It is similar to a type of handshake.
The idea of "toesies" was brought about by tiddlywinks as well, but that gesture refers to the toes.
Jeremiah: Tiddlies! *makes gestures back*
Dani: Wow...really? Come on, guys. Grow up.
Guy2: Nah I'm off to play some tackle football, but you can call me when you're done playing tiddlywinks.
"I made 7 grand on the Google IPO, but that's tiddlywinks compared to what the Sergey Brin made."
2. Breast with nipples that are the size of a dime or smaller.
Thomas - "Got absolutely no idea Jimmy, he's off in fuckin' Tiddlywink land or something, he's a fucking retard Jimmy.."
Frank - "Hey guys! Hahaha, I was playing GTAV the other day, and I put a bunch of C4's on some cop cars, hehee and they went BOOOOMM"
Whilst Frank is saying that, he's actually drooling from his mouth, making himself look like a retard and that he's off in Tiddlywinks land....
Jimmy - "I'd certainly say that the narrator fucking nailed it !"
Frank - " Yeah!"
Thomas - " Wtf.. ? "