That helps.
Are you using some firewall beside the Windows firewall? It may be
blocking the W32time process from getting out. If you are, disable it
temporarily, try again, and figure out how to change it to allow
W32time to get out.
If that is not it. from a command prompt (Start, Run, cmd, OK):
net stop w32time
w32tm.exe /unregister
w32tm.exe /register
net start w32time
Then you should see some stuff in your Event Log for sure.
Try to sync now.