Thank you Digi. This guide will be going through a massive overhaul at the end of the September, where I might participate in a tournament using her, and by then the patch should be out. The fatalities are at the end of the first post.
Since you can sticky, can you sticky her Frame Data thread as well? ♡
http://testyourmight.com/forum/showthread.php?7294-Sheeva-Frame-Data
I don't think the Liu Kang MU is that bad. This is one of those MU's where I'm thankful that Sheeva has a 6 frame D1. After a B312 string, D1 into a grab. If he does his 213 string, D1 after it. If he does 21, and then goes into the B3 since you'll probably be ducking high to not get hit by the overhead from 213, D1. B3 is 10 frames, D1 is 6. You have 4 frames to react if he does nothing after 21. I don't have much experience dealing with his parry since apparently it's not that good of a special, but I'm guessing you can punish with a Fireball if baited, and a D4 if you don't catch it right away. I think you might be able to do a whiffed telestomp when he does his Fireball on reaction, and the worst you'll eat is a parry. If he does that, whiff the stomp, and you're up close to him. I like to be reckless with my Fireball throwing in this MU as well, using it full screen and mid screen. I just want to get him moving and coming to me, not turtling with Fireballs.
Because of his terrible low poke speed, and a parry that doesn't even seem to work all the time, once you're in with her pressure, you're in.