Backup plan with True Image 11

I use True Image 11.0 Home for a very long time now now. I used to use Win XP for a very long time too. I changed to Win 7 x64 earlier this year and had to reinstall all my programs.

I'm a little embarrassed to say I can't remember how I set up the backup plan I used all the years with Ti 11 and XP.

The way it used to work is Acronis took a full backup every day and when the backups filled the space, it would delete the old and carry on with a new full backup. The backup files had names similar to this: 2014_06_04_01_45_15_703D.TIB and there was a control file called acronis_backup_place.cfg

Now I cannot seem to set up a similar operation. Can anyone help me remember how I did that?