Why can I see my plain password over SSL?

I just noticed that I can see my plain password even when I send them over SSL.

Assuming I have a login page on http://ift.tt/1kSZ4bu then send a post form to http://ift.tt/1zoXzK7, why can I see my plain password when I use a proxy?

Is this expected?

P.S somehow I can't change tags..