1999 TA "Bible"
by John Murphy says in its chapter on volume and open interest that only end of day volume known as open interest is published with a days delay. So Longs and shorts in futures is misnomer cause they are all long and short positions for the opening of a futures contract. Now that was 1999. But I think your main point was to figure if someone was hunting stops.
Certain groups of people are notorious hunt stoppers. But who knows when those orders will show with any certain platform. Perhaps the best approach is to understand where the various techniques for catching trends, and identifying support and resistance along with the trend lines. I got a free email once from the Nison candlechart people which suggested that one could identify support and resistance via the candlestick analysis, as well as identify reversals, the main purpose of candlesticks apparently.
So the more I read up on TA, the more the maxim, TA discounts everything is appropiate, cause all that stop hunting and everything else related to the price is reflected in the charts in a visual way.
After reading the above stuff from Murphy's classic TA book, the more I think that finding real time quotes that you are looking for is a fool's errand. Understanding the charts and candlestick analysis makes all this financial speculation so much easier.
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Real time data for day trading?
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