4.0 ice cream sandwich - Decrypting HTTPS Traffic from Android Apps via Fiddler?

I am actually trying to debug all the traffic going in and out on my phone. I am using Fiddler on my PC, and ProxyDroid on my phone to do this. HTTP traffic works fine. I am able to decrypt it completely. However, with HTTPS traffic, all I get is "Tunnel to : xxx.xxx.xx.xxx:443 ". Any idea how do I decrypt the traffic going through the HTTPS route?

I installed the FiddlerRoot.cer on my phone through the default browser. Still no luck on decrypting the HTTPS traffic.

P.S : I am talking about traffic from apps, and not through the browser. My Phone is running ICS and is rooted.