I'd probably curl it, maybe with 1 inch (maybe 1 1/2 inch) curling iron, then comb/fingercomb the curls out. I'd probably use a wax or pomade (they make a lot of them for short hair) and work it through the hair as directed (i guess after the curling was done..) The front looks teased, then backcombed to smooth it out. I'd kind of finger style it afterwards, to direct it the way u want it to look. Then finish off with hairspray.
As for the pink...it'd be hard to get the hair pink unless it was blonde/bleached already. Hope this helps