cold wave magic reflector

[Handscooped]

i have a question about magic cards that dont let you set or play any trap or magic cards. if you have a con. magic or trap card on the field will it still work if you activate cold wave??
and also for magic reflector when you put a spell counter on a magic card and somone uses giant trunade does the spell counter go instede of the card?

[Corpse]

'Cold Wave' doesn't stop Continuous Effects from being applied, it only prevents you from activating the effect of a Face up Spell/Trap if that effect isn't Continuous, the counter of 'Magic Reflector' isn't affected.
quick note: 'Magic Reflector''s counter is NOT a Spell Counter.
if the Spell with a 'Magic Reflector' counter is removed from the field in any other way other than a destruction, the counter disappears.