In this article the intersubjective aspects of dreams are discussed in the light of Bion’s theories. The intersubjective approach understands the dream of both analyst and analysand as a co-creation. The analytic situation is understood as an intermediate area in which meaning is created by two participants. Within this viewpoint some dreams evoke special attention. Sometimes a dream contains a message about the functioning of the analyst. Thanks to the dream, the importance of a stable psychoanalytic setting is understood in an intensively felt way. Subsequently, the dream adds to the conception of the emotional experience that is taking place in the analytic field. For example, the dream clarifies the transference-countertransference process or it presents, as it were, a photographic summary of the psychoanalytic process. Lastly, the dream comments on the receptiveness and neutrality of the analyst. When a supervisory message is transmitted, the dream strikes by its lucidity and its effect on the analyst. After choosing the Irma dream of Freud as example, the intersubjective aspects of dreams are illustrated with three clinical vignettes from the work of the author.