I would recommend that you buy a Honda service manual:
www.helminc.com
The D16 engines are 12 deg +/- 2 deg BTDC. (The B16A2 is 16 +/-2 deg.)
There are four marks on the crankshaft. (Note, there is a gunsight-type thingy so that you can eliminate paralax when reading the position on the crankshaft with the timing light.)
Farthest to the right is TDC.
Then there is a cluster of three marks, one red (12 deg.) and two white (10 deg & 14 deg).
I've never really set mine beyond 14.
Set proceedure:
Remove the kick panel next to the passenger door (under the glove box). Behind it you will find a computer and a little green connecter plugged into a rubber "jack" with two wires coming out. Remove the green connector from the jack (Its not actually plugged into anything, its just there for safe keeping.) and bridge the two terminals with a small paperclip.
Start the car (the check engine light will be on - solid) and let it warm up until the radiator fan switches on once. Adjust timing by adjusting the distributor position (there are three mounting bolts to be loosened.) Advance is towards the back of the car, retard towards the front.