Hi turtle,
First I'll ask: Which camera are you using?
If you are using the K5, it may not be in your best interest to do so depending on the situation. That is a whole other issue
Now onto your post. The histogram (which is displaying the values for the image on the right) does not indicate any highlight clipping whatsoever. If there was clipping, you would see a big spike bunched up at the very right hand side of the image. In fact, you could have gone a little further to the right without losing information!
That being said there are a couple of things to note:
1. Most monitors, especially un-calibrated monitors, do a poor job of displaying the full range of color values, especially at the extremes of light and dark. This is especially true of the panel technology used in most inexpensive LCD monitors: TN. You can make an attempt at fixing that by going through the calibration procedure at this site:
Monitor Calibration.
2. In general red is one of the first colors to clip on a typical sensor because many CCDs are more sensitive to red light than to blue light. This can be a challenge to deal with in scenes with wide dynamic range (very light and very dark in the same image) because in order to keep red from clipping, you under expose the rest of the image. For cameras prone to this type of issue, multiple exposure combination (sometimes called HDR) can be your friend. If that is not an option, i would recommend exposing a bit to the
left and compensating with fill light.