Benchmark for aligning two points

When aligning two points to orient a drawing there does not appear to be a way to mark two points on the existing layout to use to align to the new drawings.

Basically it appears you have to use the mouse to find the coords of the existing dwg, write these coords down, import the new dwg and then allocate these coords to the new dwg to align.

This seems pretty clunky, i would assume you can identify points on the existing drawing (plot them) and then reference these existing points on the new drawing to quickly orient the new drawing?

Am i missing something?

Thanks
Duncan