As you rotate the engine clockwise looking at the points you should see through a circular hole where the static mark is, in order, two lines slightly apart; "F" with a line; "T" with a line
NOW there are TWO "SETS" of marks, one labeled 1-4 the other 2-3.
The two lines are for checking the advance with a strobe;
The "F" is for points opening (FIRE);
The "T" is for Top Dead Centre (Cam Timing).
Both "F" & "T" are when the respective LINE joins with the static mark NOT the letter.
Hope that helps.
PS Points gap is 0.35mm or 14 thou and WILL alter when you rotate the points plate-----It takes some time and/or practice to get both gap and timing EXACTLY right