At the moment, I've won most of matches by baiting punishable moves and basically scaring the other playing into blocking too much (and then jumping in with a high-low combo string).
That said, when I encounter a player who:
A) Doesn't do desperate mix-ups with their teleports, and
B) knows that a getting hit by a few Smoke Teleports isn't the end of the world and doesn't play overly cautious,
... I get my ass kicked. I'm still not sure how to go about the offensive part of this game. I do my dash block cancels; I try to time my jump ins right (I would say jumping is a bit safer in this game than it is in Street Fighter); I try to dish out numerous high-low strings. It's not that what I'm doing doesn't work, but it's just not enough. Most characters are all about zoning, so it doesn't seem like solid offense really pays.
Or not. How are you guys doing on the offensive side of things? What's working for you?