Yes, you can advance the timing on a 1995 GT. You should have a timing light. Pull the spout plug, loosen the distributor bolt slightly, and tap it to bump it forward. You just need to crack the bolt loose, don't unscrew it.
I don't know enough about the auto shift kits to tell you if they all adjust the same. I would suggest finding out which kit you have and looking for the directions on the net.
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