Yup pretty much spot on. The light you'll see go amber is the one in front of you and it go's amber from green just like normall. You just have to sit there in front off the stopped cars and watch the lights in front of you, once you see it go amber you can look behind and in front of you, if the traffic has stopped then you sweet to go.
Just one word of warning though, don't just assume they have stopped when it go's amber, more than likely some d|ckhead will put the foot down through the amber light and T-bone you so be carefull but in the end I bet you'll find it's eaaasy.