Check this out, if it seems like your lift, it will work fine:
http://www.herberts.org/wayne/valk/lowtechlift.htmYou can probably lift it high enough to get the wheel out without
removing the fender and stuff, other people do it that way. I remove
the fender and bags on my Tourer and don't lift very high. I work
alone, and I like not lifting high

Search the tech board if you haven't removed your Valkyrie's
rear wheel yet, there's a bunch of helpful tips and stuff, like:
how do you get the axle out? ? ?

-Mike