Hi Kev,
It's generally advised that you don't soak multiple orchids in the same water. Some people do it, and I do with some of mine, but the danger is that if one get's a desease it can easily spread to the others you put in the same water. Some people compromise by having fixed groups, so that the same orchids are always soaked in the water of the same other ones, that way you only loose the group, not all your orchids, if a problem occurs.
I've used the Dyna Grow. It's a good balanced one. I would soak my Phals, filling the outer cache pot for about 10min then pouring it out. For Oncidiums I would poor the water through the pot, I was advised once that this helps because after doing this they dry quicker and you can then water more often which they seem to like.
One thing to be careful of is that rain water usually needs different fertlisers to tap water. The reason relates to how the disolved salts buffer the PH of the fertiliser. I don't know if Dyna-Gro is good for rain water or not.
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