This is a pretty neat soccer trick made popular by Ronaldinho a couple of years back, especially in the nike joga bonito ad series. Basically it is one that can be used to get the soccer ball off the ground in a more creative manner rather than the old 'pull-back and flick-up'. This trick can be done by most beginners with some practice.
Here's a step by step guide on how to perform the toe flick followed by a short video:
step 1: For starters, place the soccer ball between both feet, slightly to the front of of the foot.
step 2: Move the soccer ball swiftly with the front sole (bottom of your foot) towards the standing foot.
step 3: As the soccer ball makes contact with your standing foot, flick the ball up with the standing foot using a tiny amount of movement ( this takes practice to perfect).
step 4: Practice as much as you can, soon it'll be pretty easy and once you can flick it up as high as your waist, then perhaps, you can add on a juggling soccer trick.
Tip: Move your standing foot in a manner that would be 'just enough' for the ball to 'jump' off it. Try to keep your balance, and continue juggling with your kicking foot once the ball is up.