I have polished more 50's and 60's vintage guitars with Nu Finish than any other guitar or auto polish. It is easy to apply and works great.
When I located a vintage guitar I usually wiped it down, removed most of the hardware, polished all finished surfaces with a very fine polishing compound and then rubbed on two coats of Nu Finish. The old nitro finishes polish up very well. A fine polishing compound rubs out any minor flaws and clouding in the surface. Followed by a few coats of Nu Finish and they shine. Any flamed maple really comes alive.
Pio, your 2011 Tele isn't aged so it shouldn't require polishing compound, just two good hand rubbed coats of wax to look it's best.