to make things easier, you remove all of the [param] and [object] tags, which i highlighted in purple:
now the code should look pretty much like this:
next, you find the link of the video, after the src=" [as highlighted]
and there is your autoplay youtube video :)
it works the exact same way with the colored youtube player.
to make it just look like a music player,
you change the width of the player to match your post or sidebar, then change the height of the player to 25.
for an example, check out my other blog: