EFTA00611625.pdf

J.P. N !organ FX & Commodities FOR U.S. CLIENT USE ONLY PAST PERFORMANCE IS NO GUARANTEE OF FUTURE RESULTS. This communication is representative of a previous discussion held between the J.P. Morgan representative and the client regarding the client's interest in Foreign Exchange, Commodity and Rates derivative sample trade ideas. If you no longer wish to receive this communication, please contact your J.P. Morgan representative. This email does not represent a trade order; please contact your J.P. Morgan Investment Specialist to place a trade. Sample Trade Idea: Sell NZDUSD via Forward Contract: Value Date IMMI Sell NZDUSD I .6830 .6830 (1/2 unit) .6400 / -7.8% .6970 (1/2 unit) away average .70540 / -2.2% away Risk 1 to make 3.57 15Jun16 Source: Bloomberg. Data as of 05.06.2016. *does not include 1 month carry, indicative points -13 to 15June16 CATALYST(5) • Technical: The risk of a deeper retracement has increased following the reversal from this week's high which once again held the key .7056/.7110 resistance zone. The .6807/.6788 support zone will now be the key test as it includes last week's low and the channel support from the January low. Sustained breaks define a deeper short term corrective phase allowing a closer test of the .6640 area (200-day MA), if not the critical .6545 range lows from February. • Economic: Chinese import/export data over the weekend, New Zealand inflation expectations, US retail sales & CPI RISK(S) • Continued soft US data, specifically consumer and inflation • Global risk sentiment improvement and continued strong rally in equities CHART(S): NZDUSD Historical Price 0.72 0.71 0.70 0.69 Plij tit 0.68 rP 0.67 I I 1 'il' ili ISO IP 0.65 0.66 /111( 0.64 4 1 0.63 0.62 PP Jul 15 Aug-15 Sep-15 Oct-15 Nov-15 Dec-15 Jan-16 Feb-16 Mar-16 Apr-16 EFTA00611625 Source: Bloomberg, as of 05/03/16 Appendix: Take profit: A take profit order relates to an order to sell a security at a specified price closing out an existing position for a net gain. Stop loss: A stop-loss order relates to an order to sell a security at a specified price designed to limit an investor's loss on a position. Disclaimers This material is a product of an Associated Person on the J.P. Morgan Private Bank's Foreign Exchange, Commodities and Rates Product and Solutions group with responsibilities for the marketing and sale of swaps and OTC financial derivatives. This material is not a product of a J.P. Morgan Research Department and is not a research report and is not intended as such, although it may refer to a J.P. Morgan Research report or research analyst. This material is for the general information of our clients and is a "solicitation" only as that term is used within CFTC Rule 1.71 and 23.605 promulgated under the U.S. Commodity Exchange Act. The information contained herein is as of the date and time noted above and J.P. Morgan does not undertake any obligation to update such information and does not warrant its completeness or accuracy. This material does not purport to contain all of the information that an interested party may desire and may provide only a limited view of a particular market. Transactions involving securities and financial instruments mentioned herein may not be suitable for all investors. Clients should contact their salespersons at, and execute transactions through, a J.P. Morgan entity qualified in their local jurisdiction, unless governing law permits otherwise. J.P. Morgan does not provide, affirm, or opine on the tax treatment of specific securities or derivatives transactions in existence or of a hypothetical nature. For tax-related advice, clients should consult an independent tax advisor. All questions related to swaps and OTC financial derivatives referenced in these materials must be directed to GWMHDeriv®jpmorgan.com. The information on this page is qualified in its entirety by, and should be read together with, the "Risk Considerations" and "Important Information" sections of this document. Copyright 2016 J.P. MORGAN CHASE & CO. IMPORTANT INFORMATION This material is intended for your personal use and should not be circulated to any other person without our permission and any use, distribution or duplication by anyone other than the recipient is prohibited. Any views and strategies described in the material may not be suitable for all investors and are subject to investment risks. Please read this Important Information in its entirety. Not all products and services described in this material are available in your jurisdiction. Purpose of This Material The information provided is intended to inform you of certain investment products and services offered by J.P. Morgan's private banking business, part of JPMorgan Chase & Co. The views and strategies described in the material may not be suitable for all investors and are subject to investment risks. Please read this Important Information in its entirety. Regulatory Status In the United States, Bank products and services, including certain discretionary investment management products and services, are offered by JPMorgan Chase Bank, N.A. and its affiliates. Securities products and services are offered in the U.S. by J.P. Morgan Securities LLC, an affiliate of JPMCB, and outside of the U.S. by other global affiliates. J.P. Morgan Securities LLC, member FINRA and SIPC. Investment products: NOT FDIC INSURED • NO BANK GUARANTEE • MAY LOSE VALUE EFTA00611626 Please note that these marketing materials discuss trading over-the-counter (OTC) options. In any over-the-counter transaction with JPMorgan, the client will hold counter-party risk. Additionally, the potential may exist for the transactions discussed in the presentation to be executed in the listed market. Several considerations should be taken into account including strategy, size of position, level of customization, term of transaction and cost. Please consult with your JPMorgan advisor for more information. Not all option strategies are suitable for investors; certain strategies may expose investors to significant potential losses. Note: This information is intended to be a potential hedging strategy that can be executed through OK options to achieve specific goals. These strategies may not be suitable for all investors. In discussion of options and option strategies, results and risks are based solely on the hypothetical examples cited; actual results and risks will vary depending on specific circumstances. Investors are urged to consider carefully whether option or option-related products in general, are suitable to their needs. For a complete discussion of risks for any investment (including supporting documentation for any claims, recommendations or statistics), please review offering documents and speak with your J.P. Morgan investment representative. Non-reliance We believe the information contained in this material to be reliable and have sought to take reasonable care in its preparation; however, we do not represent or warrant its accuracy, reliability or completeness, or accept any liability for any loss or damage (whether direct or indirect) arising out of the use of all or any part of this material. We do not make any representation or warranty with regard to any computations, graphs, tables, diagrams or commentary in this material which are provided for illustration/reference purposes only. The views, opinions, estimates and strategies expressed in it constitute our judgment based on current market conditions and are subject to change without notice. We assume no duty to update any information in this material in the event that such information changes. Views, opinions, estimates and strategies expressed herein may differ from those expressed by other areas of J.P. Morgan, view expressed for other purposes or in other contexts, and this materials should not be regarded as a research report. Any projected results and risks are based solely on hypothetical examples cited, and actual results and risks will vary depending on specific circumstances. Forward looking statements should not be considered as guarantees or predictions of future events. Investors may get back less than they invested, and past performance is not a reliable indicator of future results. JPMorgan Chase & Co. and its affiliates and employees do not provide tax, legal or accounting advice. This material has been prepared for informational purposes only. You should consult your own tax, legal and accounting advisors before engaging in any financial transactions. JPMorgan Chase & Co. or its affiliates may hold a position or act as market maker in the financial instruments of any issuer discussed herein or act as an underwriter, placement agent, advisor or lender to such issuer. References in this report to "J.P. Morgan" are to JPMorgan Chase & Co., its subsidiaries and affiliates worldwide. "J.P. Morgan Private Bank" is the marketing name for the private banking business conducted by J.P. Morgan. If you have any questions or no longer wish to receive these communications, please contact your usual J.P. Morgan representative. Past performance is no guarantee of future results. Additional information is available upon request. to 2016 JPMorgan Chase & Co. EFTA00611627