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In this video, Parker demonstrates how to display the previous twelve months of data based on a single date selection in Power BI. Typically, selecting a date filters the graph to show only that specific date's data. However, he shows how to configure it to instead display data from the selected date back to the same date one year earlier. For instance, if 8/31/2012 is selected, the report will show data from 8/31/2012 to 8/31/2011. Additionally, if no date is selected, the report defaults to showing January 31, 2014, back to January 31, 2013. Parker reveals a useful trick to achieve this with a simple setup.