'Do you click on the graph to create a point?'
No. The graph was originally an indicator to which real data was fed. Then it was converted to a control and current value made default.
You might find the program Windig useful. (http://www.unige.ch/sciences/chifi/cpb/windig.html)
It's old/ancient, but still works on my Win2000. If you have a bmp of a graph, it will output the values to an ascii file which you could then read into LV.
Attached is a vi with what I got pretty quickly from an earlier jpg you posted (jpg > bmp > Windig > ascii file > LabVIEW).
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Fading out. " ... J. Arthur Rank on gong."