Like I said, you can use an event structure with a Mouse Down event. It will return the coords of your click, and the code will only execute when you click. You should look for event structure tutorials on this site.
BTW, what do you mean "This text file contains the picture"? Are you flattening a picture to a string?
You may wish to save the picture as a standard graphics format - LV can read BMP, PNG and JPG. Of these, you probably want one of the first two.
You don't need to calculate the position of the picture relative to the FP, but if you want to, you can use the Position and Bounds properties and add or substract as needed.
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