By RAW the timing for a Readied Action is pretty straightforward.
Immediate Reaction: A readied action is an immediate reaction. It takes place after your enemy completes the action that triggers it.
So by RAW you come directly after any trigger you use. So if you trigger on an Immediate Interrupt you act before completing whatever triggered the II (as you act as soon as the II completes). However, by RAW, you only trigger off of enemy actions.
AS such if you want to be able to trigger on your allies' actions you should be ready for houserules. The most simple being "no jumping into the middle of II battles".
Tbh, I would just say "No triggering off Immediate actions" but allow triggering off what triggers an IA. e.g. "My trigger is the first attack that causes the Wizard to use his Shield utility, and I plan to charge the guy who triggers it". This way the Readied Action is set off by the same basic effect (Wizard uses Shield) but is responding to the attack triggering Shield, not Shield itself. Thus the Redied Action comes after the monster's attack every time. You always trigger off a non-Immediate action, just which one may have been determined by the use of an Immediate action.
Immediate Reaction: A readied action is an immediate reaction. It takes place after your enemy completes the action that triggers it.
So by RAW you come directly after any trigger you use. So if you trigger on an Immediate Interrupt you act before completing whatever triggered the II (as you act as soon as the II completes). However, by RAW, you only trigger off of enemy actions.
AS such if you want to be able to trigger on your allies' actions you should be ready for houserules. The most simple being "no jumping into the middle of II battles".
Tbh, I would just say "No triggering off Immediate actions" but allow triggering off what triggers an IA. e.g. "My trigger is the first attack that causes the Wizard to use his Shield utility, and I plan to charge the guy who triggers it". This way the Readied Action is set off by the same basic effect (Wizard uses Shield) but is responding to the attack triggering Shield, not Shield itself. Thus the Redied Action comes after the monster's attack every time. You always trigger off a non-Immediate action, just which one may have been determined by the use of an Immediate action.