If we're talking about the same part, it should be located on the driver side fenderwell, tucked up underneath a long, thin rectangular 'hood' that also contains the fuel pump relay and computer test connectors.
1989 F150 XLT standard-cab shortbed 4x4, 5.0L, AOD, 3.55 gears, manual hubs, 31x10.50 tires, 218K miles. Repainted Oct09. SOLD - Jan2015
2014 F150 XLT standard-cab shortbed 4x4, 5.0L, 6-speed auto, 3.55 gears, auto hubs, locking diff, trailer pkg, 5K miles.