Screw the valve all the way in to bleed the brakes. When you are finished and have consistently hard pedal, screw the valve out all the way and then screw it back in 3 turns.
Next comes the fun part. With about a 1/2 tank of gas & whatever "stuff" (tools, jack, trouble lights, etc.) you would normally carry. Prepare to do some brake testing. Find a place that you can get up to 30 MPH and do some repeated panic stops without attracting too much attention. Make sure that there isn't anything you can collide with if the stops get too much out of control.
Do a series of 30 MPH panic stops, and note when the back wheels lock up. The tire marks on the pavement are a good indication of braking action; all 4 wheels should lock at the same time. If the rear feels like it wants to swing around, turn the valve out 1/2 turn and try again. You will get to spend some time and effort trying one setting and then another.