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In this video tutorial, Parker demonstrates how to display the previous twelve months of data based on a date selection in Power BI. He explains that by default, Power BI filters the graph to show data for a specific date, but the goal is to show data from a selected date back to the same date in the previous year. For instance, when a date like August 31, 2012, is selected, the graph will display data from August 31, 2012, back to August 31, 2011. If no date is selected, it automatically defaults to showing data from the most recent month. Parker provides a technique to achieve this dynamic display of the past twelve months of data.