Centre the compasses at where the perpediculars meet the line, keep the compasses at the same width and draw two equal circles.
Draw a straight line through where the circles meet the perpendiculars. This line is parallel to the first line. When we drew perpendiculars we made a rectangle, and opposite sides of a rectangle are parallel.
Join the two lines at any four points A,B,C,D and you have a parallelogram ABCD.