I use leaded line 18 pound test and I will drop out 90 feet which will put me at a depth of 45. Check your local fish shops and see what depths they reccomend for your fishing area. I use a Wedding Ring topped with maggets and i use jack loyd attractants.

That is just what i use.

Your set up should be just fine though, but because you have regular line you are going to need to put some banana weights or something similar to reach your required depth.

Troll as slow as possible in an "S" shape between your two target points.

good luck and i hope i was at least a little help...