Dave is right, clockwise to increase pressure and lifting power and counter clockwise to reduce the pressure and lifting power. I am surprised that it is that far out of adjustment, normally TLB's are set higher than standard tractors due to the weight (ballast) of the Backhoe.
Start out with 1 full turn clockwise, this will make a substantial difference in curling and lifting power. If you need more, go 1/4 to 1/2 a turn at a time until you are satisfied. Try not to go to far as you will cause other problems such as a bent bucket or blown rod seals.
If you have a quick attach loader, a simple pressure tester can be made from a 3000 psi guage, a short piece of hydraulic hose which should also be rated at 3000 psi working pressure and a hydraulic quick coupler that matches what you have on the tractor.
Plug the test gauge in say the port that raises the loader, start the tractor and with the loader completely disconnected from the tractor, pull back on the joystick slowly (like you are going to raise the loader) until max pressure is seen on the gauge. Compare this to the manufacturers recommended pressure settings and adjust the laoder relief valve as necessary.
Good Luck /forums/images/graemlins/cool.gif
Nailerguy