Code 95 Key On, Engine not Running - the following test path is for 86-90 model Mustangs.
The 95 code is because at one time or another, the fuel pump relay hiccupped and didn't provide power the pump when the computer told it to run. Sometimes this is a one time thing, other times it is a no run or runs poorly condition.
Using the diagram, check the red/black wire from the fuel pump relay: you should see 12 volts or so. If not, check the inertia switch: on a hatch it is on the driver’s side by the taillight. Look for a black rubber plug that pops out: if you don't find it, then loosen up the plastic trim. Check for voltage on both sides of the switch. If there is voltage on both sides, then check the Pink/black wire on the fuel pump relay: it is the power feed to the fuel pump. No voltage there, check the Orange/Lt blue wire, it is the power feed to the fuel pump relay & has a fuse link in it. If there is good voltage there & at the Pink/black wire, swap the relay.
Some Mass Air conversions neglect to run the extra fuel pump wire, and they always have a 95 code. See
http://www.stangnet.com/tech/maf/massairconversion.html for more information on the Mass Air wiring conversion.
See the following website for some help from Tmoss (diagram designer) & Stang&2Birds (website host) for help on 88-95 wiring
http://www.veryuseful.com/mustang/tech/engine/ Everyone should bookmark this site.
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