Double check your owners manual for proper ATF designation but I do believe Mercon V is the only acceptable fluid for that year.
Brand wise choose a good quality----I actually found Motorcraft at my dealer for just about $2 less per quart than anywhere else I checked----I was stunned and of course pleasantly surprised.
Castrol would also be a good choice if its available in Germany.
Yes. Checked it with engine warm and running. Going through gears. Just not for 10s ...!?
Only needed to hold it in each gear if you just started it up and its cold. If its warm, then it doesn't really matter, since each fluid path pressurizes immediately when its warm.