousa, Lagenandra meeboldii Pink, certain red crypt species, different lotus species that are mainly red, Red varients of sword plants such as Red Rubin, Aflame (which is near black), and things like that.
You get different shades of red, some green tinges, but you still have a ton of red and enough contrast to make it pleasing to the eye.
Only problem is foreground....no clue what would work color wise in a tank like this.
Also, you would be required to have a high tech tank, preferably one that has a dirt substrate.
For fish, I would choose things that are a contrasting color actually, aim for blues and such. I think green neons would be fantastic, or certain angelfish strains......
Or even EBJD if you wanted to be that guy that everyone is jealous of :P