It's simple:
Start your car and let it idle for 1- to 15 minutes. Then it's at operating temp.
You don't have to watch rpm all the time. At cold idle it will be around 1700rpm (more or less) and the rpms will drop as the car warms up.
Just confirm that the car is idling somewhere between 650 and 800 rpm before setting timing. if idle is high, check for vacuum leaks first.
When the car is warm, connect the T1 and TE1 using a short wire or paperclip or something.
After that, connect your light to the 1st or 6th spark plug wire. Don't disconnect any hoses and keep the car running if you can.
Then loosen the CPS arm bolt. Check timing and see if it is around 10 degrees BTDC. The numbers are on the lower cambelt cover (the metal part).
If the timing is off, move the cps arm (while the engine is running ofcourse) until you get it right. Do not use your ear. use your eyes. tuning by ear is for those shitty-built GM V8 engines.
If you get the timing at 10 degrees btdc, tighthen the bolt. If you cannot get it right, please shut down the engine, remove and re-insert the CPS properly. After that check the timing again until you get it right.
While the engine is still running remove the wire between the T1 and TE1 on your diagnose connector. Check if the timing goes from 10 degrees btdc to about 13 degrees btdc. Then the timing will be correct.
Good luck.
