There have been 3 bids placed by two different bidders, current price is $6.00. Bidders so far are: mytwosons8791 and emmastwo. (was that a manual bid by you?)
You will notice mytwosons has bid twice. This is what AS is all about... bidding in the closing seconds of the auction won't give someone else time to respond to your bid. By the time they realize they have been outbid, it's to late.
Your bid will be placed automatically. If you want to watch at the end at eBay you may, but you do not have to be signed on at your computer. That's why you had to give AS your eBay id and password. They will sign on and bid for you.
The hardest part of using AS is entering your max and trusting AS to do its thing. If your $7 doesn't win, will you wish you had bid more? If the answer is yes, you need to edit your snipe and raise your max. Also it is often helpfull to enter an odd amount like 7.16 instead of 7.00. Many bid in even amounts and those extra few cents may make the differance.