1996 Honda Odyssey valve timing marks

Engine Mechanical problem
1996 Honda Odyssey 4 cyl Front Wheel Drive Automatic

Helping a friend with his timing belt replacement. The book is showing obscure timing marks. So far we have the camshaft set where the valves of number 1 cylinder are closed. If we then set the crank pulley with keyway pointing up, will that be correct timing? So far, our settings have produced zero compression at number 1 cylinder. The engine ran ok before. Water pump was bad. Help!