Dragon

You will need two balloons of the same color - usually green or red, leaving about 6 inches uninflated.
Begin with a Hook Twist and then take the hooked part and twist it into a small soft bubble. Twist this small bubble into two equal bubbles. You now have the dragon's snout and nostrils. Follow this with a 1" Pinch Twist and give it a Toe Twist to make eyes. Another 1" pinch twist makes the forehead and sets the angle for the neck.
The rest of the balloon will become the neck, one wing and one front leg. The neck is about a 6" bubble. For the wing twist a 4", 1.5", 4", 1.5", 7", fastening the last twist back to the base of the neck. You should have a 3-4" leg left over. Pinch twist the 1.5" bubbles on the wing.
With the second balloon. Make a foreleg and wing to match what you already have and twist connect it at the base of the neck. Twist a 4" body, followed by 3-4" rear legs Lock Twist together, leaving a long tail.

For variation, you can follow the neck with the body, rear legs and tail, and then make both wings and front legs from a contrasting color second balloon. Now for the story . . .