I was the one who had the problems with the RABS valve.
The way to check your ABS code is to ground the electrical plug that's located under your dash (near the parking brake pedal). According to Chilton's, all you need to do is turn your ignition switch to the 'run' position, ground the plug for one to two seconds and your 'Rear Antilock' light will start flashing. The code will be finished with a long flash. Example: if you get three short flashes followed by a long flash, the code number is four. If you get five short flashes followed by a long flash, the code number is six, etc.
However, I was not able to get my 'Rear Antilock' light to flash just by switching my ignition to the 'run' position and grounding the plug. It wouldn't flash until the light had come on while driving. It wasn't until then I was able to get it to flash a code.
IIRC the wire you're looking for is black with an orange stripe. According to Chilton's, it's supposed to be plugged in to another wire, but mine was just hanging, not plugged in to anything.
Hope this helps.
Here's a link to the original post:
http://www.oilburners.net/forums/showthread.php?t=40268
EDIT: Your truck may have the RABS II ABS set-up, I'm not sure. I think it was right around there Ford went from the first gen ABS to the second. If you can't find a black wire with an orange stripe anywhere near your parking brake pedal, you probably have RABS II. The control module for that system is behind the glove box, I can't remember how you obtain a code from that system.