How many orchids do you have?
I have 18 orchids and I go through about two gallons of fertilizer on watering day. I mix my fertilizer at one quarter strength and then water my orchids with that.
I will let it sit for a week. If the color seems to have changed, or if it smells, or if I just don't trust it, I toss it and make fresh.
Not sure if this is the right way to be doing things, but it's worked for me so far.
