IftiBashir
Undiscovered....
Use airplay plus reflection: http://www.reflectorapp.com/
No jailbreaking required and free trial so you can mess with it to see how it works.
I've recorded gameplay using this. Check my channel for my app reviews and you will see It in action. Works 100% perfect and its smooth as silk. If you have any problems support tend to reply within an hour! Highly recommend if you are on the MAC platform. No jail breaking required at all!
So this app along with Screenflow for screen capture works perfect.