Sounds like you want to see the grain through it? Maybe? Otherwise there's paint! 
I have no experience with pink but I did do an electric in a black wash by thinning down a oil base paint to put on multple coats to get the shade I wanted. This was about 20 years ago before black stains were popular. Turned out awesome, got a lot of compliments as you could see the woodgrain clearly but it was black.
In doing pink, the problem is even thinning down a red stain or paint your going to get red to various shades of maroon. I have no experience, again, but would suggest you try a thin white wash first then give a very thin coat of red either in a clear coat or a stain. This would drop the saturation of the red and give a pink hue.
Experiment with scrap and I think you can come up with something. Somebody may come along with a better idea!
You didn't mention what kind of wood we're dealing with here? Are you looking at a bright florescent pink like Hesh
(Warning: Again don't look if your sensitive)
Attachment: Valentines Hesh.jpg
or a light pink like JJ here?
Attachment: JJ Cave Man.jpg
The florescent would likely require more white wash with a much stronger pigment added to the clear. The lower saturated pink would require a medium white wash with lighter pigmented clear.
Again, I'm guessing, as I've never done pink and I'm pretty sure, few, if any, have.  Sure she wouldn't like black? 
Seriously though, considering it's for a little girl, good luck! I hope it turns out well and this helps! ![[:Y:]](./images/smilies/smiley20.gif "Thumbs Up")
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its for my daughter who is turning 5 what can I use to get a pink side but not ruin the sound? Help! I will be giving the sides a coat of shellac but thats it then the pink, so help a guy out. My little girl has watched me build this and even helped out. I told her its for someone special but haven't told her its for her. Any suggestions would be very appreciated by a father who loves his daughter enough to preform sacrilege on a uke 
