After some experiments I find this setup to be ideal for me. Maybe it will help you guys as well. It's good for playing and for recording with balanced Teamspeak, game and microphone input. Of course it depends on your hardware but if you face balancing problems as I did, it's a good place to start tweaking from.
Master volume 56%
Earphone - around 50%
Windows mixer:
Master volume 56%
Earphone - around 50%
Windows mixer:
The fewer men, the greater share of honor