How many triangles are there?

Question

How many triangles (of any size) are there in this figure? Explain...

http://i37.tinypic.com/29y4nj4.jpg

I got 112, but it's not correct.

Answer 1

I got 120. Maybe you are missing the 8 triangles that are formed joining every 2 squares from side to side (4) and from top to bottom (4). Or maybe you are missing the 8 that are within the big rotated square at the center of the figure.

Answer 2

118  

Answer 3

I found 114, hope it's correct

Answer 4

I got 72

14 triangles in 5 squares =70 + 2 formed by the big square in the center.

I checked back and still can only find 78 - I am the worst triangle finder ever!