Hate to say it but it sounds like u need a new TC or a whole new trans. You can try some drain and fills (ATX drain and fill on the top of the transaxle forum) but I can not guarantee that anything will change. It did help my car slipping out. Also if you decide to do the drain and fills...put a bottle of lucus trans fix in there too. Any more questions you can PM me if you wish.
1998.5 SVT contour #5979 3L

1995 Mercury Mystique 2.5L auto, all ghetto fo sho