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In this video tutorial, Parker demonstrates how to display the previous twelve months of data based on a single date selection in Power BI. He explains that, by default, Power BI filters data to show just the selected date, which might seem counterintuitive. Parker shows a demo where selecting a date, like August 31, 2012, updates the graph to reflect data from the selected date back to the same date a year earlier. If no date is selected, the graph defaults to show the most recent month (January 31, 2014) to the previous year. He emphasizes that this can be achieved with a specific technique, making it a valuable trick for visualizing time-based data effectively.