Im not the best at animating but I gave my try at an edit.

what I noticed first about your animation is that the motion is distributed pretty evenly. It should be slower during the anticipation, and quicker during the action. So I added a few extra anticipation frames. I didnt spend that much time, so its not very good, but what I wanted to acheive by this was to show the weight of the sword pull him over a little as he brings it back.
Now the foreward motion should be fast, so I cut a few frames out.
The point of motion blur is that youre drawing multiple positions of something in a single frame. You want the motion to be fast, but you also want to show all the inbetween stages, but you dont want to add more frames because that would slow it down. So instead you draw all the positions it moves through in 1 frame. If you simplify this, you can just draw a blur of the object in the positions it moves through rather than actually drawing the object multiple times.
So I put the motion blur on the frame with the most displacement from the previous frame (right when he brings it foreward).
Lastly, I added some frames where he doesnt have his sword out at the beggining. This is just so we dont have to watch it looping over and over and also so we can see what the transition from the end of the sword swing into an idle pose looks like. This is just for viewing purposes, and would be taken out after the animation itself is perfected.
Maybe someone more knowledgable about animation will come by and say I am wrong about this stuff though, Im still new to animation.