This is my final decision on what font I will be using and I have used the below posters to help me decide this as I found that looking at actual horror posters would show me the types of fonts I should consider using.
I like these two serif fonts as they are clear and bold fonts used in these posters, however they both have a interesting element too them like the line going through the middle or the 'blood splatter' type look which adds an edge, mine has this from the fact it looks abit like where it is set in a forest as it has a bark type effect to it.
Colour Scheme
This is what I have created on AdobeKuler to show what colours I am going to use on my posted, I have used dark colours like black and contrasted this with white, I have them implemented a bright red colour as this is the colour I think is most remindful of my genre of horror as its the same colour as e.g. blood.
Above is the flat plan which I have created for my film poster so I know what I want it to look like and have planned it ready to create properly on Photoshop.