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In today's video, Parker demonstrates how to display the previous twelve months of data based on a single date selection in Power BI. He explains that typically, Power BI filters the graph to show only the selected date, resulting in just one data point. However, he shows how to adjust this functionality so that when a user selects a date (e.g., August 31, 2012), the graph displays data from that date back to the same date the previous year. If no date is selected, the default will show data from January 31, 2014, back to January 31, 2013. He highlights a technique to implement this effectively in Power BI.