Remember that this is a 4 cycle engine so it takes 2 full revolutions of the engine to complete 1 full cycle. The implication for setting the static timing is that you have to be on the correct TDC.
Specifically, you set static timing (typically BTDC) on the firing stroke for cylinder #1. To determine that you are on the firing stroke and not the intake stroke, remove the valve cover and the spark plug for #1. The timing marks should be starting to line up, the piston will be visible through the spark plug hole, and the rocker arms above that cylinder will be "loose". You should be able to wiggle the arms which means the valve springs are not compressed.
Most engines will start on a static timing setting between 5 and 8 degrees BTDC. Many of our older cars will only specify a static timing figure, some will specify a static figure for getting the engine started and then a dynamic timing figure for final tuning. All those figures should be considered starting points, not carved in stone. The published values were determined as compromise figures for an average, new, as-built engine at the time of manufacture. Chances are your engine isn't what it was when it left the factory and fuels have changed.
A more realistic timing can be determined by getting the engine started and up to temperature followed by using the idle speed screws to bring the engine to about 4000 RPM. Use an "advance type" timing light to set the advance to 32 BTDC then lock the distributor down and return the car to a normal idle speed. Test drive the car by accelerating uphill in too high a gear while listening for pinging and knocking. If any bad noises are heard, retard the timing by 2 degrees and repeat your test drive. Keep doing this until no more bad sounds come from stressing the engine. When you reach that point, record what the advance is at idle and record the idle speed you measured the advance at. You have now found the maximum advance your engine can handle for its current condition, state of build, and fuel you use. If you change the build spec or fuel you are using (say dropping from premium to regular) you will need to reset the timing to match the change in fuel.
As far as which of the pointer marks you need to use, I cannot say. I am not sure if your pulleys on the TR6 are marked the same as on our GT6. I would think the manual should show a few pictures explaining which mark is which.
EDIT:
Poolboy added some pics and info about the timing marks at the page in the link below.
https://www.triumphexperience.com/phorum/read.php?2,710268,page=1
and Paul Rego added more information here...
https://www.britishcarforum.com/bcf...-Does-your-TR6-have-timing-degree-marks/page2