Written by the band's lead singer, principal songwriter and lead guitarist Justin Hayward. The song was first released as a single, and later released on the Moody Blues' 1986 album The Other Side of Life.

A blogger for ClassicHits 24.7 wrote his interpretation of the song: "The lyrics of "Your Wildest Dreams" tell the story of a man who is remembering his first love, and wonders if she remembers him the way he remembers her. Unlike a lot of 80's music videos, this one did not end well, and the star-crossed lovers remained apart with a very sad shot of the woman watches at her man [sic] is whisked away yet again by rock and roll."