RR spikes are good enough for practicing your forging, but if you are going to spend your time finishing a knife I recommend buying real tool steel. Go to Admiral Steel (
http://www.admiralsteel.com/shop/) and get some HR1075/1080. Then you will know what you are dealing with. A 36" x 1 1/4" x 3/16" piece will cost you all of $9 plus shipping.
Be careful not to get it yellow/white hot or you will burn off carbon. If you are working with a coal fire, make sure that you have a thick bed of coal and keep the blade horizontal on top of it. If you are working with propane or acetylene, make sure that the flame is slightly oxygen starved.
No need to anneal it multiple times - just heat it till it is non-magnetic (dull red) and stick it deep in a bucket full of wood ashes to cool. Leave it there for a few hours.
If you want to protect the blade from scaling when heating it for annealing or hardening, wet it and then rub it with chalk till it has an unbroken layer. I use powdered blue chalk-line chalk in a convenient squeeze bottle. You can use any color you like.
To harden, heat to a dull cherry red in dim light and quench it in vegetable oil (less toxic). Make sure to immerse the whole thing in one plunge. Remember that the surface of the oil could flame up - have a metal container with a metal cover.
To temper, heat veeeeerrrrrrryyyy slowly from the back of the blade. This is where patience pays off. Bring it to a bronze color at the cutting edge and as blue as possible at the back. Patience, patience, patience. A sponge soaked in your quench oil is useful for spot cooling areas that run too fast. Did I mention patience?
If you blow it, anneal twice, harden, and temper again.
Good luck!