after a knock down I empty jump and see what the opponent is going to do. There are few options gouken players usually stick to. There are those who throw out counter, others demon flip, they might ex tatsu (if they have the meter, but they usually don’t do this) or others just block. After I start to see what options they utilize is where I start to think of what to throw out on his wake up.
I honestly think the best option after you knock him down is to just trap him with jaguar kicks. This eliminates 2 of his best wake up options. He can’t counter the Jaguar Kick since it armor breaks and if he demon flips you will most likely knock him out of it. Don’t even bother using Jaguar Tooth in this match up. Save your EX meter for EX Jaguar Kicks to get passed his Hadouken obstacle course. Gouken players online love using his fireball and they barely ever realize when you have Ultra 1 stocked.