Use a fir bark that can be easily found in garden centers. It won't hold water, but will add texture for the orchid's roots to cling to.
Mix in two parts sphagnum peat moss with two parts fir bark. The moss holds moisture and enhances the acidity of the mix.
Add one part perlite for drainage. Place the mix in an orchid pot with good drainage holes. Place the pot on a saucer with a layer of gravel and 1/2 inch of water to enhance the humidity without drowning the roots.
Make any combination of the first three ingredients or you can use them alone as a medium for your Phalaenopsis orchid, according to Aggie Horticulture. Harder-to-find items, such as fern tree fiber and charcoa,l may also be added. The tree fiber holds moisture and the charcoal adds acidity.