Bloody High Claw

Vega jumps off the wall and does multiple claw slices to his opponent. You can control which wall you dive off of by ending the motion towards the corner of choice in the diagonally up direction.

Vega flies diagonally downwards from whichever corner he hopped off of — meaning you probably won't land this if your opponent is near the wall you jump off of. Also you need to hit the wall before you're safe from counter-attacks.

This move goes through projectiles and is a really effective attack against fireball spammers. Try to be inside of 3/4ths of a screen's distance to the wall, and if you react quickly you can slice the crap out of your opponent simply for throwing out a fireball.

His Ultra comes out very quickly, so you should know almost instantly if your opponent blocked it or not. Even if they block, you land at an alright distance away from them. You can still be punished, but it isn't easy.

Also his Ultra does quite a bit of chip damage, and you do not need your claw to execute it.

At high levels of play, your best bet to land this is by doing a Level 2 or 3 Focus Attack first.