Thanks Callum and S, your comment  helped me to understand the way it worked. Regards   Plamen      

Hi Callum, I've got a question too about auto-bids for a certain scenario and I could't find an explanation in TM help area. Here is a virtual scenario:  In certainTM  auction the reserved price was reached ( e.g. $50). Then, I placed an auto-bid ($101) and started leading. Another person started biding and I was outbid ( his bid was $103). Then I set another auto-bid ($139). Others bidders continued bidding until the highest one , just as an example was $129. ( I guess I cannot see their bidding if they are bellow my Max Auto-bid  ). For this example only, the last bid   $129 was set and a...