Yes that is how I see it. Readying just a few seconds after your turn ended to act on the immediate next action. You didn't move your initiative spot around since you are acting against the 2nd from the top. So you do get an action before the orcs second attack since you were acting before the orcs even though your post was after.<br/><br/>What this does also mean is that your previous readied action was a standard action, so no double shot and you never specified which shot was getting enhanced by up close and deadly.<br/><br/>