Very nice- only issue I have is those "fantasy uber-sharp" knives ought to be actually covered. Not very dashing to be cut on your own weapons, after all!
Aside from that (more of a pet peeve than a real issue, at that~) I love it! Looks very god! I love how it isn't too stereotypically "Elf Ranger", but like an actual individual, who happens to be an Elf, and a Ranger. I'm not sure if that makes much sense, but I can't think of a better way to describe it, really. Well done, and good luck on the portfolio!
Very cool! She looks dangerous. I like the details of her armour - right arm bare for freedom of movement, left arm protected so as not to get hurt by her bow. The use of different textures is excellent, too :-D