If you run your glow plugs, it's heating the cylinder. Opening the de-compression valve, spinning the motor for a while before letting go is going to suck in a lot of cold air, making the glow plugs almost useless. Verify your glow plugs are getting power while cranking, if they are supposed to like I think I read. The blueish white smoke is cold unburnt fuel. I don't think things are getting heated up enough. Compression may be a culprit as well. Air being sucked into a fuel line will make the engine knock, if you have fuel leaking out, then there is a chance you have air leaking in.