^lovecore is correct, check your input level.
For me, I use just an Ableton Live Lite 8, but had no trouble about my input level.
1)
Check your preamp level (from your audio interface),
Check also your guitar track input level(from AL7 Session view),
in just about peaking the yellow/red threshold when hitting hard on the strings on max. guitar volume knob.
I mean, when yellow/red threshold na, lower the preamp level a little.
2)
Also, if your tracking your guitar in one track... might as well, do it for another track... then...
you can pan hard L or hard R for each track.
3) Lastly, EQ.
this would help...
http://www.recordingwebsite.com/articles/eqprimer.phpThen, you can use the EQ presets in your Ableton folders.
Happy recording.
BR & God bless