The transmission does not have a drain plug so I used a hand pump to remove some of the transmission fluid and replace it with new MERCONV Automatic Transmission fluid. The red hose was not long enough to reach the fluid so i had to go buy another hose that was longer to get it to work.
Parts
Katzco Liquid Transfer/Siphon Hand Pump Manual Plastic Sucker Pump With Two 50 x ½ Inch Hoses For Gas, Oil, Air, Other Fluids Use In Case Of Emergency
Genuine Ford XT55QM MERCONV Automatic Transmission and Power Steering Fluid 5 Quart