This is how I knit. I am a continental knitter. It basically means that you hold the yarn in your left hand instead of your right. This method is also favored by many crocheters as how you work with the yarn is similar to crochet. This is also called the German Method or Left Handed Knitting.
This is also a great method for left handed people since you control the yarn with your left hand. However, I am right handed and knit this style. It's faster to knit this way since you don't have to take your hand off the needles to knit. Continental knitters hold the yarn in their left hand, which allows the knitter to simply scoop, or "pick", the yarn with the right needle. This is why this method is favored by crocheters since when you crochet you are always grabbing the yarn with the hook.
The biggest challenge with this style of knitting is the purl stitch, which requires a lot of practice to to comfortable and accurately.
So here is how to knit and purl continental style.