Evilqueen, to properly answer your question we need to better understand your goals.
I assume you're trying to loose weight and body fat?
If so, yes, you need a calorie deficit. In your last post you indicated your maintenance
is 12 x bodyweight (1440 cal). Your maintenance caloric intake is actually 15 x bodyweight.
12 x bodweight will give you a fairly aggressive deficit, and you should certainly loose
body fat if you stick with that plan. If your activity level is high (lots of cardio and
3-4 intense weight session/week) you should rapidly see results.
Pink233 has given you some great advice. Follow what she' suggested.
Be sure to get your unsaturated fats (flax oil, fish oil, almonds etc), eat lots of
veggies, drink lots of water, cardio in the morning on an empty
stomache (with ECA stack, if you want), hit the weights.
Be patient, give a few weeks, but stick to it.
Let us know how you're progressing.