Notepad++ Portable Run F5 does not work properly

Hi everybody,
I am trying to use Notepad++ with LaTeX. It should be possible to use the run (F5) command to enter something like

cmd /c cd /d "$(CURRENT_DIRECTORY)" && pdflatex.exe -shell-escape "$(FILE_NAME)"

In my Windows XP environment, the shell opens in the Notepad++ install directory, but everything after cmd does not seem to have any effect at all. Even if I only write

cmd cd..

nothing changes.
Thanky for your replies,
Bop