There isn't much content online about auction drafts. I think that's mostly because its more challenging and therefore less popular.
You can auto-draft (a.k.a. skip the draft) and end up with a very good team. Going into an auction, the best laid plans win.
While the auction never goes exactly as planned, the guy who does the best job at executing the plan will end up with the best team, at least out of the gate. There are many different strategies for auctions, and I cannot adequately explain them all, but here are a few simple rules to follow.