from another unique invention somewhat older than the historic Japanese rice trade, but born of that same endless observation of prices and markets. The Danielcode is a series of sequential numbers created from the writings in the Book of Daniel in about 640BC. Daniels numbers are about "time" but they operate on many levels. The Danielcode takes the timing component of the modern markets" movements and converts them into unique price levels which markets recognise but which are unknown to others.

The Danielcode is equally effective on long term charts and short term charts. Last year the Danielcode picked the July high in NZD-JPY the basis of the ubiquitous Uridashi trade almost to the tick and the day! On 25th July 2007 the following ALERT was issued to Danielcodeto slash so-called carry trades.

Don't believe for a moment that markets follow the news. The Daniel numbers are created purely from market prices. They don't even read the news! The Daniel numbers established the high probability of these huge market moves before they happened and clients were advised accordingly. News follows the markets. Soon the litany of losses from those who did not have the Danielcode edge were being reported:

Aug. 20 (Bloomberg) -- A doubling in currency volatility since June has knocked the "carry trade" off its perch as the most profitable strategy in foreign exchange, hurting investors from John W. Henry & Co. to Campbell & Co.

In one of the more popular carry trades, a U.S. investor who borrowed in yen to buy high-yielding Australian dollars enjoyed