[jQuery] Attaching methods to identical forms, but only invoking the method on the current form

[Stephen]

Hi,
I have a form that is repeated through out the page by the backend,
which I have no control over.
<form action="">
<textarea class="your_comment" rows="10" cols="70"></textarea>
<a href="#" class="comment_form_cancel">Cancel</a>
</form>

I want to attach an event to the link to clear the textarea.
$(".comment_form_cancel").live("click", function(event) {
        $(".your_comment").val('');
        event.preventDefault();
});

This method would be attached to all instances of the form.  However,
I would like only the form the user is currently working on to trigger
the method.  For example, if there are 3 forms, I click the cancel
link on the 3rd form, the clearing should only happen on the 3rd form,
not all forms.  Is there a way to do this?

Thanks,
Stephen