I wouldnt leave any cap off to look while it warms up,
its a pressurised cooling system.
(No hot water should flow untill the thermostat opens when the engine coolant reaches running temp,
well only a little from the thermostat anti airlock hole)
If the radiator is clear with no blockages, & its the correct thermostat & you are running this now with the correct Antifreeze/summer coolant/rust inhibitor ratio to give the correct coolant temp,
lets start.
Is there not 2 bleed points on your 300tdi??
Are you bleeding right around the system is the heater controls closed at present?
(to make it simpler to see if the system can be bleed minus bleeding the heater.)
If there is a problem is it an air block at the thermostat or a collapse/blockage in the radiator or intercooler?
Both bleed screws open if there are 2, fill up with coolant, (dont overfill)
Shut bleed screws.
Cap on.
Engine run untill its at the correct temp with the coolant in the engine block circulating on ly in the block
untill up to temp.
(as should happen),
only a little heat goes past the thermostat if it has a little hole, as it should)
When the engine is at temp & the thermostat opens the hot water will flow past the thermostat.
Take it for a gentle run to circulate the coolant,
stop & bleed at the highest bleed hole.
*Kind of obvious, but you can only really bleed the system when its hot enough & the air is steam*
Run it home & leave it to cool down, dont open the cap untill cold.
If it needs a little top up, do this.
Repeat the procedure if it needs bleed further, or you need to do the heater with the controls open to allow coolant around the heater.
Always run Antifreeze, it alters the boiling point.
Always works for me.
Might not be the 300tdi procedure tho.
Hope someone corrects me.
*let a pressurised system pressurise & set its level via the overflow or pipe back to the coolant bottle.*
A working pressure cap should blow & allow an escape of coolant if required.
george