Alrighty, I'm curious I would like to wax and detail my car, which is a 1992 ford festiva (2 door clown car, i know yuk it up!

). Well needless to say its got lots of oxidation, and looks bad, I had it waxed once but now it looks bad again (waxed a while back) I dont want to pay big dollars to have a professional do it, so this is what I was told to use, can anyone tell me if this is right?
1. Wash Car throughly, with dawn dish detergent (removes old wax and stuff)
2. TurtleWax Rubbing Heavy Duty Compound Cleaner (removes oxidation and stains)
3. Apply Mothers Phase 3 Pure Carnauba Wax Non Abrasive Form.
4. Let stand for 20 minutes (go get a sandwich and come back or something)
5. Wipe off, and repeat as necessary.
6. After detailing car exterrior (couple hours later) use Black Magic Wet Shine Spray
Can anyone lead me in the right direction?
This was the only forum that I felt like was family and only place here to ask this question, I guess its a change of pace from the computer world
Thanks for any help,
~PCTech