OK, sorted it. To get the fade in and fade effect on top of video do the following.
create sequence one as follows:
place rolling titles on layer one and the fade graphic on layer 2.
Render the timeline.
create sequecne two.
Place you video clip on layer one and the first sequence on layer 2.
Now throw a luma key video effect onto the sequence on layer 2.
Render and you're Done!