Forum:Ancient city rainbow ruins HELP!!!!!!!! Spell speed 1 cancels spell speed 2?

Field spells are spell speed 1 right? So how come Ancient city rainbow ruins cancels out spells AND traps? All traps are atleast spell speed 2 soooooo? I know that in the instructions it says that effects come before rules but in this case? And if it does work, does it also work against counter traps?

Somerandoperson