Now I know from reading here that if I don't see bubbles in the airlock that does not mean nothing is happening but is the reverse true? If my airlock is still active is there any point in checking the gravity or is it still fermenting?
Your airlock activity may also just be the beer offgassing any number of compounds. Definitely worth checking the gravity even if you see airlock activity.
If you are getting a regular stream of bubbles in your airlock within the first 5 days of pitching the yeast it is definitely a sign of active fermentation. An odd bubble here or there, maybe not. But more than that is a sign of fermentation.
The airlock is nice because it is fun to watch during activity, but never forget that the hydrometer (or refractometer) is your most important tool. It will give you all your answers either directly or indirectly.